Officials at Hebrew SeniorLife, the largest provider of senior care in Massachusetts, and Peabody-based Aviv Centers for Living said that the two organizations are exploring a potential affiliation that could expand care and services for North Shore seniors.
Aviv provides such services as assisted living, home care, and skilled nursing. Aviv’s commitment to seniors meshes nicely with that of Hebrew SeniorLife, which serves more than 3,000 residents and patients daily in its six senior living and health care sites around Boston.
Officials at Aviv and Hebrew SeniorLife (also known as HSL) said that over the next few months, they will collaborate to determine the best structure to support a potential affiliation and hope to conclude this process by early 2014.
The announcement comes as mergers are becoming more common in the health care industry. Meanwhile, the industry is looking to adjust to the complex requirements of President Obama’s health care law, known as the Affordable Care Act. At recent hearings convened by the Massachusetts Health Policy Commission, which monitors cost trends and seeks to rein in the medical spending that has become a drag on businesses, families, and governments, talk of consolidation dominated the agenda, an Oct. 3 Globe story noted.
“The changes occurring in health care underscore that larger organizations with greater breadth and depth of services will be better positioned to serve patients,’’ Eric S. Levy, chair of the Aviv board of directors, said in a statement. “Given this shift, our board undertook a long-range view in our planning in order to ensure the continuation of Aviv’s mission for generations to come.’’
In a separate statement, Jennifer K. Silver, chair of the HSL board of directors, added: “Aviv and Hebrew SeniorLife are closely aligned in mission, history, tradition and values. It makes sense for both organizations to consider ways that we can affiliate.’’