Hinckley Allen Facilitates Milford Regional Medical Center’s Strategic Affiliation with UMass Memorial Health

Hinckley Allen played a key role in Milford Regional Medical Center’s strategic affiliation with UMass Memorial Health. This affiliation integrated 2,500 Milford Regional employees into UMass Memorial Health’s system, expanding the nonprofit healthcare network to over 20,000 caregivers in Central Massachusetts. Leveraging its extensive expertise in healthcare mergers and acquisitions, Hinckley Allen successfully guided Milford Regional through the transaction, ensuring the long-term sustainability and growth of both institutions.

Milford Regional sought to preserve its local mission and governance while benefiting from a larger health system.

Hinckley Allen, working with Milford Regional and its investment bankers, structured the affiliation to integrate Milford Regional into UMass Memorial Health’s nonprofit system while maintaining its local board of trustees and securing representation on UMass Memorial Health’s parent board.  Additionally, the affiliation preserved Milford Regional’s clinical relationships with major academic medical centers, such as Dana-Farber and Boston Children’s Hospital.

Hinckley Allen’s experience in nonprofit and tax law was crucial in ensuring that the transaction was structured in a way that maintained Milford Regional’s tax-exempt status. The firm navigated IRS regulations and ensured compliance with healthcare laws, seamlessly securing the necessary regulatory approvals for the merger.

The corporate affiliation between Milford Regional Medical Center and UMass Memorial Health preserves Milford Regional as an acute care hospital offering inpatient and outpatient services, ensuring access to high quality local care for the Milford community, with new support for strategic capital investments in facilities, equipment and other infrastructure to support clinical care and the local community. Hinckley Allen is proud to have represented Milford Regional in this transaction.