Becker's Healthcare July 1, 2024
Catholic Medical Center, a 330-bed regional health system in Manchester, N.H., is pursuing a deal to join HCA Healthcare.
CMC announced July 1 that it entered into an asset purchase agreement with a subsidiary of Nashville, Tenn.-based HCA Healthcare and initiated the regulatory review process with the New Hampshire Attorney General’s Office.
Nonprofit CMC and investor-owned HCA signaled mutual interest in September 2023, when the two signed a nonbinding letter of intent to explore a potential integration. At that time, the systems said they were working toward a proposed agreement in which CMC would maintain its Catholic identity.
“This agreement is the result of months of due diligence, thoughtful negotiations between our organizations and discussion with the...