Becker's Healthcare July 1, 2024
Molly Gamble

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...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
Washington health system building $71M ASC, medical office building
HFMA: The top issues facing CFOs
STAT+: Former Mass General president Peter Slavin will run Cedars-Sinai in Los Angeles
Survey Shows Public Support for Hospital at Home Programs
Healthcare Leadership In Crisis: Time For Reinvention

Share This Article