Chief Healthcare Executive July 3, 2024
Catholic Medical Center has signed a purchase agreement with HCA Healthcare. The New Hampshire hospital has been struggling financially.
Months after Catholic Medical Center began exploring a partnership with HCA Healthcare, the New Hampshire hospital says it has reached a purchase agreement with the company.
Catholic Medical Center says it has signed an asset purchase agreement with a subsidiary of HCA Healthcare, the largest for-profit hospital system in America. The organizations announced last fall that they were exploring a partnership.
HCA Healthcare is planning to buy the hospital for $110 million, the New Hampshire Union-Leader reports.
New Hampshire’s Attorney General’s office must still review the planned transaction so the regulatory review is just getting underway.
Based in Manchester, N.H., Catholic...