State prosecutors won’t oppose Frisbie Memorial Hospital’s proposed merger with HCA Healthcare, Attorney General Gordon MacDonald announced Monday. In January 2019, Frisbie officials announced the hospital signed a letter of intent to explore the possibility of joining Nashville-based HCA Healthcare, the nation’s largest for-profit hospital chain. At the time, Frisbie officials said they hoped the move would help drive down costs for patients. HCA Healthcare owns 185 hospitals and 123 surgery centers in 21 states and the United Kingdom. In New Hampshire, HCA owns Portsmouth Regional Hospital, a 220-bed hospital with a Level II trauma center, and Parkland Medical Center in Derry. Frisbie is an acute-care community hospital with 88 beds providing inpatient and outpatient services to over 100,000 people in the Seacoast region. It operates as a nonprofit health care charitable trust organized under New Hampshire law.
Read the full article: AG Signs off on Frisbie Hospital Merger with For-Profit HCA //
Source: https://www.unionleader.com/news/business/ag-signs-off-on-frisbie-hospital-merger-with-for-profit/article_b1d2e393-0b5b-581d-8b26-3abd06618f3a.html