3 New Hampshire hospitals complete affiliation to form GraniteOne Health

Three New Hampshire hospitals ─ Manchester-based Catholic Medical Center, Wolfeboro-based Huggins Hospital and Peterborough-based Monadnock Community Hospital ─ completed their affiliation agreement to form GraniteOne Health.

Advertisement

The three hospitals’ boards also approved the organization’s 11-member board of trustees ─ seven of whom represent CMC, two representing Huggins Hospital and two representing Monadnock Community Hospital.

CMC President and CEO Joseph Pepe, MD, will serve as CEO of GraniteOne Health.

The three hospitals began discussing a potential affiliation agreement in November 2016.

“It is exciting to design a healthcare system that understands and will meet the specific needs of our local communities,” said Huggins Hospital President and CEO Jeremy Roberge. “Our patients and our employees have remained our top priority throughout this process and I’m confident GraniteOne will benefit them both.”

More articles on transactions and valuations:
11 healthcare transactions in 2016 with $600M+ price tags
Keokuk Health Systems, UnityPoint Health to formalize affiliation
University of Miami Health System to manage, provide services at 17 Walgreens clinics

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.