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Catholic Medical Center to partner with Monadnock Community Hospital

Catholic Medical Center, a 330-bed hospital in Manchester, N.H., and Monadnock Community Hospital, a 25-bed critical access hospital in Peterborough, N.H., have signed a letter of intent to explore an affiliation.

MCH began looking for a hospital to partner with last year, and, after reviewing proposals from numerous healthcare organizations, decided CMC was the best fit for an affiliation. The two organizations have worked together for many years, and they recently expanded a clinical partnership to include neurology.

With the letter of intent signed, the two organizations will negotiate a definitive agreement. CMC and MCH hope to complete the affiliation within the next year.

More articles on healthcare industry transactions:

Hospital M&A activity jumps 70% in 5 years: 8 findings
2 Philadelphia health systems finalize merger deal
Montefiore Health System expands NY footprint

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