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HCA, Lahey advance bids for New Hampshire hospital

Elliot Health System, a single-hospital system in Manchester, N.H., put out a request for acquisition proposals and Nashville, Tenn.-based Hospital Corporation of America and Burlington, Mass.-based Lahey Health have been chosen as bidding finalists, according to the Boston Business Journal.

A source familiar with the negotiations told the Boston Business Journal that 238-bed Elliot Health System could be acquired by one organization or possibly purchased through a Lahey-HCA joint venture.

Regarding the potential deal, Elliot officials told the Boston Business Journal no final decisions have been made. Lahey and HCA both declined to comment on any ongoing partnership discussions.

More articles on healthcare industry transactions:

26 hospital transactions and partnerships in March
Capella inks private-public partnership with Arkansas hospital
Advocate, NorthShore to offer low-cost health plan if merger goes through

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