Lebanon, N.H.-based Dartmouth Health has dropped Cheshire Medical Center from its obligated group as the hospital continues to report approximately $2 million losses per month, according to a July 27 The Keene Sentinel report.
The move won't affect the hospital's affiliation with Dartmouth Health, a six-hospital system, nor will it affect patient care, Keene, N.H.-based Cheshire Medical spokesperson Matthew Barone told the Sentinel.
"Removal of Cheshire from the obligated group is a temporary financial action and doesn't impact its standing or the financial support from the Dartmouth Health system," Mr. Barone wrote in an email.
Cheshire Medical was losing about $3 million a month until recently, but that had dropped to just under $2 million, according to now-retired CEO Don Caruso, MD, the report said.