Effective Oct. 1, New London (N.H.) Hospital became an affiliate of Lebanon, N.H.-based Dartmouth-Hitchcock.
The deal received clearance from New Hampshire Attorney General Joseph Foster in mid-September. The approval follows several months of public hearings and regulatory review. Dartmouth-Hitchcock and New London Hospital officials proposed an affiliation in March.
Financial terms of the deal were not disclosed. In a statement, New London Hospital President and CEO Bruce King said the transaction will focus on strengthening clinical services, improving population health, reducing healthcare spending and collaborating on Dartmouth-Hitchcock's Pioneer accountable care organization.
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