Manchester, N.H.-based Elliot Health System and Nashua-based Southern New Hampshire Health signed an agreement Oct. 30 to combine operations, according to the New Hampshire Union Leader.
The combined entity, SolutionHealth, will aim to provide and improve medical care through the sharing of EHRs and other advancements in medical technology.
Officials from both health systems said during a press conference Monday the deal is not a merger because both institutions will maintain their own brands and boards of directors. Officials said they intend to create a third board to oversee the combined entity that will comprise five representatives each from Elliot Health System and Southern New Hampshire Health.
Elliot Health System President and CEO Doug Dean said Monday officials will submit the agreement to the New Hampshire attorney general's office, who will have four months to review and approve changes.
Officials also said there would be a potential for some duplicative positions to be eliminated in the combined entity, according to the report.
The organizations initially signed a letter of intent to combine in June.