Memorial Hospital in Conway, N.H., is moving forward with its plan to join MaineHealth in Portland, according to a Conway Daily Sun report.
Memorial Hospital's board of trustees recently voted to approve the deal, which has been in development for more than a year, according to the report.
Joining MaineHealth would give Memorial Hospital the capital strength and support to provide and sustain better healthcare, find cost savings in back office functions and invest in capital improvements.
"The key is not so much financial as improving our ability to deliver medical services in the community," Gene Bergoffen, chairman of Memorial Hospital's board of trustees, said, according to the report. "It's a stronger partner to bring those services and maintain those services, and to afford some of the more expensive things we're going to have to do. We'll share costs and share relationships with them for things like medical records systems and so on. What's really driving us is to provide better healthcare to the community and to sustain that healthcare."
Negotiations for the potential deal are expected to take anywhere from four months to a year before the board of trustees will be able to vote on a formal written agreement with MaineHealth. According to the report, the process will also be overseen by the New Hampshire Attorney General's office, which will make sure that Memorial will still be able to carry out its non-profit mission as part of the network.
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Memorial Hospital's board of trustees recently voted to approve the deal, which has been in development for more than a year, according to the report.
Joining MaineHealth would give Memorial Hospital the capital strength and support to provide and sustain better healthcare, find cost savings in back office functions and invest in capital improvements.
"The key is not so much financial as improving our ability to deliver medical services in the community," Gene Bergoffen, chairman of Memorial Hospital's board of trustees, said, according to the report. "It's a stronger partner to bring those services and maintain those services, and to afford some of the more expensive things we're going to have to do. We'll share costs and share relationships with them for things like medical records systems and so on. What's really driving us is to provide better healthcare to the community and to sustain that healthcare."
Negotiations for the potential deal are expected to take anywhere from four months to a year before the board of trustees will be able to vote on a formal written agreement with MaineHealth. According to the report, the process will also be overseen by the New Hampshire Attorney General's office, which will make sure that Memorial will still be able to carry out its non-profit mission as part of the network.
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