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Partnership

Overview

For nearly 50 years, Catholic Medical Center (CMC) has proudly served our communities with a commitment to delivering the highest quality and most advanced healthcare. Now, we are looking smartly to the future to best position ourselves in today’s ever-changing healthcare marketplace.

CMC has entered into an Asset Purchase Agreement with a subsidiary of HCA Healthcare, and the appropriate documents have been filed with the NH Attorney General’s Office to begin the regulatory review process. This transaction would enable CMC to continue delivering the highest quality, most advanced Catholic healthcare to the Manchester community while ensuring its mission of health, healing and hope flourishes for decades to come.

Since the signing of the Letter of Intent last fall, leadership teams from CMC and HCA Healthcare, in partnership with the Diocese of Manchester, have engaged in due diligence to determine if the organizations could come to a final agreement in which CMC would join HCA Healthcare.

Together CMC and HCA Healthcare intend to:
  • Maintain CMC’s Catholic identity and provide care in accordance with the Ethical and Religious Directives for Catholic Health Care Services (ERDs),
  • Create a non-profit foundation to carry on CMC’s commitment to serve the needs of our community for generations to come,
  • Preserve and enhance access to high-quality patient care and meet the growing demand for healthcare services in New Hampshire,
  • Continue a legacy of providing charity care to improve health equity in New Hampshire, 
  • Provide CMC access to HCA Healthcare capabilities, scale and resources focused on delivering high-quality patient care,
  • Support CMC’s existing workforce with job training, education opportunities and industry leading technology,
  • Enhance the immediate and long-term financial viability of CMC.  

What This Means for Patients 

The long-term health and wellbeing of our communities remains our top priority and the driving factor in our decision to partner with HCA Healthcare. Our proposed partnership would enable Catholic Medical Center to expand access to high-quality care for individuals and families and help us meet the growing demand for healthcare services in New Hampshire.

As of today, nothing changes in the day-to-day operations of CMC or how CMC patients will receive their care. The excellent healthcare patients receive will continue, and CMC will remain focused on delivering on its mission and its commitment to providing exceptional care to all those it serves today and in the future.

We are committed to keeping you informed as the process moves forward, and will provide any developments on this page.

Press Releases:

Catholic Medical Center and HCA Healthcare Take Next Step Towards Partnership—7/1/24

CMC Board Of Directors To Host Listening Session On Proposed Transaction With HCA—5/22/24
 

CMC to Begin Exclusive Negotiation with HCA Healthcare to Explore Potential Partnership—9/27/23

Frequently Asked Questions

What has been announced?
CMC has announced it has signed an Asset Purchase Agreement (APA) following a vote by the Board of Trustees to approve the transaction. The appropriate documents have been filed with the New Hampshire Attorney General’s Office to begin the regulatory review process, which will likely take several months.
Is the filing public?
Yes. The documents for the filing can be found on the New Hampshire Attorney General’s website.
Why are we doing this? What led to this decision?
This is part of CMC’s ongoing strategic planning to determine how best to meet the increasing healthcare needs of Manchester and the surrounding region. To remain the vibrant community partner we are today, we must look smartly toward the future to ensure we are best positioning ourselves to succeed in today’s ever-changing healthcare marketplace. 
Why HCA Healthcare?
CMC has been on a journey to identify a partner that will, first and foremost, support our mission of health, healing and hope and embrace who we are as a Catholic healthcare system. HCA Healthcare’s commitment to utilizing their financial and operational resources to strengthen CMC and our workforce make them an ideal partner to guide us into our next chapter.
Will CMC still be Catholic after this deal is complete?
Yes. As part of HCA Healthcare, CMC will retain its Catholic identity. We will continue to operate in accordance with Catholic moral teachings and with our mission to carry out Christ’s healing ministry. We will remain a member of the Catholic Health Association and continue to adhere to the Ethical and Religious Directives for Catholic Health Care Services (ERD’s).
How will this impact patients and the community?
The long-term health and wellbeing of our communities remains our top priority and the driving factor in our decision to partner with HCA Healthcare. Our proposed partnership would enable CMC to expand access to high-quality care for individuals and families and help us meet the growing demand for healthcare services in New Hampshire. 

Our proposed partnership would maintain and enhance the richness of Catholic spiritual life within CMC and the community it serves, including the creation of a Catholic foundation, which will be funded with the proceeds from the transaction.

During this process, nothing will change in the day-to-day operations of CMC or how patients receive their care.
What is the purchase price?
The purchase price is $110 million for substantially all of the assets of CMC.  A number of assets are excluded from the sale and will be retained by CMC to take care of its obligations and the remaining proceeds will benefit the Foundation. In addition, HCA has committed to invest a projected $200 million in capital improvements to the hospital over the next 10 years. 
How will this impact services?
During this transition, CMC maintains its commitment to delivering excellent patient care as it has for the past 50 years. As the regulatory process proceeds over the coming months, HCA Healthcare will work with CMC leaders to discuss and finalize its plan to integrate CMC into HCA Healthcare upon a successful closing. Throughout the regulatory review phase and integration planning process, CMC will continue its normal operations.
Will this affect which insurance CMC accepts?
Nothing changes today, including the insurance plans CMC accepts. Patients will continue to have access to their current in-network providers without any disruption. As this process continues, we will continue to keep our staff, our patients and our communities apprised of developments.
What about Mission Health?
Mission Health continues to be recognized as a leading healthcare provider by independent ratings organizations that evaluate hospital quality and patient safety. In addition, since 2019, HCA Healthcare has invested more than more than $630 million to upgrade and expand medical services, while adding new members to its medical staff, including key specialists like oncology. HCA has created a webpage dedicated to providing the public with facts about Mission Health. Read more here
What happens next?
The New Hampshire Attorney General’s Office will engage in the regulatory review process. Our hope is this process will be finalized by the end of the calendar year, and we will close the deal shortly thereafter. 


CONTACT

Do you have a comment or question about the CMC/HCA partnership? Please use the form below.     

Please note: We are unable to respond to each message individually, however, the FAQ's on this page will be updated periodically based on the comments and questions received. 

Please do not use this email for medical emergencies.  If this is a medical emergency, call 911 immediately.





   
   
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