New Hampshire health system to auction off hospitals

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Concord (N.H.) Hospital made an initial quote of $30 million for LRGHealthcares health centers. Concord Hospital will have the opportunity to increase its bid if another business makes an offer of more than $30 million, according to the report..

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The due date for companies to submit quotes is Dec. 14..

The auction is being held as part of the systems personal bankruptcy process. LRGHealthcare filed for Chapter 11 personal bankruptcy protection Oct. 19..

Laconia, N.H.-based LRGHealthcare will auction off its properties, including its 2 hospitals, on Dec. 16, according to The Laconia Daily Sun..

Ayla Ellison (Twitter) –
Monday, November 9th, 2020
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