LRGHealthcare filing for Chapter 11 bankruptcy
LRGHealthcare moved to file for Chapter 11 bankruptcy on Monday.>> Download the FREE WMUR appThis move comes as many hospitals in New Hampshire and across the country have been struggling with the financial difficulties linked to the COVID-19 pandemic. LRGHealthcare officials said they are working to keep the doors open through a potential deal with Concord Hospital.Concord Hospital would acquire the assets of Lakes Region General Hospital, Franklin Regional Hospital and all other outpatient care locations.Gov. Chris Sununu released a statement about the bankruptcy filing, saying in part: “This potential acquisition by Concord Hospital is welcome news and provides a path toward long term financial stability that will allow LRGH to continue to provide critical services for the citizens of the Lakes and Three Rivers region. The state has and will continue to provide any resources that are necessary to enable LRG Healthcare to continue services while it navigates this process.” For more information about the decision, visit https://lrgh.org/our-future/.This will be updated.
LRGHealthcare moved to file for Chapter 11 bankruptcy on Monday.
This move comes as many hospitals in New Hampshire and across the country have been struggling with the financial difficulties linked to the COVID-19 pandemic.
LRGHealthcare officials said they are working to keep the doors open through a potential deal with Concord Hospital.
Concord Hospital would acquire the assets of Lakes Region General Hospital, Franklin Regional Hospital and all other outpatient care locations.
Gov. Chris Sununu released a statement about the bankruptcy filing, saying in part:
“This potential acquisition by Concord Hospital is welcome news and provides a path toward long term financial stability that will allow LRGH to continue to provide critical services for the citizens of the Lakes and Three Rivers region. The state has and will continue to provide any resources that are necessary to enable LRG Healthcare to continue services while it navigates this process.”
For more information about the decision, visit https://lrgh.org/our-future/.
This will be updated.