Released by: Gordon J. MacDonald, Attorney General
Subject: Public Comment Opens in Proposed Transaction to Sell Charitable Assets of Frisbie Memorial Hospital to FMH Health
Services, LLC; Public Hearing Scheduled for January 6, 2020
Date: Wednesday, November 20, 2019
Contact: Kate Spiner, Director of Communications
Concord, NH — Attorney General Gordon J. MacDonald announces that Thomas J. Donovan, Director of Charitable Trusts, will be accepting public comment on the proposed transaction to sell the charitable assets of Frisbie Memorial Hospital (“Frisbie”) to FMH Health Services, LLC which is an affiliate of a for-profit corporation, HCA Healthcare, Inc. (“HCA”).
On October 23, 2019, Frisbie filed a notice of the proposed acquisition transaction with the Attorney General’s Office. State law requires that the Director of Charitable Trusts review acquisition transactions involving health care charitable trusts. The notice, which includes, among other things, the Asset Purchase Agreement, Statement of Hospital Charitable Objects, and an Executive Summary may be found here: https://www.doj.nh.gov/charitable-trusts/hospitals.htm.
Comments regarding the proposed transaction may be submitted to the Director of Charitable Trusts either by email at Charitabletrusts2@doj.nh.gov or by regular mail to:
Director of Charitable Trusts
Department of Justice
33 Capitol Street
Concord, NH 03301
The Attorney General also announces that the Director of Charitable Trusts will host a public hearing on Monday, January 6, 2020 from 4:00-6:00 p.m. at Spaulding High School, 130 Wakefield Street, Rochester, New Hampshire. Members of the public are encouraged to attend the public hearing.
In the event of inclement weather, the public hearing will be held on Tuesday, January 7, 2020, from 4:00-6:00 pm at Spaulding High School, 130 Wakefield Street, Rochester, New Hampshire. Notification of any change in the public hearing schedule will be posted to the Charitable Trusts Unit website: https://www.doj.nh.gov/charitable-trusts/hospitals.htm.