Danbury crash claims driver s life
January 06, 2021DANBURY On Jan. 4 at approximately 3 p.m., State Police received a call of a motor vehicle crash with ejection in the area of 317 Eastern District Rd. in the Town of Danbury.
It appeared the vehicle was traveling north on Eastern District Road when the vehicle veered to its right and off the road. The vehicle then reentered the road, struck a guardrail and some trees. The operator was not wearing a seatbelt and was ejected from the vehicle. The male operator, Kevin Ramsey, was pronounced dead on scene by Danbury Fire and Rescue as a result of his injuries. The female passenger, Sarah Westland, who was seat belted, was transported to Franklin Regional Hospital to be evaluated for possible minor injuries.
Judge signs off on Concord Hospital s acquisition of LRGHealthcare LRGHealthcare filed for bankruptcy in October after years of being in a precarious financial state.
, Associate Editor
New Hampshire-based Concord Hospital has been given the green light on its $30 million acquisition of LRGHealthcare, a two-hospital health system that filed for bankruptcy in October 2020.
Judge Michael Fagone submitted the approval to the U.S. Bankruptcy Court District of New Hampshire s docket on December 24.
As a part of the deal, Concord Hospital will acquire the assets of Lakes Region General Hospital, Franklin Regional Hospital and the hospitals ambulatory sites. The order refers to the hospitals by their new names, Concord Hospital-Laconia and Concord Hospital-Franklin.
LACONIA â Concord Hospital is the sole health care institution interested in acquiring Lakes Region General Hospital, Franklin Regional Hospital and the hospitalsâ ambulatory sites through Chapter 11 bankruptcy proceedings, LRGHealthcare President and CEO Kevin Donovan said Tuesday.
âWhile LRGHealthcare received significant interest from other parties, no other party submitted a bid by the deadline,â Donovan said. âWe have always felt that Concord Hospital is a natural fit to ensure the continued provision of excellent care in the Lakes and Three Rivers Region, and we are excited about this step forward.â
LRGHealthcare has filed a motion in federal bankruptcy court to cancel a bankruptcy auction set for Wednesday. Multiple bidders present offers at such an auction, but it will not be needed as Concord Hospital has emerged as the only bidder.
Owner of bankrupt Franklin and Laconia hospitals says Concord Hospital remains the only bidder
Lakes Region General Hospital
Published: 12/15/2020 11:27:58 AM
Concord Hospital won’t have any competition in its effort to acquire bankrupt LGRHealthcare, but it will have to overcome some 25 objections to the sale filed last week by various creditors.
The deadline to submit bids ended at 4 p.m. Monday without another bidder, meaning that Concord Hospital’s $30 million offer will be the only one on the table when the Bankruptcy Court hears a variety of those challenges in hearings scheduled for Friday and next Tuesday, Dec. 21.
The single bid for LRGH came even though more than 50 organizations expressed interest in LRGH, and a dozen signed nondisclosure agreements and entered “active discussions, according to LRGH.
NH Business Review
But pitfalls, objections loom in bid for bankrupt healthcare company
December 14, 2020
Concord Hospital won’t have any competition in its effort to acquire bankrupt LGRHealthcare, but it will have to overcome some 25 objections to the sale filed last week by various creditors
The deadline to submit bids ended at 4 p.m. Monday without another bidder, meaning that Concord Hospital’s $30 million offer will be the only one on the table when the Bankruptcy Court hears a variety of those challenges in hearings scheduled for Friday and next Tuesday, Dec. 21.
The single bid for LRGH came even though more than 50 organizations expressed interest in LRGH, and a dozen signed nondisclosure agreements and entered “active discussions, according to LRGH.