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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.