New HampshireDepartment of JusticeOffice of the Attorney General

News Release

For Immediate Release
January 2, 2020

Contact:
Kate Spiner, Director of Communications
kate.spiner@doj.nh.gov
603-573-6103

Public Hearing Regarding Proposed Transaction to Sell Charitable Assets of Frisbie Memorial Hospital to FMH Health Services, LLC

Concord, NH – Attorney General Gordon J. MacDonald announces that Thomas J. Donovan, 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, regarding the proposed transaction to sell the charitable assets of Frisbie Memorial Hospital ("Frisbie") to FMH Health Services, LLC. FMH Health Services, LLC is an affiliate of HCA Healthcare, Inc. ("HCA"), a for-profit corporation. Members of the public are encouraged to attend the public hearing.

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 by regular mail or email to:

Director of Charitable Trusts
Department of Justice
33 Capitol Street
Concord, NH 03301
Charitabletrusts2@doj.nh.gov

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 website for the Charitable Trusts Unit: https://www.doj.nh.gov/charitable-trusts/hospitals.htm.

New Hampshire Department of Justice
33 Capitol Street | Concord, NH | 03301
Telephone: 603-271-3658