Elliot and Southern are not alone in thoughtfully approaching this type of decision. Across the U.S., the number of hospital affiliations, partnerships, mergers, joint ventures and other arrangements designed to bring like-minded systems together is growing rapidly. This is the future of healthcare.
In New Hampshire alone, increased partnerships within the past five years have made the environment more challenging for independent hospitals like Elliot and Southern. In fact, there are fewer than ten independent health systems remaining in our state.
There are many different kinds of partnerships in healthcare today – from clinical alliances to affiliations, joint ventures and mergers. This process is about combining to develop a highly coordinated community based regional health care network that will improve and increase access, quality, value and community benefits, while maintaining the affordability of health care in the specific communities served by Elliot and Southern respectively, and southern New Hampshire as a region.
Both Elliot and Southern will maintain a local voice and local board presence.