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State leases Hampstead Hospital to Dartmouth Health; lease proceeds reserved for capital improvements

2542976 · March 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee was briefed on the state’s transfer of Hampstead Hospital operations to Dartmouth-Hitchcock: the facility is now operated under a lease and transition agreements that include a matching capital-investment obligation and a proposed capital fund into which lease revenue would be deposited.

DHHS staff told House Finance Division III that the state transferred operations of Hampstead Hospital to Dartmouth-Hitchcock Medical Center under a set of contracts approved by the governor and executive council in December 2024.

Department counsel and staff said the state purchased the hospital in June 2022 and initially used a sole-source operator. In late 2023 and 2024 the department negotiated a lease, a joint operating-committee agreement, and a transition-services agreement with Dartmouth-Hitchcock. The lease and transition agreements took effect on…

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