Exeter Health Resources, Beth Israel Lahey Health and NH Attorney General’s Office Agree to Terms Allowing Exeter to Join BILH
Transaction Will Improve Access To World Class, Local Care for Residents of Southern New Hampshire
Exeter, NH and Cambridge, MA – Exeter Health Resources, Inc., (Exeter), which includes Exeter Hospital, Core Physicians, and Rockingham Visiting Nurse Association & Hospice, and Beth Israel Lahey Health (BILH) have reached agreement with the New Hampshire Attorney General’s Office on a set of conditions allowing Exeter to join BILH. BILH is an integrated system of academic medical centers, community hospitals, ambulatory centers, and primary care practices, dedicated to delivering coordinated care in the community. Together, Exeter and BILH will enhance and expand local access to high-quality care in New Hampshire.
After extensive review and public engagement, both the Charitable Trust Unit and the Consumer Protection and Antitrust Unit of the New Hampshire Attorney General’s Office have allowed the transaction to proceed with conditions that both Exeter and BILH have accepted. The agreement now moves to the New Hampshire courts for final approval, and the organizations anticipate finalizing the transaction later this summer.
This action represents the latest milestone in advancing both organizations’ commitment to maintaining and growing healthcare services across the Seacoast Region. By joining BILH, Exeter will secure local access to expanded not-for-profit healthcare services for generations to come and create more sustainable choices for healthcare consumers and purchasers. BILH and Exeter signed a definitive agreement on June 28, 2022, which followed separate approval by the Boards of each organization. Since that time, Exeter and BILH have been engaged in state and federal regulatory reviews.
BILH is committed to keeping communities healthy through a comprehensive system of community-based services, local hospitals and nationally recognized teaching hospitals, supported by world-class research and education. With this transaction, BILH will extend its integrated care model and expertise to Southern New Hampshire.
“Exeter has been an integral part of the New Hampshire community for more than 125 years, and together we can build on that legacy of service and excellence for many years to come,” said Kevin Tabb, MD, president and CEO of Beth Israel Lahey Health. “Exeter and Beth Israel Lahey Health share a commitment to deliver extraordinary care and improve the health of the communities we serve. We are pleased that the New Hampshire Attorney General’s Office has agreed to terms that will allow this affiliation to move forward and we look forward to Exeter officially joining Beth Israel Lahey Health soon.”
“We are pleased to have worked with the state to advance our proposal to join Beth Israel Lahey Health,” said Kevin Callahan, president and CEO of Exeter Health Resources, Inc. “This marks a significant milestone in securing the sustainability of our healthcare system and its ability to continue to thrive and meet the evolving healthcare needs here in the Seacoast Region. As not-for-profit organizations, both BILH and Exeter are focused on creating healthier communities, advancing clinical excellence and quality, and fostering innovation at the local level. Together, Exeter and BILH look forward to providing, investing in and strengthening local community-based care for New Hampshire residents for the next 125 years.”
About Beth Israel Lahey Health
Beth Israel Lahey Health is a health care system that brings together academic medical centers and teaching hospitals, community and specialty hospitals, more than 4,800 physicians and 38,000 employees in a shared mission to expand access to great care and advance the science and practice of medicine through groundbreaking research and education.