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Elliot Health System, Southern New Hampshire Health sign letter of intent to combine operations

Manchester, N.H.-based Elliot Health System and Nashua-based Southern New Hampshire Health signed a letter of intent Tuesday to explore a potential partnership.

Under the letter of intent, the health systems will exclusively negotiate the formation of a nonprofit organization to govern the combined entity. Each health system will also retain their individual brand and governance structure.

Officials said the next step is to construct a definitive agreement, subject to approval by the health systems' respective boards of trustees and state regulatory officials.

The organizations also created a website which officials will continue to update with information on the proposed transaction.

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