Waterbury Hospital has plans to be acquired by a private Los Angeles-based health care company, the latest move in the hospital’s quest for long-term stability.
Tenet Healthcare
Posted inHealth
Legislators grappling with fast-changing health care landscape
The health care landscape is changing, and legislators are trying to figure out how to respond to an industry that is at once a top employer in many communities and a big driver of health care costs that are straining state, local and business budgets. Hospital officials say some of the proposals so far would take the state backwards.
Posted inHealth
Tenet, Malloy give up talks on reviving hospital acquisitions
Tenet Healthcare and Gov. Dannel P. Malloy announced Wednesday that they are ending discussions about the Texas company’s acquiring Connecticut hospitals.
Posted inHealth, Politics
Tenet ends bid to acquire five Connecticut hospitals
Tenet Healthcare Corporation notified state regulators Thursday it was withdrawing its applications to buy five hospitals in Connecticut, ending a two-year effort by a major for-profit hospital chain to enter the volatile Connecticut market.
Posted inHealth, Politics
Waterbury says regulators endanger hospital deals
Waterbury’s mayor and the state’s hospital industry say that Connecticut regulators are jeopardizing plans by a national for-profit hospital chain to buy the city’s two struggling hospitals and others in Bristol, Manchester and Vernon.
Posted inHealth
Tenet plans to acquire St. Mary’s Hospital in Waterbury
St. Mary’s Hospital in Waterbury announced plans Tuesday to be acquired by Dallas-based Tenet Healthcare Corporation, a national for-profit hospital chain that’s already in the process of purchasing hospitals in Bristol, Vernon, Manchester and Waterbury.
Posted inHealth, Politics
For-profit hospital deal gets done. Then, doubts behind the scenes
In crafting a last-minute compromise clearing the way for four Connecticut hospitals to be acquired by a for-profit company, lawmakers accomplished something many doubted would be possible. But for some legislators key to the deal, any sense of celebration was short-lived because of questions about whether a major player was backing out.
Posted inHealth, Politics
The Basics: The last-minute for-profit hospital bill
It came down to the final hours, but legislators tackled one of the most complex, controversial issues of the session by passing a measure that makes it easier for nonprofit hospitals to convert to for-profits and adds state oversight to hospital sales and transactions involving physician practices. Here are the basics.
Posted inPolitics
How different are for-profit and nonprofit hospitals?
One of the major issues legislators are trying to tackle this session is the ability of nonprofit hospitals to convert to for-profits. It’s a complex and highly charged issue. Here’s what you need to know.
Posted inHealth
Key CT legislator wary of proposed for-profit hospital moratorium
House Speaker J. Brendan Sharkey Wednesday expressed reservations about a controversial proposal that would impose a moratorium on nonprofit hospitals becoming for-profit.
Posted inHealth
CT lawmakers, wary of changing health care landscape, consider restrictions on for-profit hospitals
The proposals restricting hospitals’ ability to become for-profit are unlikely to become law exactly as written. But they set the stage for what’s likely to be an intense debate about hospitals, fueled by the discomfort among many lawmakers about the way the health care system is changing.