The bankruptcy throws into question sale of hospitals to Yale New Haven Health. Prospect also owes $67 million in state taxes.
Waterbury Hospital
Posted inHealth
YNHH sale ‘paramount’ to CT Prospect hospitals’ survival, CEO says
Deborah Weymouth, CEO of Eastern Connecticut Health Network, sent a letter to Gov. Ned Lamont saying ‘time is of the essence’ in the sale.
Posted inHealth
Over 100K CT residents’ data stolen in Prospect hospitals breach
The six-week cyberattack on three CT hospitals owned by Prospect Medical Holdings caused a breach of patient information and lab results.
Posted inHealth
Medical staff, CT legislators rally for Prospect hospitals’ sale to Yale New Haven Health
Nurses, physicians and legislators are frustrated at how long it’s taken to approve the sale of three CT hospitals to Yale New Haven Health.
Posted inInvestigations
Inside the cyberattack at Prospect Medical Holdings’ CT hospitals
The August attack was far more debilitating than hospital officials publicly acknowledged. Now, it threatens a sale of the hospitals to Yale.
Posted inHealth
Yale cites ‘mounting concerns’ about Prospect hospital deal
Yale New Haven Health officials said the deal to buy three Prospect Medical hospitals in CT is “more at risk” as time passes.
Posted inHealth
Yale New Haven Health officials describe COVID-19 impact, other hospitals less forthcoming
More than half the beds at Greenwich Hospital are filled with COVID-19 patients. The picture is less clear elsewhere.
Posted inHealth
Waterbury Hospital has new plans to be purchased, turn for-profit
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.
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 inMoney, Politics
Fiscal issues in forefront as Malloy, legislators start new terms
Gov. Dannel P. Malloy is to focus on how to modernize the state’s aging web of highways, bridges and railroads in a State of the State Address as he begins his second term today, but he and the General Assembly will be facing significant fiscal challenges in 2015. An overview of the key issues confronting the 2015 legislative session.
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, 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 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, Politics
Democrats want more oversight on hospital ownership changes
The future of Bristol Hospital is as part of a large network, CEO Kurt Barwis believes. But that vision of the hospital’s future relies in part on the legislature: With the strong encouragement of organized labor, legislators will make expanding the regulatory oversight needed for changes in hospital ownership a top priority this year.