“Waterbury Hospital is deeply committed to caring for our communities and adapting to the rapidly evolving healthcare landscape," said Dr. “We are proud of our accomplishments and appreciative of the significant investments made by Prospect to preserve jobs and respond to the needs of the community throughout the pandemic while increasing both quality ratings and improvements to the patient experience.” “We are excited about the opportunity to join YNHHS,” said Deborah Weymouth, president and CEO of ECHN. “This transaction offers unique advantages to the residents of the communities served and allow for continued patient access to critical healthcare services while being strengthened by the quality-of-care YNHHS is known for nationally.” “Now more than ever, it’s critical for us to find ways to creatively sustain local access to high-quality care,” Christopher O’Connor, president and CEO of YNHHS. The related real estate assets of the hospitals are to be released from the existing master lease agreement between the real estate owner and Prospect at closing. Visiting Nurse and Health Services of CTĮCHN and Waterbury HEALTH, with approximately 4,400 employees, would return to not-for-profit status, providing continued access to care at their campuses and outpatient care locations.Prospect Provider Group of Connecticut (Alliance Medical Group and ECHN Medical Group).
Rockville General Hospital in Vernon, CT, with 102 certified beds.Manchester Memorial Hospital (AKA ECHN) in Manchester, CT, with 249 certified beds.Waterbury Hospital (AKA Waterbury HEALTH) in Waterbury, CT, with 357 certified beds.YNHHS has agreed to purchase the assets and operations associated with the following hospitals that make up the health systems: The agreement also includes the health systems’ related businesses, real estate assets, physician clinic operations and outpatient services, and it is subject to customary regulatory approvals. (Prospect) today announced the execution of definitive agreements for YNHHS to acquire two Connecticut health systems from Prospect. 06, 2022 (GLOBE NEWSWIRE) - Yale New Haven Health (YNHHS) and Prospect Medical Holdings, Inc.
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