Hospital Mergers, Acquisitions and Compliance

 

 


Nonprofit to For-profit Hospital Conversion:

Pursuant to Conn. Gen. Stat. § 19a-486, a nonprofit hospital must first receive approval from both the Attorney General and the DPH Commissioner before either: 

  • Transferring a material amount of its assets or operations to a for-profit entity or
  • Changing control of operations to a for-profit entity
 

Current Proposals filed with HSP:

   None at this time
 
 

Nonprofit Hospitals being Acquired but Remaining a Nonprofit Hospital:

Pursuant to Conn. Gen. Stat. § 19a-638, a nonprofit hospital being acquired by another entity but remaining a nonprofit hospital after the acquisition must first receive approval through the Certificate of need process.

Current Proposals filed with HSP:

Docket Number 15-32045-CON (Complete file)
Applicants  Saint Mary's Health System, Inc. and Trinity
Proposal  Transfer of Ownership and Control of Saint Mary's Health Systems, Inc. to Trinity Health - New England, Inc. formerly known as Saint Francis Care, Inc.
Expenditure  $0
Location  Waterbury
Final Action  Approved through Agreed Settlement on 7/27/16
Compliance
(After final action)

 Compliance material located here

Docket Number

15_32033_CON(Complete file)
Applicants

Yale New Haven Health Services Corporation,
L+M Corporation

Proposal Affiliation of Lawrence + Memorial Corporation with Yale New Haven Health Services Corporation.
Expenditure $0
Location New London
Final Action Approved through Agreed Settlement on 9/8/15
Compliance
(After final action)

 Compliance material located here

Docket Number

15-32017-486
Applicants Prospect Medical Holdings, Inc. (“PMH”) and Greater Waterbury Health Network, Inc. (“GWHN)  (includes Waterbury Hospital)
Proposal PMH to acquire Waterbury Hospital as part of acquisition of GWHN.
Expenditure $0
Location Waterbury
Final Action Approved through Final Decision on 7/15/16
Compliance
(After final action)
Compliance material located here
Docket Number 15-32016-486
Applicants Prospect Medical Holdings, Inc. (“PMH”) and Eastern Connecticut Health Network, Inc. (“ECHN”)  (includes 2 hospital, Manchester Memorial Hospital (“MMH”) and Rockville General Hospital “RGH”)
Proposal PMH to acquire both MMH and RGH as part of acquisition of ECHN.
Expenditure $0
Location Manchester and Vernon
Final Action Approved through Final Decision on June 10, 2016
Compliance
(After final action)
Compliance material located here
Docket Number 15-32002-CON
Applicants Saint Francis Care, Inc. and Johnson Memorial Hospital, Inc.
Proposal Saint Francis Care's Acquisition of the Assets of Johnson Memorial Hospital Inc. and Certain Affiliates.
Expenditure
Location
Final Action Approved through Agreed Settlement on 11/24/15
Compliance
(After final action)
Compliance material located here
Docket Number 15-31979-CON
Applicants Saint Francis Care, Inc. 
Trinity Health Corporation
Proposal Creation of a new Regional Health System to include Saint Francis Care, Inc. and all its controlled subsidiaries operating as part of the Trinity Health system
Expenditure $0
Location Hartford
Initial Filing February 13, 2015
Final Action Approved through Agreed Settlement on 8/31/15
Compliance
(After final action)
Compliance material located here
Docket Number 16-32132-CON
Applicants Essent Healthcare of Connecticut d/b/a Sharon Hospital
Proposal Transfer of Ownership of Sharon Hospital to Vassar Health Connecticut
Expenditure $5,000,000
Location Sharon
Initial Filing November 3, 2016
Deemed Complete March 2, 2017
Docket Number 16-32133-CON
Applicants

Regional Healthcare Associates, LLC
Tri State Women's Services, LLC
Vassar Health Connecticut, Inc.

Proposal Transfer of Ownership of Regional Healthcare Associates & Tri State Women's Services
Expenditure $5,000,000
Location Sharon
Initial Filing November 3, 2016
Deemed Complete March 2, 2017
Docket Number 16-32135-CON
Applicants

Hartford HealthCare Corporation
The Charlotte Hungerford Hospital

Proposal Affiliation of The Charlotte Hungerford Hospital with Hartford HealthCare Corporation
Expenditure $73,000,000
Location Torrington
Initial Filing November 28, 2016
Deemed Complete March 8, 2017