Business New Haven December 2014

Page 1

DECEMBER 2014

www.ConnTact.com

$1.50 HEALTHCARE

T

he collapse of a major hospital merger bid has health executives worried and highlighted the role of the state regulators who are being blamed for scuttling the deal. Tenet Heathcare Corp., a Texas-based, forprofit hospital chain, withdrew its bid on December 11 to buy Waterbury Hospital, Saint Mary’s Hospital in Waterbury, Bristol Hospital and the Eastern Connecticut Health Network, consisting of Vernon’s Rockville General Hospital and Manchester Memorial Hospital. In a written statement, Tenet blamed

Connecticut’s “regulatory oversight,” specifi Continued on page 10

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Texas firm withdraws bit to buy four hospitals, blames regulators

20 Grand Avenue New Haven, CT 06513

New Statehouse Leadership: Region’s Legislators At Top

Hospital Merger Bid Fails


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