Yale New Haven Health has signed an agreement to acquire Connecticut Health Systems from Prospect Medical Holdings
Retrieved on:
Thursday, October 6, 2022
Physician, Vermont State Hospital, Yale New Haven Health System, Health status of Asian Americans, Hospital, Ross–Loos Medical Group, Bed, Public health, Certificate of need, Pension, Patient, Bridgeport Hospital, Investment, Yale school, Public, Department, Health, Massachusetts Department of Public Health, Manchester Memorial Hospital, CEO, Yale School of Medicine, GLOBE, CON, AKA, Medical imaging, Medicine
New Haven, CT, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Yale New Haven Health (YNHHS) and Prospect Medical Holdings, Inc. (Prospect) today announced the execution of definitive agreements for YNHHS to acquire two Connecticut health systems from Prospect.
Key Points:
- New Haven, CT, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Yale New Haven Health (YNHHS) and Prospect Medical Holdings, Inc. (Prospect) today announced the execution of definitive agreements for YNHHS to acquire two Connecticut health systems from Prospect.
- 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.
- 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.
- As part of Yale New Haven Health, Waterbury HEALTH and ECHN will be able to enhance delivery of care across a wide spectrum of primary and specialty services.