The owner of three financially struggling Connecticut hospitals, Prospect Medical Holdings, has filed for Chapter 11 bankruptcy in order to expedite the sale of hospitals in Rhode Island. This move raises concerns about the future of hospitals like Waterbury Hospital, Manchester Memorial Hospital, and Rockville General Hospital. State leaders like Senator Saud Anwar and Mayor Paul Pernerewski are closely monitoring the situation and hoping for new ownership to bring stability.
The pending sale of Prospect’s Connecticut-owned hospitals to Yale New Haven Health could be affected by this bankruptcy filing, with Governor Ned Lamont emphasizing the need for quality care in communities. Senator Jeffrey Gordon is working on legislation to prevent private equity firms from being involved in healthcare to avoid similar situations in the future.
Despite the bankruptcy, Prospect reassures the public that its hospitals will remain open and patient care will continue uninterrupted. Local leaders like Vernon Mayor Dan Champagne are committed to working with state officials to ensure that patients continue to receive the care they need. The community is encouraged to stay updated on developments and legislators pledge to monitor the situation closely.
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