Connecticut Office Of Health Strategy Approves Hartford HealthCare Subsidiary’s Acquisition Of Manchester Memorial Hospital

The Connecticut Office of Health Strategy (OHS) approved Hartford HealthCare’s Emergency Certificate of Need (CON) application for the transfer of Manchester Memorial Hospital, including the Rockville campus and other assets. The hospital had been owned by Prospect Medical Holdings, which had declared bankruptcy. Financial terms were not disclosed in this announcement. The CON application stated that the purchase price was $86.1 million.

The decision imposes conditions on the transfer of ownership designed to address potential areas of concern OHS identified. Among other things, these conditions require the Hartford HealthCare subsidiary purchasing the hospital to:

Provide an initial assessment . . .