CT Approves Prospect Medical-YNHH Deal, Paving the Way for Sale

After 16 months of negotiations, the state’s Office of Health Strategy on Wednesday approved an application for a Certificate of Need from Yale New Haven Health, paving the way for it to potentially purchase three troubled hospitals owned by Prospect Medical Holdings. But the long-awaited approval is only the first step. The two hospital chains must now finalize a private deal that was first agreed upon nearly two years ago but is now in danger of falling apart.

Read the full article: CT Approves Prospect Medical-YNHH Deal, Paving the Way for Sale //

Source: https://ctmirror.org/2024/03/27/ct-prospect-medical-hospitals-sale-con/

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