The state Office of Health Strategy has approved Hartford HealthCare’s emergency bid to acquire Manchester Memorial Hospital, its Rockville campus and related assets, imposing a series of conditions intended to preserve services, ensure local input and limit cost growth. The decision comes 40 days after OHS deemed the application complete and marks the first completed transaction under the state’s new emergency Certificate of Need process, created earlier this year in response to Prospect Medical Holdings’ bankruptcy.
Read the full article: Hartford HealthCare Wins Approval to Acquire Manchester, Rockville Hospitals Under State Conditions //
Source: https://hartfordbusiness.com/article/hartford-healthcare-wins-approval-to-acquire-manchester-rockville-hospitals-under-state-conditions/