Yale New Haven Health has signed agreements to acquire two health systems from California-based Prospect Medical Holdings, including three hospitals and the health systems’ related businesses, real estate assets, physician clinic operations and outpatient services.
Waterbury HEALTH, the health system that includes the 357-bed Waterbury Hospital, and ECHN, the system that includes Manchester Memorial Hospital, which has 249 beds, will return to non-profit status under the deal.
The purchase also includes Rockville General Hospital in Vernon, which has 102 beds, along with Prospect Provider Group of Connecticut and Visiting Nurse and Health Services of CT.