Bristol (Conn.) Hospital has officially launched a campaign against Connecticut Gov. Dannel Malloy's (D) proposed budget cuts, warning that they could lead to the hospital filing for bankruptcy.
According to the hospital, Gov. Malloy's proposed budget would cut roughly $5.1 million each year from Bristol Hospital's Medicaid reimbursements, leaving no hope for a positive operating budget. Also, with additional cuts from the federal government, Bristol Hospital projects a $10 million loss annually, the hospital said via a pop-up on its website. At that rate, the hospital contends, it will be bankrupt within the next three to five years.
So the hospital is asking for community support to ensure it will be around for years to come.
On its website, it asks people in the community to participate in the next stage of its letter writing campaign to Connecticut legislators.
The campaign comes more than one month after Dallas-based Tenet Healthcare and Gov. Malloy announced the negotiations over Tenet purchasing five nonprofit hospitals in the state, including Bristol Hospital, were over.
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