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Yale New Haven resumes talks with state on 3-hospital Prospect deal

Yale New Haven (Conn.) Health has resumed negotiations with Connecticut officials about a proposed deal for the system to acquire three hospitals from Prospect Medical Holdings, the Connecticut Mirror reported Oct. 25.

Discussions stalled last week after Yale New Haven and Prospect Medical refused to keep talks private. Both parties have now agreed to sign a confidentiality agreement, a spokesperson for Connecticut's Office of Health Strategy told the Connecticut Mirror.

Yale is seeking $80 million from the state to support recovery efforts at the three Prospect hospitals, which were hit with a ransomware attack in August. The facilities are Waterbury Hospital, Manchester Memorial Hospital and Rockville General Hospital in Vernon. 

Yale is also seeking to renegotiate the previously agreed upon $435 million purchase price for the three hospitals.  

If the state does not approve the deal, the facilities may not remain financially viable, hospital executives told lawmakers in a meeting last month.

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