2013-08-09 – Eastern Connecticut Health Network Signs Initial Merger Deal with Vanguard and Yale New Haven Health Systems
Eastern Connecticut Health Network (ECHN) announced the proposed terms of its innovative partnership with Vanguard Health Systems and Yale New Haven Health System (YNHHS). The Vanguard Health Systems/YNHHS alliance will purchase the assets of ECHN and invest the capital resources necessary to ensure the ongoing local delivery of care.
Vanguard will manage and operate Rockville General and Manchester Memorial Hospitals as well as the other ECHN affiliates. YNHHS will provide ongoing clinical support, quality and service line management.
The strategic relationship between Vanguard Health Systems and YNHHS provides a unique opportunity for ECHN to develop a strong clinical partnership with a leading academic medical center like YNHHS and, along with Vanguard Health Systems, continue to provide high quality care while preserving and expanding local access to care. Under the partnership, YNHHS and all of its delivery networks will remain an independent, not-for-profit health system.