Feedback Form
Join, Follow & Connect
Join Modern Healthcare's LinkedIn group Follow Modern Healthcare on Twitter Join Modern Healthcare's Facebook group Follow Modern Healthcare's Pinterest board Modern Healthcare's Flickr page Modern Healthcare's YouTube Channel Get a Modern Healthcare news feed
 
Comment Buy Reprints Print Article Share on LinkedIn Share on Facebook Share on Twitter Email this page to a colleague
Healthcare Business News
 

Hartford, Backus move forward with deal


By Melanie Evans
Posted: May 25, 2012 - 3:00 pm ET
Tags:

Hartford (Conn.) HealthCare signed a memorandum of understanding to acquire Backus Corp., a Norwich, Conn., health system.

A definitive agreement for the deal is expected in July, the organizations announced (PDF).

Advertisement | View Media Kit

 

Hartford and Backus, which includes the 184-bed William W. Backus Hospital, announced a letter of intent in February and have since performed due diligence, a news release said. Under the deal, the Backus Hospital would join Hartford HealthCare's five-hospital network. Hartford HealthCare includes the 601-bed Hartford Hospital, 263-bed Hospital of Central Connecticut, 130-bed MidState Medical Center, 57-bed Natchaug Hospital and 79-bed Windham Hospital.

“After serious review, our board has concluded that the integration of Backus and Hartford HealthCare would provide the necessary benefits for the individuals and communities we serve,” David Whitehead, Backus president and CEO, said in the release. State and federal regulators must approve any deal.


What do you think?

Share your opinion. Send a letter to the Editor or Post a comment below.

Post a comment

Loading Comments Loading comments...

Search ModernHealthcare.com:



Daily Dose MH Alert MH AM HITS Modern Physician Most Requested

LinkedIn Twitter Facebook Flickr News Feeds Google Plus Page - Publisher

 

Switch to the new Modern Healthcare Daily News app

For the best experience of ModernHealthcare.com on your iPad, switch to the new Modern Healthcare app — it's optimized for your device but there is no need to download.