Yale-New Haven acquiring Hospital of St. Raphael

Norwich Bulletin / Associated Press, September 11, 2012
Yale-New Haven Hospital is acquiring the Hospital of Saint Raphael, making it one of the largest hospitals in the country. Yale-New Haven will add 511 beds for a total of 1,519 beds and more than 12,000 employees. The hospitals tried to minimize job losses by keeping vacant positions open, but about 200 positions will be eliminated, officials said. The $160 million deal, which has received regulatory approval, will provide Yale-New Haven with the additional capacity it needs to meet current patient demand while providing financial stability at the Hospital of Saint Raphael campus, officials said.

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