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Opinion: If CT hospitals would stay tax-exempt, why support their sale?

By New Britain Herald  
   December 07, 2015

Community support for the acquisition of Waterbury Hospital and Eastern Connecticut Health Network's Manchester Memorial and Rockville General hospitals, all nonprofit hospitals, by Prospect Medical Holdings, a for-profit company, has been based largely on the expectation that the new owner would start paying millions of dollars in municipal property taxes each year. Because of their nonprofit structure the hospitals now are tax-exempt. But as the Journal Inquirer's Don Michak reported the other day, Prospect's applications with state government show that it wants the property tax exemption of the hospitals to continue indefinitely while it tries to repair their finances.

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