In December, Tenet Healthcare decided to withdraw its applications to acquire several financially struggling community hospitals in Connecticut as part of an innovative clinical partnership with Yale New Haven Health System. This was a very big deal and, unfortunately, it's undoing sent an extremely negative, anti-business message to a national audience. Tenet had spent more than two years working with state leaders and local hospitals to develop a framework to acquire hospitals in Waterbury, Bristol, Manchester and Rockville. Tenet intended to infuse critically needed capital into these hospitals and preserve and enhance access to high-quality care in the most cost-efficient manner throughout Connecticut.
