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Lamont promises patient safety as hospital operator files for bankruptcy NBC Connecticut [Video]

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Venture Capital

Gov. Ned Lamont and other state officials sought to reassure patients Monday after the owner of three local hospitals filed for bankruptcy.

“Some people think bankruptcy means the lights go out and the party’s over,” Lamont said. “That’s not true at all.”

California-based Prospect Medical Holdings filed Chapter 11 bankruptcy over the weekend.

The struggling private equity firm owns Waterbury, Manchester Memorial and Rockville General hospitals.

The company said the restructuring will help with the sale of other hospital properties, including in Pennsylvania and Rhode Island.

“Divesting our operations outside of California will ensure that they receive necessary financial support so that the communities that rely on those facilities will maintain continued access to highly coordinated, personalized, and critical healthcare services long into the future,” Prospect Holdings CEO Von Crockett said in a statement.

The filing raised questions about a proposed purchase by Yale-New Haven Health, though.

Yale-New Haven agreed …

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