More than a half-dozen independent Connecticut hospitals say they are forming an alliance that will allow them to share costs and improve care quality.
Members of the “Value Care Alliance” include Derby’s Griffin Hospital, Lawrence + Memorial Hospital in New London, Middlesex Hospital, Bridgeport’s St. Vincent’s Medical Center, and Western Connecticut Health Network, which is comprised of Danbury and New Milford hospitals.
VCA members, which include hospitals and physicians, say the goal of the alliance is to preserve not-for-profit healthcare in their respective communities, while also helping smaller, independent care facilities find ways to cut costs and improve their care quality. The organization will be governed by a single board and executive leadership team with a majority of board seats being held by physicians from each hospital.
Each hospital, however, will maintain their independence and local governance control. They will also share best practices, pursue efficiencies, and develop and share data and analytical capabilities.
The Hartford Business Journal first reported on efforts to create the alliance earlier this year.
