Connecticut Children's Medical Center

Fitch downgrades CT Children’s credit rating following $18M operating loss

Fitch Ratings said Wednesday it has downgraded Hartford-based Connecticut Children's Medical Center’s credit rating, citing continued operating losses, liquidity pressures and a challenging payer mix.

🔒Sullivan to lead CT Children’s through its next growth phase

Shannon Sullivan takes over the Connecticut Children's Medical Center after it opened a $326 million clinical tower and secured a $50 million donation, but faces an operating deficit and Medicaid reimbursement challenges that leave it with 61 cents on the dollar.

🔒CT Children’s names former Bank of America exec to chair foundation

Connecticut Children’s Medical Center has named longtime banker and community advocate James Fanelli as chair of the Connecticut Children’s Foundation Board of Directors.

🔒Shmerling set to retire after decade reshaping Connecticut Children’s

Connecticut Children’s CEO James Shmerling is retiring after 10 years, during which the hospital secured a $50 million donation from philanthropist Tom Golisano and completed a new patient tower.

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CT Children’s joins national hospital alliance, gains $50M donation

Connecticut Children’s Medical Center in Hartford has joined a national alliance of children’s hospitals, which will include altering its name while receiving a $50 million donation.

🔒CT Children’s names its next CEO

Connecticut Children’s Medical Center in Hartford has named Shannon Sullivan as its next president and chief executive officer, the hospital’s Board of Directors announced Tuesday.

🔒CT Children’s seeking state OK to close Waterbury unit, move it to Hartford

Connecticut Children’s Medical Center has asked state regulators to determine whether it needs state approval to close its 12-bed unit in Waterbury and relocate it to its campus in Hartford.