Vincent Capece Jr. has served as president and CEO of Middlesex Health and its 275-bed Middlesex Hospital since 2010.
He leads one of Connecticut’s few remaining independent health systems, which provides cancer care, emergency, surgical, urgent and primary care services, and is a member of the Mayo Clinic Care Network.
Capece has continued to press state leaders on the financial challenges facing hospitals in the wake of the pandemic. In testimony to the General Assembly’s Public Health Committee in March, he said the industry is still grappling with higher labor expenses, rising costs for drugs, electricity and other supplies, and an increase in patients with more complex health needs.
He argued that proposed legislation to expand state oversight of hospital transactions would add new layers of regulation without offering financial relief or solutions to workforce shortages. Capece said those factors have created “staggering” pressures for providers, particularly independent systems such as Middlesex that do not have the scale of larger hospital networks.
In fiscal 2024, Middlesex Heath reported $556.4 million in operating revenue and an operating surplus of $2.2 million, according to audited financial statements.
Beyond the advocacy efforts, Middlesex Health earlier this year partnered with Boston-based Clearway Health to open an outpatient specialty pharmacy in an effort to improve access to specialty medications for community patients.
A certified public accountant, Capece earned a bachelor’s degree in accounting and an MBA from UConn. He began his career at Arthur Andersen as an audit manager before serving as director of accounting at Bridgeport Hospital.
He joined Middlesex Hospital in 1998 and held roles including chief financial officer, chief operating officer and senior vice president before becoming president and CEO.