Hartford HealthCare offers $86M for 2 Prospect Medical CT hospitals

CT Mirror – Friday, September 19, 2025
By Katy Golvala

Hartford HealthCare, one of the two largest health systems in Connecticut, has offered $86.1 million to purchase Manchester Memorial and Rockville General Hospitals from Prospect Medical Holdings, the California-based operator that filed for bankruptcy protection in January.

ECHN Holdings Inc., a wholly owned subsidiary of Hartford HealthCare, will serve as the “stalking horse bidder” for the two hospitals in the court-supervised sale auction, according to court documents. The “stalking horse” serves as the first bidder in a bankruptcy auction whose offer serves as the minimum bid.

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