Opinion: When will Connecticut step up to private equity?

CT Mirror – Wednesday, February 25, 2026
By Aashka Shah MD

Aashka Shah MD lives in Branford.

Last year, Prospect Medical, the owner of three hospitals in our state—Waterbury, Rockville General, and Manchester Memorial — declared bankruptcy. This followed reports of unsafe patient conditions due to budget cuts, including patients left behind on the operating table, ceilings falling dangerously close to patient’s bodies, and employees buying patient’s food out of their own pockets after vendors went unpaid.

Eventually entire services were axed, including the emergency department and outpatient mental health care at Rockville General. Despite the bankruptcy of several hospitals across the U.S., the CEO of Prospect Medical made out with roughly $128 million in payouts.

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