Dive Brief:
- On Thursday, Hartford HealthCare and Day Kimball Healthcare in Connecticut announced that they are in talks to affiliate.
- If the deal goes through, this will be the latest in a recent flurry of affiliations and mergers in the state.
- Hospital oficials say the affiliation would help them to reduce costs and increase hospital services.
Dive Insight:
Before the official agreement even goes into effect, HHC is planning to provide DKH with management support in an effort to decrease costs. "At this point, we're still talking through what that might entail," DKH President and CEO Robert Smanik told the Hartford Courant. "If we can participate in the Hartford HealthCare purchasing system, they as a larger group have lower purchasing costs."
The partnership will also allow both parties to add new services. "An affiliation with HHC would provide DKH clinicians and patients with access to HHC's key system-wide health care service lines," Smanik said in a written statement. "Conversely, DKH, with our unique background in rural health, will work with HHC as it continues to focus on population health improvement."