I think that if it converts to a for profit hospital they will have the ability and desire to expand services. An expansion into more profitable areas of healthcare will be a plus for the city. The hospital seems to have a fair patient survey rating by one rating agency, and if sold will have an incentive to improve customer service.
I do wonder why anyone would want to expand into the healthcare field in Connecticut after the passage of the last State Budget and the subsequent cuts to reimbursements. The unknowns with the stunted and erratic implementation of Obamacare look like a minus in investments in healthcare due to the drastic cuts to Medicare and the likely loss of revenue with the increase of Medicaid patients.
Here's what Republican mayoral candidate Ken Cockayne had to say:
The issue as to whether or not Bristol Hospital will be sold is not up to the Mayor or City Council. It is purely a state issue.
I know from my time on the City Council that Bristol Hospital has had financial problems and this move is designed to help resolve that problem. With re-imbursement cuts from Medicare and Medicaid, and the number of uninsured patients, Bristol hospital is not alone in dealing with this financial crunch.
Bristol residents need to remember that Bristol Hospital is one of our largest employers and their economic vitality is critical to maintain these jobs, and if this sale could lead to more medical services and more jobs in those fields than we need to keep an open mind and look at this issue with objectivity.
The issue I find alarming is that after the members of the General Assembly agreed on bill that was signed off on by the Governor’s office the Governor surprised everyone and vetoed the bill. With the proposed cuts in aid to municipalities, and the Governor and General Assembly unwilling to offer any relief from unfunded mandates these are very difficult times. We need to look at every opportunity to increase revenue for our city and help an employer save jobs and avert layoffs.