March 14, 2023
Dear Covenant Health Family:
As you may have seen in the news, last week, we sent a letter to Day Kimball Healthcare notifying them of our decision to end our affiliation agreement. We have also notified the State of Connecticut of our decision.
This action comes following nearly two years of negotiation and active participation in the regulatory process and is based on new information that came to light as part of our on-going due diligence as we prepared for public hearings. As we assessed this new data, it became clear that the affiliation was no longer financially viable.
While this was a difficult decision, it is fiscally responsible and reflects our commitment to be good stewards of our organization’s resources. Certainly, this is not the ending we hoped for, but we are confident that this is in the best interest of our healthcare system.