Fairfield County hospitals finish fiscal ’17 in the black

All of Fairfield County”™s hospitals finished fiscal year 2017 in the black, according to data from the Office of Health Care Access.

In fact, of Connecticut’s 28 acute-care hospitals, only five posted losses: Bristol, $2.6 million; Charlotte Hungerford, $3.2 million; Rockville General in Vernon, $8.2 million; Manchester Memorial, $4.4 million; and Windham, $1.8 million.

Within Fairfield County, Stamford Hospital led with nearly $36.3 million in revenues, followed by Danbury at nearly $26.5 million; Bridgeport at $25.7 million; Greenwich at $24.6 million; Norwalk at $24.1 million; and Bridgeport-based Saint Vincent”™s at $7 million.

The state”™s top-performing hospital was Yale New Haven, with revenues of about $232.8 million.

On a system-wide basis, Yale New Haven Health Systems ”“ which includes Bridgeport and Greenwich ”“ again led, with revenues of $302.1 million, while Western Connecticut Health Network, which includes Danbury and Norwalk, recorded revenues of $47.6 million.

Stamford Health Inc., which serves patients at Stamford Hospital, Stamford Health Medical Group, and at multiple ambulatory locations, posted a loss of $9.9 million, while Saint Vincent”™s system ”“ which includes Saint Vincent’s Hospital, an inpatient psychiatric facility in Westport, a large multispecialty provider group, and St. Vincent”™s Special Needs Services ”“ lost $2.3 million.

In March, Hartford HealthCare announced it was acquiring Saint Vincent”™s from Ascension. Shortly afterward, WCHN announced plans to combine with Health Quest Systems in Dutchess County in a deal that if approved by authorities, including the U.S. Federal Trade Commission, would create a new seven-hospital, $2.4 billion enterprise.