Hartford Business Journal

4 HARTFORDBUSINESS.COM | FEBRUARY 24, 2025 BIZ BRIE FS A SMALL BUSINESS GIVEAWAY 2025 One Connecticut small business will win a full page ad in the Small Business Issue of HBJ on May 5 and 12 months of free Cash Management Services from TSB. The winner will be notified around March 31st. NOMINATIONS OPEN JANUARY 13 - MARCH 14 SCAN HERE TO NOMINATE PRESENTED BY Trinity Health Of NE names new regional president of 3 hospitals, including St. Mary's in Waterbury Trinity Health Of New England has named Dr. Robert Roose to lead three of the healthcare system's acute-care hospitals. The move is part of an effort to regionalize its leadership, the health system said. Roose is currently president of Mercy Medical Center in Springfield, Mass., and Johnson Memorial Hospital in Stafford Springs. He will maintain those roles and take on the additional responsi- bility of running St. Mary's Hospital in Waterbury. Roose has worked for Trinity Health since 2013, previously serving as chief medical officer and vice president of behavioral health at Mercy Medical Center. The appointment follows news, reported first by the Hartford Busi- ness Journal in January, that the president of St. Mary's Hospital, Kim Kalajainenin, was leaving. Trinity Health's two Hartford-based hospitals, St. Francis and Mount Sinai, will continue to be led by Valerie Powell-Stafford. Troubled Southington manufacturer met with DEEP officials over pollution concerns Recently shuttered manufacturing company Rex Forge in Southington had been cited numerous times for pollution incidents in recent years, according to the state Department of Energy and Environmental Protection. Officials from DEEP's remedia- tion division attended a site visit at the Atwater Street forging factory earlier this year to discuss clean-up measures required when a property is about to be sold. The manufacturer, which has been a fixture in Southington for almost 160 years, informed the state Department of Labor on Feb. 3 that it intended to close its doors with the loss of 103 jobs. The closure follows the loss of its sole customer, Ohio-based Dana Corp. DEEP records show the company has had at least 12 spill incidents going back to 1996. The most recent reported incident was in May 2024. Anthem, Stamford Health agree on new multiyear contract Patients covered by Anthem Blue Cross and Blue Shield in Connecticut will remain in-network after the health insurer this month announced a new multiyear agreement with Stamford Health, the nonprofit health system that owns Stamford Hospital. Terms of the new agreement were not disclosed. The new network participation contract maintains uninterrupted access to care at Stamford Hospital and all other Stamford Health facili- ties and physician practices in lower Fairfield County for Anthem members, the organizations said. The new agreement replaces a previous three-year deal that expired at midnight on Dec. 30. Under a state-mandated cooling-off period, Anthem members retained their in-network coverage through a 60-day extension that was scheduled to expire on March 1. Stamford Health officials previously said they had been negotiating with Anthem on a new contract for nearly a year. Stamford Health said it was seeking a new contract that would reimburse it "at a fair market rate." On its website, Anthem had said Stamford Health's previous contract provided prices that were "30% higher" than those for other health systems. Private equity firm to acquire CT-based solar power company in $2.2B deal Stamford-based Altus Power Inc., which is the largest owner of commercial-scale solar in the United States, has agreed to be acquired by private equity firm TPG. Altus, a publicly traded company that had 93 employees at the end of 2023, said the deal will help scale its operations to meet the "surging demand for increased power generation." TPG, based in San Francisco, has more than $220 billion in assets under management. Dr. Robert Roose The Rex Forge plant on Atwater Street in Southington. PHOTO | COSTAR

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