Hartford Business Journal

March 9, 2015

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4 Hartford Business Journal•March9,2015 www.HartfordBusiness.com w w w. H a r t f o r d B u s i n e s s . c o m (860) 236-9998 E D i T O r i a l Greg Bordonaro Editor, ext. 139 gbordonaro@HartfordBusiness.com Brad Kane Managing Editor, ext. 127 bkane@HartfordBusiness.com Gregory Seay News Editor, ext. 144 gseay@HartfordBusiness.com Matt Pilon Digital Producer/Reporter, ext. 143 mpilon@HartfordBusiness.com Roger Magnus Research Director Heide Martin Research Assistant B U S i N E S S Joe Zwiebel President and Publisher, ext. 132 jzwiebel@HartfordBusiness.com Donna Collins Associate Publisher, ext. 121 dcollins@HartfordBusiness.com Jessica Baker Office Manager, ext. 122 jbaker@HartfordBusiness.com Catherine Gruszka Operations Manager, ext. 137 cgruszka@HartfordBusiness.com Amy Orsini Events Manager, ext. 134 aorsini@HartfordBusiness.com David Hartley Sr. Accounts Manager, ext. 130 dhartley@HartfordBusiness.com William C. 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Box 330, Congers, NY 10920-9894 www.copyright.com St. Francis headwinds over the last decade, filing for bankruptcy protection twice and running consistent operating deficits. Its latest Chapter 11 bankrupt- cy, filed in January, is still work- ing its way through the courts as the hospital tries to reorganize its debts before being bought out. Despite those financial issues, Johnson Memorial's northeast Connecticut location remains attractive, Dadlez said, because it will allow St. Francis to expand its geographic footprint beyond Hart- ford County, offering patients in Stafford Springs and nearby towns easier access to its services. The two hospitals formed an affiliation in 2012, but an outright purchase will allow St. Francis to wring out more cost savings and put Johnson Memorial on a more sustainable fiscal footing, Dadlez said. "If you are going to do population health management you need facilities in a larger geographic area to take care of patients," Dadlez said. Meantime, Yale New Haven Health System, which has been trying to gain a foothold in the Hartford market, is partnering with St. Francis Hospital on can- cer care. The two are working on a deal that would allow Yale-New Haven's Smilow Cancer Hospital to essentially open a new loca- tion within St. Francis' Woodland Street campus, intensifying com- petition with cross-town rival Hartford Healthcare, which recently inked a deal with New York's Memorial Sloan Ketter- ing to expand its own oncology services. St. Francis' partnership will allow Yale to bring its clinical trials and disease manage- ment programs to Hartford, where it is already getting some of its patients, said Abe Lopman, Yale's senior vice president of operations and executive director of Smilow Cancer Hospital. While the terms of the agreement are still being worked out, Yale would manage and oversee St. Francis' oncology services, but doctors would remain employed by St. Fran- cis. St. Francis' doctors, many of which teach at UConn Health Center, would also gain appointments at the Yale School Medicine. Lopman said partnering with St. Francis will allow Yale to expand its research efforts and clinical trials on a larger patient base, helping it achieve its long-term goal of cur- ing the deadly disease. "This seemed like a natural relationship for us," Lopman said. "We believe every cancer patient should be eligible for clinical trials." n abe lopman, senior vice president of operations, Yale and executive director, Smilow Cancer Hospital It's a Great Day For Solar Affordable technology. Tax Credits. Rebates. The time to switch to solar is now, and the company more businesses trust is Green Earth Energy, Connecticut's leading commercial solar specialists. From design and permitting, through installation and maintenance, Green Earth Energy offers the planning and protection you can count on. 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