Nuvance Health Says Planned Affiliation With Northwell Health Critical To Survival

Nuvance Health, the parent company of Danbury Hospital, has warned that it may face bankruptcy if Connecticut does not approve its planned affiliation with Northwell Health, a New York-based hospital system. Nuvance, which has reported losses exceeding $220 million over the last two fiscal years, is seeking regulatory approval to form a $20 billion network with Northwell that would encompass 99,000 employees. A public hearing is scheduled for November 6th.