Approved Yale-New Haven, St. Raphael's merger means 200 layoffs

The state has given its blessing to Yale-New Haven Hospital's $160 million acquisition of its cross-town rival.
The state Office of Health Care Access (OHCA) approved Yale-New Haven's purchase of St. Raphael's Hospital on Wednesday, saying the combination will serve the public interest by ensuring St. Raphael's won't go insolvent.
The 500-bed hospital has been facing financial losses for years, and the merger ...