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The number of standalone hospitals in Connecticut continues to dwindle, as growing health systems gobble them up year after year.
Amid that landscape, Vincent Capece Jr., CEO of Middlesex Health, is among the remaining half-dozen holdouts.
That surely puts a target on his organization, as health systems sniff around for available assets that could further increase their market share, but Capece has kept his hospital and medical group in good shape, even as Connecticut giants Yale New Haven Health and Hartford HealthCare grow all around them.
Capece has continued to invest in Middlesex, building a $28-million medical center in Westbrook in 2014 and expanding it in recent years.
Capece was also a driving force behind the creation of a partnership with other independent hospitals called the Value Care Alliance, whose members have formed an accountable care organization and used their combined leverage to purchase discounted supplies.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
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