The one hospital Essent owns today has seen a significant infusion of energy, expertise and capital in the short time under Essent management. We have complete confidence in Hud Connery and Essent Healthcare. When this sale is approved, Sharon Hospital will be the first investor-owned hospital in Connecticut. Investor-owned hospitals have been operating successfully and with community support in New England for 15 years. Investor-owned hospitals are consistently ranked among the top 100 hospitals in the nation in quality and operations.
Every successful hospital makes a profit.
In either case, profits are reinvested in facility upgrades, new services, and in the high-cost technology demanded by physicians and patients. Without the ability to reinvest in itself, a hospital withers. This has been our concern about Sharon Hospital. Now, to the help Sharon Hospital will need from you. Several steps must be taken to approve these plans.