Annual Report on the FINANCIAL STATUS OF CONNECTICUT’S SHORT TERM ACUTE CARE HOSPITALS for Fiscal Year 2019 State of Connecticut Office of Health Strategy September 2020 Connecticut Office of Health Strategy 2020. Annual Report on the Financial Status of Connecticut’s Short Term Acute Care Hospitals for Fiscal Year 2019. Hartford, CT: Connecticut Office of Health Strategy Table of Contents Section 1 - Executive Summary.............................................................................................................................1 Section 2 – Financial Analysis ...............................................................................................................................3 Section 3 - Hospital and Health System Data .................................................................................................. 17 Statewide Health System Summary .............................................................................................................. 18 Statewide Hospital Summary .......................................................................................................................... 19 William W. Backus Hospital ............................................................................................................................. 21 Bridgeport Hospital ........................................................................................................................................... 23 Bristol Hospital ................................................................................................................................................... 25 Connecticut Children’s Medical Center ......................................................................................................... 27 Danbury Hospital ............................................................................................................................................... 29 Day Kimball Hospital ........................................................................................................................................ 31 John Dempsey Hospital ................................................................................................................................... 33 Greenwich Hospital ........................................................................................................................................... 35 Griffin Hospital ................................................................................................................................................... 37 Hartford Hospital ............................................................................................................................................... 39 Hospital of Central Connecticut ...................................................................................................................... 41 Charlotte Hungerford Hospital ........................................................................................................................ 43 Johnson Memorial Hospital ............................................................................................................................. 45 Lawrence + Memorial Hospital ....................................................................................................................... 47 Manchester Memorial Hospital ....................................................................................................................... 49 Middlesex Hospital ............................................................................................................................................ 51 MidState Medical Center ................................................................................................................................. 53 Milford Hospital .................................................................................................................................................. 55 Norwalk Hospital ............................................................................................................................................... 57 Rockville General Hospital .............................................................................................................................. 59 Saint Francis Hospital and Medical Center ................................................................................................... 61 Saint Mary’s Hospital ........................................................................................................................................ 63 Saint Vincent’s Medical Center ....................................................................................................................... 65 Sharon Hospital ................................................................................................................................................. 67 Stamford Hospital ............................................................................................................................................. 69 i Waterbury Hospital ........................................................................................................................................... 71 Windham Community Memorial Hospital ...................................................................................................... 73 Yale New Haven Hospital ................................................................................................................................ 75 Section 3: Appendices ......................................................................................................................................... 77 Appendix A – Hospital Health System Statement of Operations Data ..................................................... 78 Appendix B – Hospital Health System Margin Data .................................................................................... 79 Appendix C – Hospital Health System Operating Margins ......................................................................... 80 Appendix D – Hospital Health System Total Margins ................................................................................. 81 Appendix E – Hospital Health System Net Assets Data ............................................................................. 82 Appendix F – Hospital Health System Solvency Ratios ............................................................................. 83 Appendix G – Hospital Health System Liquidity Ratios .............................................................................. 84 Appendix H – Hospital Statement of Operations Data ................................................................................ 85 Appendix I – Hospital Margin Data ................................................................................................................. 86 Appendix J – Hospital Operating Margins ..................................................................................................... 87 Appendix K – Hospital Total Margins ............................................................................................................. 88 Appendix L – Hospital Net Assets Data ........................................................................................................ 89 Appendix M – Hospital Ratio of Cost to Charge Data ................................................................................. 90 Appendix N – Hospital Solvency Ratios and Average Age of Plant ......................................................... 92 Appendix O – Hospital Liquidity Ratios ......................................................................................................... 93 Appendix P – Hospital Uncompensated Care Data .................................................................................... 94 Appendix Q – Hospital Utilization Data .......................................................................................................... 95 Appendix R – Hospital Gross Revenue Payer Mix Data............................................................................. 96 Appendix S – Hospital Net Revenue Payer Mix Data ................................................................................. 97 Appendix T – Hospital Discharges by Payer Data ....................................................................................... 98 Appendix U – Hospital Case Mix Index by Payer ........................................................................................ 99 Appendix V – Hospital Emergency Department Visits .............................................................................. 100 Appendix W – Other System Related Entity Gain & Loss Analysis ........................................................ 101 Appendix X – Hospital Map ........................................................................................................................... 102 Appendix Y – Corporate Affiliations ............................................................................................................. 103 Appendix Z – Health System Charts of Organization ................................................................................ 103 Appendix AA – Glossary of Terms ............................................................................................................... 103 ii Section 1 - Executive Summary The Office of Health Strategy (“OHS”) was created in 2017 as a bipartisan effort of the