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Gov. Malloy Bill Would Require Greater Hospital Disclosure

Sage Ross
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Wikimedia Commons
Gov. Malloy's proposal will require hospitals, such as Saint Francis, to provide disclosure of their gains through sales.

Governor Dannel Malloy has proposed legislation requiring officials at nonprofit hospitals to disclose financial benefits they would gain if the hospital is bought by a for-profit entity.

The Journal Inquirer reports that Malloy's bill would require the disclosure as part of the approval process.

An Eastern Connecticut Health Network spokeswoman said state and federal regulations already require the disclosures. Nina Kruse also said company officials signed conflict-of-interest statements asking for disclosure of any benefits.

State law requires the office of the attorney general to determine if the purchase of a non-profit hospital by a for-profit company requires a certificate of need approval.

Malloy's proposal would require all officers, directors, board members and senior officials with the non-profit to be identified and whether they would maintain employment after the deal.

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The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

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SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.