Nuvance faces regulatory concerns in Northwell merger

The Connecticut Office of Health Strategy has expressed concerns over possible increases in inpatient hospital prices if the merger between Nuvance Health and Northwell Health proceeds. Despite these concerns, the 70-page report generally supports the merger, noting it could be favorable in almost all other aspects. The proposed $20 billion merger, first floated last year, aims to address Nuvance Health's financial difficulties, with Northwell Health intending to invest $1 billion into Nuvance facilities. However, Connecticut officials highlighted historical precedents where Northwell's acquisitions resulted in increased inpatient prices. The merger seeks to stabilize Nuvance's financial position and ensure the continuation of services at their hospitals. As of now, New York's Public Health and Health Planning Council has approved the transaction, but Connecticut is still voicing its concerns about cost implications.