Connecticut
Face the Facts: What Prospect Medical Holdings bankruptcy could mean for you
After three years of trying to purchase three Connecticut hospitals, Yale New Haven Health is starting to walk away from a deal with Prospect Holdings.
The state tried to help broker that deal with Prospect, but it declared bankruptcy this past week.
So what does that mean for patients and their doctors? NBC Connecticut’s Mike Hydeck spoke with Senator Jeff Gordon (R-Woodstock), who is also a medical doctor by trade, to provide some perspective.
Mike Hydeck: So let’s start with this deal. Why do you think it fell through? Are any of these three hospitals in danger of closing or having to layoff staff? Where does it go from here?
Jeff Gordon: There’s a real danger. They can close and layoff staff if this does not get solved quickly. The bankruptcy proceedings that Prospect’s in give some protections, but I really want to see Yale, which is still interested in purchasing the hospitals, be able to do that, keep the doors open so nobody loses their jobs, people get their paychecks, and patients get the care.
Mike Hydeck: So for people who don’t know how states and the federal government are involved in this. We’re actually a creditor in Prospect Holdings, I guess, loan to try to mitigate their finances. The State of Connecticut is. We have a vested interest in trying to see this deal go through, correct?
Jeff Gordon: Oh, absolutely. We are a major creditor. They owe a lot of money in back taxes they haven’t paid, and we have a huge interest in making certain people get the care they need at each one of these hospitals, and nobody loses their job as a result.
Mike Hydeck: So are there federal regulations they have to follow, too, in a deal like this? Because healthcare is a necessity in some of those hospitals in rural areas, and if they go away, that’s a big impact.
Jeff Gordon: There are some federal laws, but it’s really up to the state of Connecticut, and this is where the state of Connecticut really needs to take action now. I believe it should have taken action earlier, but it has to absolutely now, and hopefully we’ll do that in a time frame that’s relatively short.
Mike Hydeck: So in Yale New Haven’s releases on this topic, they said, ‘Look, when we started digging through the finances and we walked through the facilities, we saw the facilities were poorly maintained or not maintained at all. There was mismanagement throughout the organization.’ You’ve probably read the report. Is that a fair characterization? And then how does the state help to mitigate something like this?
Jeff Gordon: I believe that’s a fair characterization. We’re learning more and more that these for-profit private equities have not been telling the truth. A huge congressional report came out this month highlighting that nationally. So we’re going to uncover a lot of the facts during this bankruptcy protection. Yale does have a very valid point, but this highlights why the state needs to take action now. We can’t let it slide any lower.
Mike Hydeck: So when you go to buy a house or you go to buy a business, you do your due diligence. Did it take three years to go through this paperwork? It seems like a long time. Maybe it’s a complex transaction, so it takes longer than your average transaction, but is that a long period of time to try to get that data and understand the circumstances of what you’re about to purchase?
Jeff Gordon: Oh, absolutely it is. In fact, in Massachusetts and Rhode Island, they get more complicated things done with hospitals in a shorter time frame than, evidently, the Office of Health Strategy was able to. And that’s why one of my bills, Putting Patients Over Profits, and another bill on certificate of need is trying to reform this, so we don’t get into these lengthy delays of approvals. And now look what happens.
Mike Hydeck: So that’ll include a timeline when a deal like this is done?
Jeff Gordon: A 180-day timeline, very strict. Massachusetts and Rhode Island get it done within those timelines. Why can’t Connecticut?
Mike Hydeck: Well, who’s to blame here? Is the purchaser of these three hospitals not going through the paperwork fast enough? Or is the state holding something up, in your estimation?
Jeff Gordon: I believe it’s been the state holding it up. It’s a complicated deal, but if you really talk with folks involved, sure Prospect wasn’t being forthcoming with everything it should have been, but the state really was very delaying this, and we were pushing the state very much so to approve the deal. It just took way too long, and I’ve never gotten any good answers about why, and that’s why we need to reform this, because we can’t let these things happen and then look what happens now. We’re dealing with hospitals that are on the edge.
Mike Hydeck: So does that agency need to be reformed? Do they need more accountants so they can go through everything? How do you fix it? Like if it’s their problem, how would you like to see that department changed so this doesn’t happen again?
Jeff Gordon: There needs to be very serious reform for certificate of need. I, along with some fellow senators, have a very serious proposal, once again, to reform it. Common sense, simple things we can get done, and I’m hopeful we can get it done, but we just have to fight the bureaucracy to make certain that it’s reformed in the right way.
Mike Hydeck: Now, at a recent news conference, Governor Lamont said, ‘Look, if this sale falls through, there are other people lining up to buy this.’ But does that start the clock at zero again?
Jeff Gordon: Yes, it could. And we’ve heard, well, we can streamline that review. Well, if it could be streamlined now, why couldn’t have been streamlined before? It’s double talk. I hope Yale will end up buying. I’ve spoken with Yale. They are interested. We have to deal with the bankruptcy court, of course, but if we have to go to somebody else, look what happened in Massachusetts with the far worse situation, with Stuart Health. That became a massive, expensive mess, and they lost two hospitals, despite the state stepping in.
Mike Hydeck: I hope that doesn’t happen here.
Jeff Gordon: I hope not.
Connecticut
Study: Late-Night Gamers in Connecticut Are Dragging Down Productivity
According to a study published by Win.gg, all those late-night gaming sessions aren’t just wrecking your sleep—they’re wrecking Connecticut’s bottom line. Yeah, apparently your midnight raid or Fortnite grind comes with a side of lost productivity, and it adds up fast.
Win.gg surveyed 2,000 working gamers across the U.S., then crunched the numbers with data from the U.S. Census and the Bureau of Labor Statistics. The results? Roughly 47% of employed gamers in Connecticut admit they’re dragging the next day after a late-night session. On average, that translates to about 2.6 hours of work that… well, never really happens. If you put a dollar figure on it, that’s about $104 lost per worker in a single day. Multiply that by the state, and we’re looking at a staggering $74 million in lost productivity. Yup, you read that right—$74 million just because people stayed up too late chasing loot or finishing that last level.
Read More: Three Arrested for Burglary in New Fairfield
It’s not just your career that’s taking a hit, either. Gamers in the state report cutting their sleep by an average of 1.8 hours to fit in those extra hours of gaming. And we all know what happens when you skimp on sleep: coffee consumption goes up, focus goes down, and suddenly responding to emails feels like decoding hieroglyphics.
So, what does this mean for Connecticut? Employers are essentially paying for productivity that doesn’t happen, and the state as a whole is bleeding money. But let’s be real—nobody’s about to stop gaming. If anything, this is a reminder that maybe those late-night raids are best saved for the weekend, or at least capped so the Monday grind doesn’t feel like a marathon through molasses.
If you want to dive into all the numbers and methodology, Win.gg has the full breakdown here. But the takeaway is clear: your gaming habit might be costing more than you think—both in sleep and in dollars.
Exploring Beyond the Rusty Gates of Danbury’s Oldest Cemetery on Wooster Street
I live just down the block from the Wooster Street Cemetery and whenever I pass, I am always struck at how odd it is. You have this quiet, beautiful place that is dedicated to the people who were buried there, in the middle of a busy city and almost no one ever goes there. I decided to go take a deeper look around and see what was beyond the iron gates and stone walls.
Gallery Credit: Lou Milano
7 of the Most Beautiful Towns in the State of Connecticut
Connecticut is overflowing with both manmade and natural beauty. In some places, the two intersect to create a magical, almost fictional feel. Here are 7 Connecticut Towns that look like they came straight from a storybook.
Gallery Credit: Lou Milano
Top 10 Chain Restaurants with the Most Locations in Connecticut
The other day the boys and I were talking about KFC’s new “gravy flights,” and it got me wondering—do you know which fast-food chain has the most locations in Connecticut? None of us did, so I looked it up.
Gallery Credit: Lou Milano
Connecticut
Pension fund assets for retired CT state employees and teachers up 14%
State Treasurer Erick Russell achieved a 14% increase last year investing Connecticut’s pension fund assets, gaining roughly $8.3 billion for retirement programs for state employees, teachers and other municipal workers.
The state, which oversees nearly $69 billion in pension assets, aims for an average annual return on pension investments of 6.9%.
Expectations for bigger gains grew throughout the past year as key stock market indices surged. The Dow Jones Industrial Average, an index of 30 prominent companies listed on stock exchanges, grew by more than 13% in 2025. And the S&P 500, which follows 500 traded companies, topped 16%.
Among peer states and other entities that manage public pension funds holding more than $10 billion in assets, Connecticut’s 2025 performance ranks in the top 17%, Russell said.
But the treasurer, who also announced this week he will seek a second term, said the latest big earnings stem from more than the big gains Wall Street enjoyed in 2025.
“Markets certainly have been strong, but a lot of this is about our overall asset allocation,” said Russell, who updated the Investment Advisory Council Tuesday on the state’s portfolio. “The progress we’ve been making … is a good sign that we’re set up for future success.”
Russell also reported investment gains of 10.3% for the 2024 calendar year and 12.8% for 2023.
State officials particularly have focused on improving investment returns since a May 2023 report from Yale University researchers found Connecticut’s results badly lagged the nation’s over the prior decade.
That only compounded an even larger pension problem that state officials began to address in the early 2010s. According to the Center for Retirement Research at Boston College, Connecticut governors and legislatures failed to save adequate for pension benefits for more than seven decades prior to 2011. This deprived the state treasurer of huge assets that otherwise could have been invested to generate billions of dollars in revenue over those seven decades.
The treasurer’s office under Russell has put more funds into private and domestic markets and curbed reliance on investment managers who receive large fees for their work.
Gov. Ned Lamont and the General Assembly also have greatly assisted efforts to bolster the fiscal health of pension programs in recent years. Since 2020, they have used $10 billion from budget surpluses to make supplemental payments into pensions for state employees and municipal teachers. That’s in addition to annual required payments that currently approach $3.3 billion in the General Fund.
“These returns highlight the impressive work of Treasurer Russell and his team in increasing investment returns,” Lamont’s budget spokesman, Chris Collibee, said Tuesday. “Gov. Lamont’s focus has been on building a sustainable Connecticut for the future. Every dollar in additional investment revenue is funds the state can use to cut taxes and provide more resources for essential programs like education, child care, housing, and social services safety nets.”
Russell, a New Haven Democrat, said he has tried to make the office both “disciplined and forward-looking.”
“Over the last several years, we haven’t just changed how the office works, we’ve changed who it works for. We’re ushering in a new era of fiscal responsibility, making significant payments on long-term debt that has allowed us to invest in the residents of Connecticut and begin to lift up communities across our state.”
Russell also brokered a key compromise in 2023 between Lamont and the legislature that salvaged the Baby Bonds program, an initiative that invests long-term funds in Connecticut’s poorest children when they’re born to help finance educational and business opportunities later in life.
Keith M. Phaneuf is a reporter for The Connecticut Mirror (https://ctmirror.org). Copyright 2026 © The Connecticut Mirror.
Connecticut
Body recovered after Bloomfield house fire and explosion
A body was recovered after a house explosion resulting in a house fire in the area of Banbury Lane on Monday night.
Fire Marshal Roger Nelson says they recovered a body around 1:15 on Tuesday morning. The identity of the body found will not be released at this time.
When officers arrived around 6:11 p.m. they encountered the house fully in flames, police said.
According to police, the fire department was able to extinguish the fire, but the house sustained devastating damage.
There are no criminal aspects related to this incident at this time.
The incident was contained to the one house.
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