![]() ![]() The system’s bonds are secured by a pledge of gross revenue of the YNHHS obligated group, which accounted for essentially 100% of the system’s assets and revenue in fiscal 2021, which ended Sept. A summary of YNHHS’ long-term debt as of Sept. The bulk of the bond debt pertains to revenue bonds issued through the Connecticut Health and Educational Facilities Authority. YNHHS reported nearly $1.636 billion in long-term debt outstanding as of June 30, consisting of $587.65 million in tax-exempt bonds, $22.73 million in taxable bonds and loans payable of $1.025 billion. ![]() Headquartered in New Haven, YNHHS is a fully integrated regional healthcare delivery system consisting of several operating entities and affiliates including Yale New Haven Hospital, the two-campus Bridgeport Hospital, Lawrence & Memorial Hospital, Greenwich Hospital Westerly Hospital, a 120-bed skilled nursing facility, and Northeast Medical Group, a physician foundation with more than 1,000 providers. Operating expenses totaled $4.817 billion through June 30, compared with nearly $4.355 billion during the first nine months a year earlier. YNHHS reported total operating revenue of $4.645 billion through June 30, up from $4.38 billion during the nine-month period a year earlier. The system reported total assets of nearly $8.435 billion as of June 30 versus $4.356 billion in total liabilities. Cash subsequently dropped to $157 million from $406 million over the same period. Yale New Haven Health System, or YNHHS, posted a $171.2 million operating loss through the fiscal 2022 third quarter ended June 30, compared with a $25.5 million in income from operations through the same nine-month period a year earlier, according to unaudited financial statements posted to EMMA.Ī non-operating loss of $193 million, mostly tied to losses from investments, coupled with the operating loss, drove a $403 million decline in net assets to $4 billion from $4.4 billion over the nine months ended June 30. Issue Details (Series A, B, C, D, E, N, O) Official Statement ( Series A, B, C, D and E Series N and O) ![]()
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