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Vincent Capece Jr. leads Middlesex Health and its flagship Middlesex Hospital, which has traditionally been one of the best financially performing hospitals in the state.
In fiscal 2021, the hospital reported a $7 million operating surplus on $447 million in revenue, according to the Office of Health Strategy.
However, fiscal 2022 has been a greater challenge. Many Connecticut hospitals, including Middlesex Hospital, saw operating losses driven by the evaporation of COVID-19 grants, coupled with an inflationary economy and rising expenses.