Lawrence Memorial Hospital

What Lawrence Memorial Hospital does

Lawrence + Memorial Hospital (L+M) is a 308-bed not-for-profit, general acute care private hospital located in New London, Connecticut, operating since 1912 as a member of the Yale New Haven Health System. The hospital serves a defined service area of approximately 180,000-250,000 residents across 10 towns in southeastern Connecticut and western Rhode Island, providing comprehensive medical, surgical, pediatric, rehabilitative, psychiatric, and obstetrical care. Through its integration with Yale New Haven Health, L+M is staffed by Yale School of Medicine-affiliated physicians and Northeast Medical Group clinicians (approximately 675 affiliated clinicians total), with patient access to advanced specialty care and clinical trials at the Yale Cancer Center, Connecticut's only NCI-designated Comprehensive Cancer Center.

The hospital operates across multiple facilities including the main 308-bed campus in New London, Pequot Health Center in Groton (with same-day surgery, diagnostic imaging, and a 7am-11pm Emergency Department), and Smilow Cancer Hospital at Waterford. Clinical capabilities span advanced robotic surgical systems (Da Vinci Xi Surgical System and Globus ExcelsiusGPS Robotic Navigation), specialized urology treatments (Aquablation robotic water ablation, Artemis MRI-ultrasound fusion targeted biopsy, SpaceOAR Hydrogel), LINX Reflux Management for GERD, and genomic profiling diagnostics for oncology. Specialty programs include the only Level IIIA NICU in southeastern Connecticut, a Joint Commission-certified Joint Replacement Center for total hip and knee replacements, a Joint Commission-certified Spine Center, a Primary Stroke Center with door-to-balloon time of 62 minutes, and more than 100 medical specialties. Patient-facing digital tools include the MyChart portal, YM-YNH Go mobile application for wayfinding and appointments, and 24/7 virtual care available through Yale New Haven Health.

L+M generates revenue through patient care services delivered across inpatient stays, outpatient procedures, same-day surgery, emergency visits, home health (via Visiting Nurses Association of Southeastern Connecticut partnership with 100,000+ annual visits), and physician practice services through Northeast Medical Group. Patient acquisition is driven by physician referrals through Yale Medicine and Northeast Medical Group, emergency department walk-ins, and community health and education programs. The hospital accepts major managed care and governmental insurance plans including Medicare, Medicaid, AETNA, Anthem BC/BS, CIGNA, ConnectiCare, MultiPlan, Oxford Health Plans, TRICARE, and United Healthcare, and offers financial assistance programs for uninsured and underinsured patients. As a not-for-profit entity operating within Yale New Haven Health, the hospital reinvests operating surplus into clinical services and is governed by a Board of Trustees; financial performance is reported at the parent system level rather than publicly disclosed for L+M individually.

Name

Lawrence Memorial Hospital

Legal name

Lawrence + Memorial Hospital

Website

https://lmhospital.org

Company type

Private

Founded year

1912

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lawrence + Memorial Hospital is a 308-bed not-for-profit acute care hospital in New London, Connecticut, serving 180,000-250,000 southeastern Connecticut and western Rhode Island residents as a Yale New Haven Health System member providing 100+ specialties with Yale Cancer Center access.

Ownership category

akta.pro rank

Headquarters

HQ city

New London

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Patient Care Services: Acute care hospital providing comprehensive medical services including emergency, surgical, diagnostic, maternity, oncology, and rehabilitation services. Revenue generated through patient volume across multiple service lines including inpatient stays, outpatient procedures, and emergency visits.
2. Physician Services: Revenue from affiliated physician practices and medical group services through Northeast Medical Group and Yale Medicine affiliations
3. Home Health Services: Visiting Nurses Association of Southeastern Connecticut provides over 100,000 home care visits annually

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Lawrence + Memorial Hospital is a 308-bed not-for-profit, general acute care private hospital providing medical, surgical, pediatric, rehabilitative, psychiatric, and obstetrical patient care across more than 100 specialty services. Core offerings include emergency services with Primary Stroke Center designation, maternity care with the only Level IIIA NICU in southeastern Connecticut, cardiac care with the only emergency angioplasty program in eastern Connecticut, cancer care through Smilow Cancer Hospital, robotic surgery using Da Vinci Xi and Globus ExcelsiusGPS systems, and urology services featuring Aquablation and Artemis targeted biopsy.

Product overview

Lawrence + Memorial Hospital operates as part of Yale New Haven Health System, offering comprehensive, integrated, family-focused healthcare through a network of facilities and specialty services. The core offering is the 308-bed acute care hospital in New London supplemented by outpatient facilities including Pequot Health Center in Groton and Smilow Cancer Hospital at Waterford. The hospital provides over 100 specialty services including cancer care, heart and vascular, maternity with Level IIIA NICU, neurology and neurosurgery with robotic surgery capabilities, emergency services with Primary Stroke Center designation, surgery with Da Vinci Xi and Globus ExcelsiusGPS robotic systems, urology with Aquablation and Artemis technology, pediatrics with connection to Yale New Haven Children's Hospital, rehabilitation, diagnostic imaging, and laboratory services. Patient-facing digital tools include MyChart portal and YM-YNH Go mobile app for wayfinding. Specialty programs include Joint Replacement Center (Joint Commission certified), Stroke Center, Wound + Hyperbaric Center, and Sleep Center. The hospital serves approximately 180,000-250,000 residents across 10 towns in southeastern Connecticut and western Rhode Island.

Differentiator

Problem solved

Functional benefit

Brands

• Pediatric Specialty Center: Pediatric Specialty Center providing nationally ranked pediatric specialties closer to home for families in New London area
• Pequot Health Center Emergency Care
• Smilow Cancer Hospital at Waterford

Products and services

• Lawrence + Memorial Hospital (Main Campus) A 308-bed not-for-profit, general acute care private hospital serving southeastern Connecticut since 1912, providing medical, surgical, pediatric, rehab, psychiatric, and obstetrical patient care as part of Yale New Haven Health System.
• Smilow Cancer Hospital at Waterford A cancer treatment center providing seamless care in conjunction with Lawrence + Memorial Hospital, offering access to genetic testing, tumor profiling, clinical trials through Yale Cancer Center, and multidisciplinary cancer care including medical oncology, radiation oncology, and surgical oncology.
• Pequot Health Center A multispecialty outpatient facility in Groton offering emergency care, same-day surgery, laboratory services, diagnostic imaging (CT, MRI, mammography, X-ray, ultrasound, bone density), outpatient rehabilitation, and occupational health services.
• Cancer (Oncology) Services Comprehensive cancer care including advanced diagnostic imaging, cancer screening and prevention programs, clinical trials, genetic testing, medical oncology, radiation oncology, surgical oncology, palliative care, survivorship planning, and support services through Smilow Cancer Hospital network.
• Heart & Vascular Services Cardiovascular care including emergency and elective angioplasty, cardiac catheterization, pacemaker and defibrillator implantation, cardiac rehabilitation, echocardiography, vascular surgery, limb preservation program, and access to Yale New Haven Heart and Vascular Center.
• Maternity Services Labor, delivery, recovery, and post-partum (LDRP) care featuring a 24-bed maternity unit, Level IIIA Neonatal Intensive Care Unit (NICU), two operating room suites, childbirth education classes, lactation support, and Baby Friendly Hospital designation.
• Neurology & Neurosurgery Services Neuroscience care including the Center for Robotic and Minimally Invasive Neurosurgery, treatment for stroke, epilepsy, movement disorders, multiple sclerosis, brain and spinal surgery, with access to clinical trials through Yale Cancer Center.
• Surgical Services Comprehensive inpatient and outpatient surgical care including neurosurgery, oncology, urology, bariatric weight-loss surgery, general surgery, with advanced robotic technologies including Da Vinci Xi Surgical System and Globus ExcelsiusGPS for spine procedures.
• Urology Services Urologic care including treatments for kidney stones, prostate cancer, bladder cancer, male infertility, and erectile dysfunction, featuring Aquablation for BPH, Artemis targeted biopsy, endoscopic/laparoscopic/robotic surgery, and da Vinci Xi systems.
• Children's (Pediatrics) Services Pediatric care including inpatient pediatric program, Child Life Services, pre-surgery program, community programs (Healthy Start, Nurturing Families), specialty outpatient services (laboratory, rehabilitation, diagnostic imaging, sleep center), and connection to Yale New Haven Children's Hospital Pediatric Specialty Center in New London.
• Emergency Services Emergency medical care at main campus (34-bed unit with 6-bed FastER Care) and Pequot Medical Center (16-bed unit with 3-bed FastER Care), featuring emergency angioplasty/PCI, Primary Stroke Center designation, Pediatric Emergency Program, physician-in-triage, and wait time tracking.
• Rehabilitation Services Comprehensive rehabilitation including physical therapy, occupational therapy, and speech-language pathology services for patients of all ages, available as inpatient, outpatient, and home care through the Acute Inpatient Rehab Unit and outpatient locations.
• Stroke Center Primary Stroke Center designated by the state and Advanced Primary Stroke Center by The Joint Commission, offering rapid stroke treatment including clot-busting drugs, Telestroke program with Yale for 24/7 neurologist access.
• Neonatal Intensive Care Unit (NICU) Level IIIA NICU, the only one in southeastern Connecticut, providing intensive care for infants requiring extra medical services after delivery with neonatology practitioners available 24/7.
• Joint Replacement Center Joint Commission certified program for total hip and knee replacements, offering comprehensive joint replacement surgery with safety and quality standards recognition.
• Wound + Hyperbaric Center Wound care and hyperbaric medicine services located in Waterford, providing specialized treatment for chronic wounds and conditions benefiting from hyperbaric oxygen therapy.
• Diagnostic Imaging Services Advanced imaging services including MRI, CT, PET CT, nuclear medicine, 3D tomosynthesis mammography, cardiovascular ultrasound, and general X-ray with accreditation from Intersocietal Commission for Echocardiography Laboratories.
• Sleep Center Sleep medicine services including diagnostic testing for sleep disorders starting from age 2, located at Hilton Garden Inn in Groton.
• Laboratory Services Clinical laboratory services including anatomic pathology, blood bank, cytology, chemistry, and hematology, with blood draw stations across multiple locations.
• Pediatric Specialty Center Yale New Haven Children's Hospital Pediatric Specialty Center in New London providing families access to nationally ranked pediatric specialties closer to home.
• Telehealth / 24/7 Virtual Care Virtual care services allowing patients to receive medical consultations remotely, including 24/7 virtual care options for urgent needs.

Quantifiable outcome

• Emergency angioplasty door-to-balloon time of 62 minutes, exceeding national standard of 90 minutes
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Yale New Haven HealthcoreStrategic or Co-development PartnerLawrence Memorial Hospital is a member of Yale New Haven Health, Connecticut's leading healthcare system. This affiliation provides access to Yale School of Medicine-affiliated physicians, clinical trials through Yale Cancer Center, and the ability to transfer patients for advanced care at system hospitals.
• Yale School of MedicinecoreStrategic or Co-development PartnerAcademic affiliation providing access to nationally ranked specialties, research programs, and clinical trials. Physicians affiliated with Yale Medicine and Yale School of Medicine provide care at L+M Hospital.
• Smilow Cancer HospitalcoreStrategic or Co-development PartnerSmilow Cancer Hospital provides seamless cancer care in conjunction with Lawrence Memorial Hospital, offering access to NCI-designated Yale Cancer Center clinical trials, genetic testing, and tumor profiling. Smilow Cancer Hospital at Waterford provides comprehensive cancer treatment closer to home for L+M patients.
• Yale Cancer CentercoreStrategic or Co-development PartnerConnecticut's only National Cancer Institute-designated Comprehensive Cancer Center. L+M patients have direct access to clinical trials, genetic testing, tumor profiling, and the latest cancer treatments through this partnership.
• Northeast Medical GroupcoreChannel Partner/ Reseller/ DistributorMulti-specialty medical group affiliated with Yale New Haven Health. Northeast Medical Group physicians provide care at L+M Hospital and its outpatient facilities, with 675 clinicians in the network serving Lawrence + Memorial Hospital patients.
• Visiting Nurses Association of Southeastern ConnecticutminorStrategic or Co-development PartnerCommunity partnership providing home health services. The VNA provides more than 100,000 home care visits annually to patients in the region, extending L+M's care continuum into patients' homes.
• Joslin Diabetes CenterminorStrategic or Co-development PartnerJoslin Diabetes Center affiliate at Lawrence + Memorial locations in New London and Mystic, providing specialized diabetes care and education services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hartford Hospital: The 867-bed flagship of Hartford HealthCare and a major tertiary referral center in central Connecticut; competes with L+M and YNHH for complex specialty cases and physician recruitment across the state.
• Bridgeport Hospital: A 501-bed acute care hospital and Yale New Haven Health member serving southern Connecticut; comparable as a system-affiliated community/academic hospital with overlapping tertiary services and shared clinical infrastructure.
• Greenwich Hospital: A 206-bed Yale New Haven Health member hospital serving southwestern Connecticut and coastal Westchester; comparable community-academic hybrid under the same system with similar service-line breadth and patient demographics.
• Yale New Haven Hospital: The flagship 1,541-bed academic medical center and primary hub of Yale New Haven Health, providing the tertiary/quaternary referral destination for L+M's complex cases and housing the Yale Cancer Center and Yale School of Medicine affiliations that L+M leverages.

Direct peers

• Westerly Hospital: A 125-bed community hospital in Westerly, Rhode Island also operated as part of Yale New Haven Health, sharing the same system, IT platforms (MyChart), clinical protocols, and overlapping shoreline service area as Lawrence + Memorial.
• Smilow Cancer Hospital: The NCI-designated cancer hospital of Yale New Haven Health; L+M operates the Smilow Cancer Hospital Care Center at Waterford as a direct extension, providing oncology services to the same patient population and clinical-trial access.

Regional players

• Day Kimball Hospital: A 106-bed community not-for-profit hospital in Putnam, CT; comparable as a small Connecticut community hospital serving a rural service area and competing for similar outpatient and primary care volume.
• Middlesex Hospital: A 275-bed independent not-for-profit acute care hospital in Middletown, CT; comparable as a mid-sized Connecticut community hospital offering a similar broad service-line portfolio outside of YNHH.
• Backus Hospital: A Hartford HealthCare-affiliated 213-bed acute care hospital in Norwich, CT, the most direct geographic competitor to L+M for eastern Connecticut inpatient and emergency volume.

Others

• Northeast Medical Group: A multi-specialty medical group of 1,000+ physicians affiliated with Yale New Haven Health; provides the employed-physician referral backbone that feeds patients into L+M's inpatient and outpatient services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/yale-new-haven-health
• Xx.com/lmhospital
• Facebookfacebook.com/LandMHospital

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lawrence Memorial Hospital