Saint Thomas Health submits CON to invest $16.2M in ASC: 4 key notes

Nashville, Tenn.-based Saint Thomas Health submitted a certificate-of-need to invest in a new ASC in Murfreesboro, Tenn., according to Daily News Journal.

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Here are four key notes:

1. Saint Thomas is proposing to invest $16.2 million in the surgery center.

2. The proposal falls in line with the health system’s goal of meeting current and future outpatient demand.

3. Saint Thomas also submitted a CON to add 72 inpatient beds and additional outpatient services capacity at its Saint Thomas Rutherford hospital in Murfreesboro. The project’s estimated cost surpasses $55 million.

4. The health system will present its plans to Tennessee Health Services and Development Agency in October.

More articles on surgery centers:
Valuation considerations for vascular access centers in 2017
Florida building with ASC sells for $7.2M: 5 takeaways
Envision Healthcare strikes 2 deals with physician groups; Surgery Partner hits new 52-week high & more — 6 ASC company key notes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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