Shiners Healthcare for Children-Twin Cities switches to outpatient-only — 5 insights

Minneapolis-based Shriners Healthcare for Children-Twin Cities is exploring a sale as the health system shifts to an outpatient-only format, the Minneapolis/St. Paul Business Journal reports.

What you should know:

1. Shriners will continue to operate the clinic while it explores the sale.

2. Shriners is marketing the site to an array of buyers in the healthcare and housing industries.

3. The hospital sits on 10 acres of land, with 7.5 undeveloped acres.

4. As Shriners explores a sale, it's also searching for a long-term facility for its outpatient clinic model.

5. Shriners is in the process of converting five of its hospitals into outpatient-only models.

More articles on improving performance:
Mount Sinai Medical Center opens $275M surgical, emergency centers
HCA Healthcare grows outpatient cases 3.2% in 2018 & more — 8 ASC industry notes
56 ASC benchmarks to know on regional operating expenses per case

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