3 surgery centers, hospital compete for NC CON — 5 things to know

Wilmington Surgery Center, Wilmington ASC, New Hanover Surgical Center and OWP4 and New Hanover Regional are competing for certificate of need approval from the North Carolina Department of Health, WilmingtonBiz reports. All organizations are based in Wilmington, N.C.

Here's what you should know:

1. The projects vary in degree of extent.

2. New Hanover Regional wants to add an operating room to its existing campus. It's estimated to cost $1.3 million and could be completed by October 2019, if approved.

3. Wilmington Surgery Center would also like to expand on its existing facility by adding an additional OR. If approved, the ASC would have 11 ORs. The project is estimated to cost $1.1 million and could be completed by January 2021.

4. Wilmington ASC has proposed a new $13.4 million ASC in Wilmington. The center would transfer three existing endoscopy procedure rooms from its current ASC and incorporate a new operating room into the new ASC. Wilmington ASC anticipates the project would be complete in January 2020.

5. New Hanover Surgical Center and OPW4 proposed a new joint venture ASC with one OR and two procedure rooms. The group estimates the project will cost $6.2 million and could be completed by January 2020.

More articles on transactions/valuations:
11 statistics on GI net revenue per case at ASCs
'Surviving and thriving through healthcare reform' — Gastro Health's Dr. James Leavitt on consolidating markets
10 states with the lowest volume of GI procedures per ASC

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