Here are five takeaways:
1. PNC Bank provided the loan to Alton Road Development, a Crescent Heights’ affiliate.
2. Crescent Heights’ outpatient facility will be 122,000 square feet.
3. Baptist Health leased 36,900 square feet for ambulatory surgery, medical offices, physical therapy, diagnostics and urgent care.
4. Additionally, Baptist Health will offer free wellness classes at the facility’s community center.
5. Prior to the center’s approval in July, Mount Sinai Medical Center outwardly opposed the project’s development. Mount Sinai Medical Center is Miami Beach’s sole hospital.
More articles on surgery centers:
How the evolving ASC industry changes the joint venture game
Orthopaedic Institute for Children holds ribbon-cutting for new pediatric orthopedic ASC: 4 highlights
Tenet short interest falls 10.4% — 5 points
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.
