Grace Hospital ASC moves ahead with nearly $4M renovation: 3 insights

Grace Hospital ASC in Southfield, Mich., has a $3.9 million project in the works.

Advertisement

Three insights:

1. The organization plans to renovate two operating rooms for $3,962,625.

2. The ASC was exempt from obtaining a certificate of need for the project.

3. The Michigan Department of Health and Human Services approved the renovation Feb. 25.

More articles on transactions/valuation:
ASC supply chain tip of the day: Avoid hoarding supplies ‘just in case’
Medline launching 2 perioperative systems — 3 quick points
Ophthalmology ASC adopts HSTpathways’ solution — 5 insights

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.