New York's St. Mary's Hospitals to Become Completely Outpatient by 2023

St. Mary's Hospital in Troy, N.Y., will eventually provide only outpatient services, as St. Peter's Health Partners begins its plan to move all inpatient care to nearby Samaritan Hospital, according to a Times Union report.

"We want to reduce the duplication of services," said Norman E. Dascher Jr., CEO of Samaritan and St. Mary's. "It just doesn't make sense anymore to have two hospitals doing exactly the same thing."

The cost of updating the aging facilities is so significant that the transition is expected to take up to a decade. St. Mary's will continue to operate as an acute-care hospital with a full emergency department until 2023, when Samaritan will be ready to handle all the city's inpatient care and 70,000 annual ER visits.  

St. Mary's evolution toward an outpatient center will start immediately with $8 million in updates.

Related Articles on Transactions & Valuation:
10 Characteristics That Increase Surgery Center Risk
New Jersey's Malo Health and Wellness to Open Four-OR Surgery Center
Ohio's The Hand Center Receives Accreditation

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months