The state’s 2010 Medical Facilities Plan identified the need for one specialty ambulatory surgery facility covering Forsyth and Guilford counties. Piedmont is participating in a five-year demonstration project to determine whether it’s more cost-effective to allow physicians’ groups to perform certain surgeries in-house rather than in a hospital or outpatient clinic.
The demonstration project will also focus on whether a single-specialty surgery center could affect overall community access to specialty surgery.
Piedmont officials expect the surgery center to handle about 2,770 surgeries annually. Ronald Shealy, MD, expects the surgery center to perform some outpatient procedures at “roughly half” the cost of the hospital.
Related Articles on Transactions & Valuation:
Banner Health Center Plans to Double in Size, Add Outpatient Surgery Center
St. Louis University Gets Approval to Demolish Historic Complex for ASC
Colorado’s Memorial Health Still Searching for Tenant for $3M Surgery Center
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
