Saint Thomas Health submits CON to invest $16.2M in ASC: 4 key notes

Nashville, Tenn.-based Saint Thomas Health submitted a certificate-of-need to invest in a new ASC in Murfreesboro, Tenn., according to Daily News Journal.

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Here are four key notes:

1. Saint Thomas is proposing to invest $16.2 million in the surgery center.

2. The proposal falls in line with the health system’s goal of meeting current and future outpatient demand.

3. Saint Thomas also submitted a CON to add 72 inpatient beds and additional outpatient services capacity at its Saint Thomas Rutherford hospital in Murfreesboro. The project’s estimated cost surpasses $55 million.

4. The health system will present its plans to Tennessee Health Services and Development Agency in October.

More articles on surgery centers:
Valuation considerations for vascular access centers in 2017
Florida building with ASC sells for $7.2M: 5 takeaways
Envision Healthcare strikes 2 deals with physician groups; Surgery Partner hits new 52-week high & more — 6 ASC company key notes

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