What you should know:
1. In late 2018, CRMC notified the state it planned to seek a certificate of need for an open heart surgery operating room and a separate cardiac catheterization lab.
2. The organizations reportedly agreed to collaborate on CRMC’s application for the development.
“We look forward to continuing our long-standing relationship with Chesapeake Regional Medical Center for the betterment of our shared community,” Sentara said in a statement to the Daily Press. “We will be reviewing their application once it is complete and providing updated information regarding Sentara to both [Chesapeake] and the Commissioner of Health.”
3. As a result of the collaboration, Sentara asked Virginia legislators to nix a bill the two organizations had quarrelled over. The bill would require healthcare operations with both medical facilities and an insurance division to include any city- or county-owned hospitals in its networks. Sentara, which has that organizational structure, would have been affected by the legislation.
More articles on transactions/valuation:
How ASCs could benefit from domestic medical tourism: 4 things to know
Physician burnout in the US & Europe: 19 statistics
The mindset blocking ASC owners & surgeons from financial success — 3 takeaways
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