UVM Medical Center, based in Burlington submitted the certificate to the state’s Green Mountain Care Board for approval to purchase the 22-acre medical campus it currently leases from Covenant, according to a Jan. 22 news release from the health system. The campus houses medical offices, surgical suites and other facilities.
By purchasing the Fanny Allen Campus, UVM Medical Center expects to save $4 million to $6 million over a 15-year financing period, according to the release.
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.