Here are five points:
1. The campus will house the hospital, an ASC, medical offices, parking garages, a rehabilitation care facility and residential hospice and assisted-living centers.
2. The entire facility costs $1 billion. The hospital will cost $527 million of that total.
3. The New Jersey State Health Planning Board is holding a public hearing on the relocation April 3, 2017.
4. In its certificate-of-need application, Virtua included credit rating agency reports, including Standard & Poor’s and Fitch which upgraded the health system’s bond ratings from an A+ to an AA-.
5. If its plans come to fruition, Virtua’s campus will open in 2022 and will employ 3,378 full- and part-time workers.
More articles on surgery centers:
Lawrence General Hospital opening $56M surgery center: 3 insights
11 new ASCs opened or announced in March 2017
Wyoming hospital, ASC strike deal on ownership following 1yr+ of negotiations: 5 points
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.