Lawrence Memorial Hospital plans $16M ASC, outpatient expansion to raise revenue

Medford, Mass.-based MelroseWakefield Healthcare outlined plans to build a $16 million ASC on the campus of its North Medford, Mass.-based Lawrence Memorial Hospital, Wicked Local Medford reported.

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The single-story, 17,500-square-foot ASC comes as the hospital looks to expand its cost-effective, outpatient services to combat financial hardships.

Construction is scheduled to begin in one or two years after the state and local review processes are completed.

MelroseWakefield cut almost all the inpatient beds at Lawrence Memorial last year. Adding outpatient surgery would both serve patients by providing quick, quality surgeries, and would increase efficiency for the hospital, said Steven Sbardella, MD, CMO of MelroseWakefield.

More articles on new ASC development:
Providence Health & Services files CON for $3.7M surgery center — 3 key details
$7.1M joint venture orthopedic ASC coming to North Carolina — 3 things to know
Vanderbilt University plans pediatric clinic, ASC on proposed extension — 4 insights

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.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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