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Five Hospitals Buying Land For Expansions

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Below are five hospitals or health systems that purchased or announced plans to buy land for expansions in the last three months.

1. HCA buys land, plans freestanding ED
Nashville, Tenn.-based HCA Healthcare has purchased a plot of land in Tennessee to build a freestanding emergency department.

4. Ascension St. Vincent’s buys 33 acres for Florida hospital
Jacksonville, Fla.-based Ascension St. Vincent’s purchased a parcel of land in Florida’s St. Johns County for nearly $18 million.

5. Encompass Health buys land for rehab hospital in Florida
Birmingham, Ala.-based Encompass Health bought a plot of land in St. Augustine, Fla., to build a new hospital, the company said July 10.

2. South Carolina hospital buys land for expansion
The board of Orangeburg, S.C.-based Regional Medical Center agreed to buy a 6.5-acre plot of land for an expansion.

3. University Health System to buy land in San Antonio for new hospital
San Antonio-based University Health System plans to buy an 80-acre parcel of land to build a second hospital.

Source: Becker’s Hospital Review

Mayo Clinic, Ascension Among Healthcare Giants Investing In Northeast Florida

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In 2019, Jacksonville-based Mayo Clinic Florida said it would build a $233 million, 190,000-square-foot oncology facility that will bring proton beam therapy and carbon ion therapy to Jacksonville.

Jacksonville-based Baptist Health also began several large projects this year, including building Florida‘s second largest children’s hospital and a seven-story facility that will “reorient” its downtown Baptist Medical Center Jacksonville Hospital.

Ascension St. Vincent in Jacksonville this year filed plans with city officials to build two emergency departments that are expected to open in 2020.

In addition, Baptist Health, Gainesville, Fla.-based UF Health and Nashville, Tenn.-based HCA Healthcare all filed plans to build facilities in Nassau County.

“If you’re going to have UF Health, Baptist and HCA, three mega-competitors that can literally stare into each other’s windows along the I-95 and A1A corridor, something really good is happening, because that is a lot of capital investment, a lot of healthcare,” former economic development board executive director Laura DiBella told the Business Journal. “And healthcare, in my experience, plants their money for decades.”

 

Source: Becker’s Hospital Review

Hospitals Could Multiply In Florida As State Cancels Certificate-Of-Need Requirement

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Florida lawmakers eliminated a regulatory process that limited how many hospitals and specialty services could be built in the state, according to the Orlando Sentinel.

Beginning July 1, general hospitals won’t need to secure a certificate of need to build a facility or start a new service, such as pediatric and adult open-heart surgeries, organ transplants, neonatal intensive care units and rehab programs.

In two years, the second part of the bill will go into effect, which cancels the certificate of need requirement for some specialty hospitals, such as children’s and women’s hospitals, rehab hospitals, psychiatric and substance misuse hospitals, and others.

Altamonte Springs, Fla.-based AdventHealth and Orlando (Fla.) Health told the Orlando Sentinel they will accelerate their construction projects that were on deck to go through the certificate-of-need application or were tied up in regulatory red tape. Nashville, Tenn.-based HCA Healthcare did not say how the change would affect its building plans in Florida.

Roughly 35 states have certificate-of-need laws, according to National Conference of State Legislatures data cited by the Orlando Sentinel.

 

Source: Becker’s Hospital Review