Becker's Hospital Review

May 2020 Issue of Becker's Hospital Review

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15 CFO / FINANCE 6 Cleveland Clinic construction projects in the works By Alia Paavola T he Cleveland Clinic plans to double the number of patients it sees in the next five years to 4 million. One of the ways it will expand its presence and access to pa- tients is through new construction projects. Below are six in the works: 1. Building a new hospital in Mentor, Ohio. Cleveland Clinic CEO Tom Mihalje- vic, MD, announced plans for the new hos- pital during his State of the Clinic address at the InterContinental Hotel in late February. He said it was too early to estimate what the bed count of the new facility would be, but he confirmed it would offer both inpatient and outpatient care. Construction is expected to start this year and wrap up in 2021. 2. Expanding Cleveland Clinic's Cole Eye Institute. Cleveland Clinic's Cole Eye Institute will be expanded up to 150,000 square feet to accommodate growth in patient visits. e expansion would increase the number of operating rooms from five to 12 and add 60 new exam rooms. e addition also would house a Center of Excellence in ophthalmic imaging, an expanded simulation room and a larger ophthalmic research center. Construction is expected to start this year. 3. Constructing a new Neurological Institute building. The new 400,000-square- foot neurological institute will consolidate outpatient neurological care on Cleveland Clinics' main campus. Currently, it is delivered in eight lo- cations. e institute will offer digitized pa- tient evaluations, imaging, simulation train- ing, infusion therapy, neurodiagnostics and have space for research. Groundbreaking for the institute is set for 2021. 4. Upgrading Cleveland Clinic's Fairview Hospital. e Cleveland-based hospital will undergo a general facilities makeover to enhance the safety and experience of patients and providers. Plans call for improvements to the hospital's Moll Cancer Center, medical office building and parking facilities. Enhancements will take place over the next five years. 5. Breaking ground on a seven-story cancer center at Cleveland Clinic Abu Dhabi. Cleveland Clinic Abu Dhabi broke ground in April 2019 on its seven-story, 185,000-square-foot cancer center. It will stand next to its existing 20-floor hospital in the United Arab Emirates. It is slated to open in 2022. 6. Inching closer to the opening of Cleveland Clinic London. Cleveland Clinic expects to open its 185-bed London hospital in the spring of 2021. Cleveland Clinic is renovating an existing six-story, 198,000-square-foot building in central London for its facility. n Tenet to build South Carolina hospital after 15-year legal battle By Alia Paavola A fter years of legal back-and-forth, Dallas-based Ten- et Healthcare is moving forward with plans to build a $150 million medical center in Fort Mill, S.C., according to The Post and Courier. Tenet first filed an application with the South Carolina De- partment of Health and Environmental Control to build the Fort Mill hospital in 2005 as an extension of Tenet's Piedmont Medical Center in Rock Hill. But two North Carolina healthcare systems also applied to build a hospital in Fort Mill in 2005: Charlotte-based Presbyte- rian Healthcare System, which rebranded to Novant Health in 2013, and Charlotte-based Carolinas Healthcare System, now Atrium Health. Tenet won the rights to the project in 2006, but the two other systems appealed the decision. The court battle among the organizations carried on for years. Presbyterian eventually withdrew its application, but Atrium Health continued to fight the Tenet project. In early 2019, the South Carolina Supreme Court sided with Tenet. Tenet said it plans to submit more details about the project to the state health department this year. Construction is expected to take up to two years. n 10 states with the highest percentage of for-profit hospitals By Laura Dyrda T exas has the largest percentage of its hospitals being for-profit institutions, with just over half being for-profit, according to the Kaiser Family Foundation. The data is for community hospitals and collected by the AHA Annual Survey from the Health Forum, an affil- iate of the American Hospital Association. Here are the top 10 states with the largest percentage of all hospitals in the state being for-profit: 1. Texas: 53.2 percent 2. Nevada: 52.3 percent 3. Florida: 52.1 percent 4. New Mexico: 43.9 percent 5. Arizona: 43.4 percent 6. Louisiana: 41.8 percent 7. Tennessee: 39.1 percent 8. Oklahoma: 38.4 percent 9. South Carolina: 36.2 percent 10. Utah: 35.2 percent n

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