The new facilities will operate as joint ventures with local surgeons and will enable the health system to free up operating room capacity at its hospitals for higher acuity cases that require overnight stays. The ASCs will be located near Munson Healthcare Cadillac (Mich.) Hospital and Otsego Memorial Hospital in Gaylord, Mich.
The health system is investing $15 million in each facility, a spokesperson told Becker’s. The Cadillac ASC is slated to open in 12 months, while the Gaylord location is set to open in about 18 months. The additions bring Munson Healthcare’s network of ouptatient surgery centers to three.
“We recognized a need for outpatient surgical centers and determined that Cadillac and Gaylord were the optimal geographic locations to enhance access to high-quality, low-cost regional healthcare services, given their proximity to our regional hospitals,” Laura Glenn, COO at Munson Healthcare, said in a news release. “We’re excited to offer a partnership opportunity with local surgeons and to bring advanced surgical services closer to home for residents.”
As more services shift from inpatient to outpatient settings, many health systems have recently invested in strategic partnerships and joint ventures to develop or manage ASCs as a way to grow and increase ambulatory market share.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.