Former Physician-Owned Orthopedic Hospital Starts $15.9M Expansion

Mount Carmel New Albany (Ohio) Surgical Hospital has begun a $15.9 million expansion adding 18 beds and four ORs, according to a report by the Columbus Dispatch.

Advertisement

When the 42-bed, eight-OR orthopedic hospital opened as a physician-owned facility in 2003, it faced stiff resistance from area hospitals. Then it was acquired in 2007 by Mount Carmel, which currently operates four hospitals in central Ohio.

New Albany hosted 7,000 surgeries in 2006, one year before the merger, and 8,813 in 2009, two years afterward.

Read the Columbus Dispatch’s report on Mount Carmel New Albany Surgical Hospital.

At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.

Advertisement

Next Up in Leadership & Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.