The 58,000-square-foot hospital includes 20 private patient suites, five operating rooms, a four-bed intensive care unit, three special procedure rooms as well as an adjoining 56,000-square-foot medical office building.
The Patient Protection and Affordable Care Act, passed in 2010, prohibits physician-owned hospitals that accept Medicare or Medicaid from opening or expanding. However, some healthcare organizations in Texas, such as Victory Healthcare, are working around PPACA restrictions by not accepting Medicare or Medicaid patients. Instead, they cater to a small patient market — patients covered solely by private insurers. Victory Medical Center Craig Ranch is a specialized surgical center, like other facilities owned by Victory.
More Articles on New Hospitals:
Kaiser Permanente to Open New Hospital in California Next Month
St. Charles Health Plans $30M Replacement Facility for Pioneer Memorial
Baylor Medical Center at Waxahachie to Begin Construction on $175.5M Replacement Facility
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.