7 Recent Strategic Investments by Hospitals

Here are seven strategic investments by hospitals made in the last three weeks, beginning with the most recent.

1. Hamden, Conn.-based Quinnipiac University decided to affiliate its Frank H. Netter MD School of Medicine with Middlesex Hospital in Middletown, Conn., forming a five-year clinical partnership.

2. Atlanta-based Piedmont Healthcare created South Region, a collaboration between the three Piedmont-affiliated hospitals on the south side of Atlanta.

These hospitals — Piedmont Fayette Hospital, Piedmont Newnan Hospital and Piedmont Henry Hospital — will work together to enhance patient safety, integrate clinical services where possible and engage employees across the system.

3. CHRISTUS Santa Rosa Hospital-Medical Center in San Antonio signed a letter of intent with Birmingham, Ala.-based HealthSouth to sell its inpatient rehabilitation unit to the rehabilitation hospital operator.

CHRISTUS Santa Rosa previously announced it will transition its City Centre campus to a freestanding children's hospital.

4. Providence, R.I.-based Care New England Health System and Brown University signed an affiliation agreement to strengthen ties between Women & Infants and Butler Hospitals and Brown's Alpert Medical School.

5. Sacramento, Calif.-based Sutter Health will invest $20 million over three years to expand its research and development functions and better align its current research programs.

6. The board of directors at Phoenix-based Banner Health approved plans to build four new Banner Health Centers in Maricopa County, Ariz., expanding the reach of the health system's primary care services.

7. Florida Hospital in Orlando is adopting a new strategy to gain a certificate of need for a new hospital.

The hospital plans to build a hospital in Winter Garden, Fla., in the future. Instead of applying for a CON immediately, however, the hospital plans to first build a freestanding emergency department and medical office building, which, because they are outpatient facilities, do not require a CON in Florida. Then, when the population increases, the hospital will apply for a CON for a new inpatient facility.

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