Healthcare Finance News December 20, 2024
The largest chunk of the money will expand outpatient care in 10 Advocate Health Care Neighborhood Care locations.
Chicago-based Advocate Health Care is planning to spend $1 billion to improve access to primary and specialty care, as well as wellness services, by investing in a new hospital and extended outpatient programs.
The wellness model, as Advocate frames it, will entail putting $300 million of that funding toward the new hospital, which will feature 52 beds with 36 medical surgery beds, four ICU beds, eight dedicated observation beds, a four-bed dialysis unit and an emergency room with 16 beds/bays, enabling Advocate to expand services and beds if there’s a need.
In addition to providing inpatient care, the new hospital will have...