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In central Pennsylvania, where it has been steadily expanding its facilities, WellSpan Health teamed up with Emerus to build three small community hospitals.
The York, Pennsylvania-based organisation, which already operates 8 healthcare facilities across the state, is collaborating with Emerus, a micro-hospital startup, to establish the three centres in Cumberland and York counties. Micro-hospitals have a lower physical footprint than traditional hospitals because they provide less complex emergency, inpatient, and outpatient treatment.
WellSpan is currently eight stories into a $255 million expansion of its York health centre that includes a new surgical and vital care tower. In 2025, we hope to have completed the project.
Dr. Anthony Aquilina, WellSpan’s primary doctor executive, believes that the work being done at the larger health centre and the nearby medical institutions would have a “synergistic” effect. “This will be incorporated into our health care continuum to help fill in gaps in access to urgent care.”
Despite the expansion of their competitors, health care providers in Pennsylvania may continue to make organic or acquisitive contributions to their respective primary inpatient markets. The Oakland, California-based Kaiser Permanente proposed buying the Geisinger Health System in Danville, Pennsylvania last month. The Kaiser-Geisinger transaction is expected to increase healthcare facility merger and acquisition activity among Pennsylvania health systems, including the WellSpan-Emerus cooperation, which has been in the works for almost a year.
By the end of the year, WellSpan and Emerus plan to begin construction, with the hope of having the centres open by the end of 2024. The corporations have said that the micro-hospitals will have up to 10 beds available for patients. Specific locations and service provisioning are being worked out.
According to its unaudited financial statement, for the six months ending December 31st, WellSpan earned $28.7 billion on revenues of $1.82 billion. When compared to the same period in 2021, when revenues were $1.79 billion, operating profits amounted to less than $134.2 trillion.