Cadence Health System, the new name for the merger of Winfield, Ill.-based Central DuPage Health and Geneva, Ill.-based Delnor Health System, has proposed a new cancer treatment center, according to a Crain's Chicago Business report.
The health system proposed a nearly $20,000, 38,000-square-foot outpatient center that would offer radiation and intravenous infusions, among other non-surgical cancer treatments. The project would consist of a 29,500-square-foot addition to Delnor-Community Hospital and a renovation of approximately 8,000 square feet in the hospital.
Delnor physicians will begin offering radiation treatment next month, ending its joint venture with the physician's group Nuclear Oncology Medical Care, which currently provides the service, according to the report.
Cadence expects the Delnor Comprehensive Cancer Center to increase its share of the radiation therapy market from 4.8 percent in 2010 to 6 percent in 2016 and the IV therapy market from 7.4 percent in 2010 to 8.3 percent by 2016. Despite this optimism, three hospitals within 25 miles of Delnor — Edward Hospital and Health Services in Naperville, Ill., Sherman Hospital in Elgin, Ill., and Elmhurst (Ill.) Memorial Hospital — have opened new oncology services in the past two years, which could represent competition for Cadence.
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The health system proposed a nearly $20,000, 38,000-square-foot outpatient center that would offer radiation and intravenous infusions, among other non-surgical cancer treatments. The project would consist of a 29,500-square-foot addition to Delnor-Community Hospital and a renovation of approximately 8,000 square feet in the hospital.
Delnor physicians will begin offering radiation treatment next month, ending its joint venture with the physician's group Nuclear Oncology Medical Care, which currently provides the service, according to the report.
Cadence expects the Delnor Comprehensive Cancer Center to increase its share of the radiation therapy market from 4.8 percent in 2010 to 6 percent in 2016 and the IV therapy market from 7.4 percent in 2010 to 8.3 percent by 2016. Despite this optimism, three hospitals within 25 miles of Delnor — Edward Hospital and Health Services in Naperville, Ill., Sherman Hospital in Elgin, Ill., and Elmhurst (Ill.) Memorial Hospital — have opened new oncology services in the past two years, which could represent competition for Cadence.
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