Christus Santa Rosa Health System in San Antonio, Texas, will convert one of its ASCs to a surgical hospital and contract with a physician-owned company to co-manage the facility, according to a report by the San Antonio Express News and a news release by the health system.
Christus Santa Rosa Physician Ambulatory Surgery Center in Alamo Heights, Texas, will be converted into the surgical hospital at an anticipated cost of $25 million with an estimated completion date of Dec. 2011.
The health system will then contract with a physician-owned company to co-manage the facility; this partnership model is growing in popularity and can serve as an alternative to a joint venture or hospital employment of physicians.
"Throughout the planning process for the Alamo Heights hospital, we have been fortunate to develop co-management arrangements with our surgeon partners with the intent to improve patient outcomes, increase efficiency and lower our overall costs," said Christus Santa Rosa Health Care President/CEO Pat Carrier in the news release. "Once the facility is operational, our physicians and Christus Santa Rosa management team will be aligned toward a common goal."
Read the report by the San Antonio Express New about the Texas surgery center.
Read the news release about the conversion of Christus Santa Rosa Physician Ambulatory Surgery Center.