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Missouri's St. Francis Medical Center Enters Joint Venture for 3-Bed Hospital

St. Francis Medical Center in Cape Girardeau, Mo., and Poplar Bluff (Mo.) Medical Partners are planning a joint venture, three-bed hospital in Polar Bluff, Mo., according to a Southeast Missourian report.

The hospital, which will be named Black River Community Medical Center, is the second three-bed hospital the Missouri Health Facilities Review Committee has granted a certificate of need for this year as providers focus efforts in outpatient care.

While the initial license will be for three beds, officials say the joint venture’s goal is to steadily expand into a 150-bed facility.

Read the Southeast Missourian report on Poplar Bluff Medical Center.

Related Articles on Hospital Joint Ventures:
Illinois' DuPage Medical Group, Edward Hospital Form Joint Venture
7 Critical Areas of Focus for a Successful Turnaround of a Physician/Hospital Joint-Venture ASC
Alabama's Helen Keller Hospital to Enter Surgery Center Joint Venture With Physicians

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