Bon Secours Virginia and Norfolk, Va.-based Sentara Healthcare have agreed to joint venture on the development of Sentara Princess Anne Hospital, a nonprofit hospital in Virginia Beach.
The collaboration comes after Sentara had its Certificate of Public Need (COPN) application to build the 120-bed Sentara Princess Anne Hospital approved in March while Bon Secours saw its application for a nearby 90-bed hospital denied.
The COPNs for both applications are currently on appeal in court.
“By collaborating, we are able to jointly provide inpatient care to southern Virginia Beach residents in a more cost effective and timely manner,” said Michael Kerner, CEO of Bon Secours Hampton Roads, part of Bon Secours Virigina, in a Sentara and Bon Secours press release. “We are putting aside a long and costly regulatory process in favor of collaborating on our shared not-for-profit mission to meet the medical needs of our community.”
The joint venture hospital, which will increase the number of beds for the hopsital to 200, requires approval of a revised version of the Sentara COPN.
If approved, Sentara Princess Anne Hospital, which had its groundbreaking in June, would have inpatient beds from Sentara Bayside Hospital and Bon Secours DePaul Medical Center.
Read the press release on the Sentara Princess Anne Hospital joint venture.
The COPNs for both applications are currently on appeal in court.
“By collaborating, we are able to jointly provide inpatient care to southern Virginia Beach residents in a more cost effective and timely manner,” said Michael Kerner, CEO of Bon Secours Hampton Roads, part of Bon Secours Virigina, in a Sentara and Bon Secours press release. “We are putting aside a long and costly regulatory process in favor of collaborating on our shared not-for-profit mission to meet the medical needs of our community.”
The joint venture hospital, which will increase the number of beds for the hopsital to 200, requires approval of a revised version of the Sentara COPN.
If approved, Sentara Princess Anne Hospital, which had its groundbreaking in June, would have inpatient beds from Sentara Bayside Hospital and Bon Secours DePaul Medical Center.
Read the press release on the Sentara Princess Anne Hospital joint venture.