{"id":2466,"date":"2016-10-05T09:57:50","date_gmt":"2016-10-05T14:57:50","guid":{"rendered":"http:\/\/kbicblog.com\/blog\/healthcare-finance\/?p=2466"},"modified":"2016-10-04T15:22:14","modified_gmt":"2016-10-04T20:22:14","slug":"micro-hospitals-financial-salvation","status":"publish","type":"post","link":"https:\/\/kbicblog.com\/healthcare-finance\/industry-news\/micro-hospitals-financial-salvation\/","title":{"rendered":"Micro-Hospitals Could Prove Financial Boon and Salvation to Healthcare Systems"},"content":{"rendered":"
\"Micro-Hospitals<\/a>
Dignity Health<\/strong><\/em><\/figcaption><\/figure>\n

So-called micro-hospitals<\/em> — acute care facilities with six to 10 beds — could actually prove to be big moneymakers for healthcare systems.<\/p>\n

The Indianapolis Business Journal<\/i> has reported<\/a> that such hospitals can allow healthcare systems to bypass site neutrality rules that prohibit\u00a0billing at inpatient rates if a facility is located more than 250 feet from an acute care facility. Moreover, their construction costs, at between $7 million and $30 million, are a fraction of what it costs to build a full-size hospital.<\/p>\n

Most micro-hospitals are open around the clock like a typical acute care facility, but they tend to offer limited services, such as observation care and short stay inpatient admissions.<\/p>\n

Follow Kaye\/Bassman Healthcare Finance on Twitter<\/a>!<\/strong><\/em><\/p>\n

St. Vincent Health, located\u00a0in the Indianapolis area, said it planned to build at least eight of the pint-sized facilities in the coming years. \u201cThere were a number of areas we felt did not have a physical presence and patients are asking for our services,\u201d St. Vincent CEO\u00a0Jonathan Nalli told the In<\/em>dianapolis Business Journal<\/i>. \u201cSo we\u2019ve set out on a journey and a strategy of, \u2018How do we best locate where those opportunistic areas are?\u2019\u201d<\/p>\n

Micro-hospitals have also opened up in Arizona, Colorado and other western states, according to the article. Dignity Health has also announced plans to open some in Nevada in conjunction with its\u00a0St. Rose Dominican Hospitals, FierceHealthcare <\/em>has previously reported.\u00a0However, they appear primarily targeted to urban areas where patients are seeking the level of convenience and access offered by urgent care centers. Micro-hospitals\u00a0are also seen as a potential model\u00a0to alleviate the financial woes<\/a> of major hospital systems in some states, such as New York.<\/p>\n

\u201cI wouldn\u2019t be surprised if we saw 20 to 30 over the next five years,\u201d Ed Abel, director of the healthcare practice at the accounting firm Blue & Co., told the Indianapolis Business Journal<\/i>.<\/p>\n","protected":false},"excerpt":{"rendered":"

So-called micro-hospitals — acute care facilities with six to 10 beds — could actually prove to be big moneymakers for healthcare systems. The Indianapolis Business Journal has reported that such hospitals can allow healthcare systems to bypass site neutrality rules that prohibit\u00a0billing at inpatient rates if a facility is located …<\/p>\n","protected":false},"author":26,"featured_media":2467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[308],"tags":[279,567,150,390,287,84,566,565,568],"class_list":["post-2466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-blog","tag-dignity-health","tag-healthcare-costs","tag-healthcare-finance-executive-search","tag-healthcare-finance-news","tag-kbic","tag-micro-hospitals","tag-micro-hospitals-could-prove-financial-boon-and-salvation-to-healthcare-systems","tag-urgent-care-centers","column","threecol","has-thumbnail"],"yoast_head":"\nMicro-Hospitals Could Prove Financial Salvation to Healthcare 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