NASHVILLE -- Tennessee regulators approved a certificate of need for 758-bed Vanderbilt University Medical Center to build a new bed tower, add 141 beds and complete other projects totaling $234.4 million. Vanderbilt's CON also allows it to add 14 operating rooms and renovate and expand existing cardiac catheterization labs and operating rooms. The proposal faced no opposition from other providers. The board of the state Health Services and Development Agency also approved a $10.5 million renovation and expansion of the emergency room at 562-bed St. Francis Hospital, Memphis, according to the agency's general counsel. Tenet Healthcare Corp., Dallas, owns St. Francis. St. Francis' proposal was unopposed.
BIRMINGHAM, Ala. -- Carraway Methodist Medical Center, a 288-bed hospital, filed for Chapter 11 bankruptcy protection last month, a week after the announcement of its planned sale to for-profit Doctors Community Healthcare Corp., Scottsdale, Ariz. Doctors Community intends to proceed with the purchase, according to Carraway Methodist Health Systems, the medical center's parent, which owns no other hospitals. Six-hospital Doctors Community itself emerged from Chapter 11 in 2004. As part of the Chapter 11 proceedings, U.S. bankruptcy court in Birmingham will review the agreement between Carraway and Doctors Community and solicit competing offers. Carraway said the sale is subject to the court's assent and other governmental approvals.
JACKSONVILLE, Fla. -- Baptist Health said it will spend $400 million over five years to renovate and expand three Jacksonville hospitals: 547-bed Baptist Medical Center Downtown, 122-bed Baptist Medical Center South and 180-bed Wolfson Children's Hospital. The system will rely on an upcoming $100 million bond issue, operations and cash reserves to finance the projects, said Hugh Greene, Baptist's president and chief executive officer. Plans include $114 million for a 100-bed expansion and related construction at Wolfson Children's and $65 million for a new tower at Baptist South, which will add capacity for 80 beds. The system also will renovate and expand operating room suites at its flagship, Baptist Medical Center Downtown.