Welspan Health partnered with Amerus to build three small neighborhood hospitals in central Pennsylvania, where it is expanding its facilities.
The York, Pennsylvania-based system, which has eight hospitals across the state, plans to build three facilities in Cumberland and York counties amersA micro hospital provider Who will operate and staff the facilities. Micro-hospitals, which typically offer low-intensity emergency and inpatient care and outpatient services, feature a small footprint compared to general hospitals.
velspan is in the midst of a $255 million expansion of its York Hospital, which includes a new, eight-story surgical and critical care tower. The project is planned to be completed in 2025.
“These neighborhood hospitals will dovetail perfectly with the work we are doing at our larger hospital,” said Dr. Anthony Aquilina, Chief Physician Executive of Welspan. “This will be part of our healthcare continuum that will reduce access gaps in emergency care.”
Health systems in Pennsylvania may continue to add to their core patient markets organically or through acquisitions as their competitors grow. based in Oakland, California Kaiser Permanente last month proposed to acquire Danville, Pennsylvania-based Ginger, While the Welspan-Ameras partnership has been in the works for about a year, the Kaiser-Geisinger transaction is expected to Accelerating Hospital Merger & Acquisition Activity Between Pennsylvania health systems.
Welspan and Amerus plan to begin construction by the end of the year and potentially open the facilities by late 2024. The organizations said the micro-hospitals would have 10 inpatient beds. The specific locations and service offerings are being finalised.
Welspan reported operating income of $28.7 million on revenue of $1.82 billion during the six months ended December 31, according to its unaudited financial statements. That was down from $134.2 million of operating income on $1.79 billion in revenue during the same period in 2021.