Quote:
Originally Posted by Dan9871
I thought the major impediment to building a hospital was getting clearance from the state to operate it?
Just a guess with 30,000 more houses being added on the southern end of the Villages in the next decade it seems like a new hospital could easily make money, esp. with the state limiting the construction of other hospital. That money will go to the first hospital group that gets the state to approve the building a new hospital.
As far as debt goes as long as there was a sound, believable business plan why does it matter if CFH add's to its debt to build it or some other hospital group does?
CFH has already said they have on land south of 44 to build a 24/7 free standing ER.
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FL Certificate of Need requirements are not nearly as stringent as they have been in the past. New facilities do need a CoN or a letter of exemption, but the addition of many routine services are no longer regulated.
Hospital financing is a complex issue. NFPs will typically sell bonds while investor owned groups have a little more flexibility in financing a new facility. As far as debt goes, the more debt an organization has the more difficult it becomes to add more debt for new construction. A 2 hospital org will typically have less opportunity to obtain financing than a 20 or 100 hospital org - assuming all have reasonable financial ratios.
Are you sure it’s CFH that has the 40 Acres south of 44? And not Florida Hospital or HCA?
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