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Originally Posted by dbussone
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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The article September 18th in the Daily Sun reported it was Central Florida Health building the new 24/7 ER on the 40 Acres just south of Brownwood.