Thread: Cancer Center
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Old 09-29-2010, 06:51 PM
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Way back in post #1 I thought that Mr. Morse was going to truly devleop the cancer center to avoid CFHA having to file a CON. Now I just don't know, and CFHA is not replying to my requests for information. By develop, I mean finance and own the facility. He would therefor be able to bill and collect patient revenue. If the demographics are what I think they are, it is a very profitible enterprise. If he is, in fact, leasing space to CFHA and they are the owners, that is a different story somewhat. Mr. Morse will be able to collect rent (at fair market value) and whe will turn a fair profit. No problem there. If the equipment is donated to CFHA, then they will save about $125,000 per month in expenses. The center will be very profitable for CFHA. I do notice that the developer of the Leesburg facility is not asking for any donations as of yet.
I have not heard of CFHA filing for a CON (certificate of need) for either facillity.
Let's just see how this plays out.
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