Health Care-Related Public-Private Partnerships Will Likely Become the Norm in 2019

The objective was to test the possibility of having a private partner assume responsibility for supervision of the $203 million, 300,000-square-foot outpatient facility and the $318 million, 169-bed inpatient facility. The deadline for submitting proposals is Dec. 3. Earlier this year, Penn State Health announced plans to build a new health care facility in Cumberland County, which is the fastest-growing county in Pennsylvania. The project is planned as a 300,000-square-foot, three-story building with construction to begin in early 2019. This facility will have a 108-bed acute care hospital. Collaborative joint ventures are becoming the norm and health care P3s are likely to become common throughout the U.S. Mary Scott Nabers is president and CEO of Strategic Partnerships Inc., a business development company specializing in government contracting and procurement consulting throughout the U.S.
Source: The Health Care Blog - Category: Consumer Health News Authors: Tags: Hospitals The Business of Health Care health care partnerships health innovation health spending Mary Scott Nabers P3 public-private partnerships U.S. health spending Source Type: blogs