Despite financial losses, Providence still chooses to expand. The Washington, D.C.-based health system announced plans to invest Monday 712 million dollars at facilities in Orange County, California. He said the investment would help increase access to emergency services in the southern region of the county.
Providing services in seven states, Providence is a 52-hospital health system. With this announcement, the health system is adding two new medical centers as well as a new patient tower.
The tower will provide about 100 private patient rooms for Providence Mission Hospital in Mission Viejo, which currently has 504 beds. The expansion also will allow the hospital to build operating suites with more space and improved technology, said Seth Teigen, the hospital’s chief executive officer. The clinical areas that will benefit most from the new operating suites are neurology, cardiovascular and maternity, according to Teigen.
The Providence Mission Hospital expansion will also include a new multispecialty ambulatory surgery center on campus. The health system expects the center to attract new physician partners as well as make surgical care more streamlined for patients.
The two new medical centers will be built in San Clemente and Rancho Mission Viejo.
The community of San Clemente has lacked access to emergency medical care for several years – the city’s only hospital closed in 2016.
“Our new multi-specialty health center will be centrally located near the Outlets at San Clemente and will greatly improve convenience and access to care,” said Teigen. “One of the continuing concerns among San Clemente residents is travel time to quality health care.”
The medical center will offer urgent care services provided by emergency medicine physicians, a full-service imaging and diagnostic center, and a multi-specialty clinic with primary care physicians, an obstetrician-gynecologist and other specialty care providers.
Providence will build a similar but larger health center in Rancho Mission Viejo. That community is growing — 16,000 new homes will be built there over the next 15 years, according to Teigen.
“The residents of Rancho Mission Viejo are even further away from high-acuity emergency care, so this health center becomes even more important to the overall health and well-being of the community,” he said.
Tiegen called all of these expansions “vital,” saying that Providence would not be able to support its entire patient base in Orange County without these new facilities.
The new expansion comes amid financial problems — those of Providence the latest quarterly report disclosed that it ended the first two quarters of this year with an operating loss of $934 million. To respond, the health system announced this summer that it had adopted a new model of work which requires “a tighter executive team and a more nimble administrative structure.”
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