In response to the need for psychiatric services, US Healthvest has been granted a
certificate of need to add 100 inpatient psychiatric beds to the campus.
Later, proponents also claimed that CON laws could reduce mortality: "repeal of
certificate of need regulations may have adverse effects on patient outcomes and may promote the development of low-volume surgical programs.
All hospitals must obtain a
certificate of need from the Oregon Public Health Division before they are built.
s request for a
certificate of need for a 10 million cubic-yard expansion.
Aspen Development Corporation has entered into a contract to sell the property to an affiliate, Buckingham Place of South Brunswick LLC, which has been granted a
certificate of need to construct and operate the facility.
Upon closing, Vista Medical Center West will be renamed Lake Behavioral Hospital and carries a
certificate of need for 46 inpatient psychiatric beds.
The merger will require approval from several regulatory agencies, including the Washington Department of Health's
Certificate of Need program.
The state
Certificate of Need board is expected to begin reviewing the proposal in March.
If a
certificate of need is required, this time-consuming approval should be addressed first and will drive the timetable for closing the transaction.
The purchaser has a New Jersey Health Department
Certificate of Need for the assisted living facility, and our client is an affiliate of the purchaser.
