Methodist Healthcare’s $280 million project in Memphis is starting as 'need' rule ends, according to an article on the Commercial Appeal website.
Tennessee's four-decades-old requirement for a "certificate of need" from the state Health Services Development Agency for hospital capital expenditures of more than $5 million recently ended.
Of the $280 million project described in Methodist's application, only one issue would require "certificate of need" approval with the regulatory changes coming July 1.
The Methodist University Hospital project includes a 10-story patient tower that will house all acute care beds, 204 of 617 licensed beds on the campus. Surgery, imaging, pharmacy and enhanced centers of excellence for the West Cancer Center and Methodist University Hospital Transplant Institute also will occupy the tower.