The state of Tennessee is reviewing its certificate of need process for healthcare facilities, suggesting changes that would increase competition and spending among health care organizations. according to an article on the Memphis Daily News website.
The certificate of need programs in Tennessee was set up to try to keep a handle on healthcare facility costs and to coordinate spending on construction and services.
It can take at least 120 days from the time an application is filed until it’s considered by the agency.
The flow of projects has improved in recent weeks, a result of things like “renewed confidence in the economy giving healthcare providers more confidence in making large capital expenditures in their facilities," the article said.