New estimates are once again predicting that the State Health Plan faces a deficit in the not-too-distant future. Plan executive administrator Tom Friedman’s briefing of trustees on Tuesday shows its cash balance dropping into negative numbers by the middle of 2027. “We’re candidly never going to be done having to actively manage this thing, Friedman […]
Novant Health says its $336.4 million proposal to build a 50-bed acute-care hospital on the southwestern outskirts of Kannapolis is partially intended to bring some much-needed competition to the region health-care sector. Its construction would offer “a vital alternative to Atrium Health,” which is currently “the sole provider of acute care” services in Cabarrus County, […]
Only about a month after entering a joint venture with UNC Health on a new children’s hospital, Duke Health says it and Novant Health are going “to develop new campuses across North Carolina that will expand access to affordable, high-quality care.” In a joint news release on Monday, Duke and Novant officials said they “believe […]
Medical providers have filed new certificate-of-need applications that could result in almost $772 million of capital spending if all their projects get approved by the N.C. Department of Health and Human Services. Four projects out of the 27 would account for the bulk of the cost: Novant Health wants to build a 50-bed acute-care hospital in […]
