The Illinois Health Facilities and Services Review Board cast a split vote, four for and four against, on the Beloit Health System proposal to add a $16.3 million ambulatory surgery center at its NorthPointe Health and Wellness campus in Roscoe, Ill., according to a Rockford Register Star report.
The project needed five votes for approval, and one board member was absent. The split vote means the health system will receive an "intent to deny" notice, but it can rework its proposal and represent it at an upcoming board meeting.
The board members in support of the project commented on the expanded access to care the ASC would provide, while those that voted against it mentioned concern over the size of the project and the potential impact on nearby providers.
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The project needed five votes for approval, and one board member was absent. The split vote means the health system will receive an "intent to deny" notice, but it can rework its proposal and represent it at an upcoming board meeting.
The board members in support of the project commented on the expanded access to care the ASC would provide, while those that voted against it mentioned concern over the size of the project and the potential impact on nearby providers.
More Articles on Transactions and Valuation Issues:
4 Recent ASC Industry Acquisitions
3 Recently Opened & Expanded Ambulatory Surgery Centers
Regent Surgical Health Opens Joint Venture Surgery Center in Portland: 5 Things to Know