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AFFILIATION UPDATE
New 70,000 sq. ft. hospital opening in 2015
New hospital located at 9801 Frontier Ave. SE, off of I-90, Exit 25.
NEW HOSPITAL SITE
I-90
Exit 25
AFFILIATION UPDATE New 70,000 sq. ft. hospital opening in 2015 NEW - - PowerPoint PPT Presentation
AFFILIATION UPDATE New 70,000 sq. ft. hospital opening in 2015 NEW - - PowerPoint PPT Presentation
AFFILIATION UPDATE New 70,000 sq. ft. hospital opening in 2015 NEW HOSPITAL SITE Exit 25 I-90 New hospital located at 9801 Frontier Ave. SE, off of I-90, Exit 25. NEW HOSPITAL FEATURES We will have more space to deliver the services our
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- 25 Private Patient Rooms
- 3 additional Emergency/Trauma rooms
- Decontamination Room
- Dedicated Endoscopy/Colonoscopy Area
- Larger Lab Department
- Larger Pharmacy with automated
medicine distribution
- Specialty Clinic inside hospital
- Healing Garden
- Larger Imaging Department
- Inpatient and Outpatient
Rehabilitation Gyms
- Chapel with stained glass
preserved from current hospital
- Telemedicine Room
- Community meeting space
- Large public dining area
- Ample parking
NEW HOSPITAL FEATURES
We will have more space to deliver the services our patients need.
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CONSTRUCTION PHOTOS
Front with dining area, rehabilitation gyms and sun deck.
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CONSTRUCTION PHOTOS
Exterior of entry tower and stairs leading to second floor.
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CONSTRUCTION PHOTOS
West side with specialty clinic and patient rooms.
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CONSTRUCTION PHOTOS
North side (back) exterior with ambulance entry and patient rooms.
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CONSTRUCTION PHOTOS
East side with emergency entrance and chapel. .
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AFFILIATION DISCUSSIONS
Negotiations
Letter of Intent Agreement - Board Approval Due Diligence
Certificate of Need
Approval Boards and Executives Public Input
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OPTIONS for SVHD
Continue current strategic plan and offer same services. Affiliate with a larger health system with expanded services.
- Assure that needed healthcare
services are easily accessible no matter what happens with CAH status.
- Provide possibility of new services and
streamlined access to specialty care.
- Improve financial strength and growth
potential of the hospital.
- Continue to provide same health care
services at SVH and 5 clinics.
- $38 million in additional hospital debt over
next 30 years for new facility.
- SVH would be unable to survive financially
if changes in Critical Access program eliminates cost-base reimbursement.
Or
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BENEFITS OF AFFILIATING
- Brands the hospital with a healthcare system that is also highly
regarded and well-utilized in the Snoqualmie Valley.
- Creates ability to expand services.
- Positions hospital for future growth.
- Provides access to more capital funding.
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- Increases market share in Snoqualmie Valley; one of the Eastside’s fastest
growing areas.
- Enables Overlake to build upon existing partnerships with SVHD and the
Snoqualmie Valley community.
- Extends Overlake’s services and physician base into the Snoqualmie Valley.
- Expands Overlake’s continuum of care through SVH’s Critical Access Status
and Swing Bed Program.
BENEFITS TO OVERLAKE
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TIMELINE FOR AFFILIATION
- October – December 2014
- Draft agreement terms subject to approval
- Hospital District #4 Commissioner approval
- Overlake Board Committee approval
- File Certificate of Need
- January – March 2015
- Certificate of Need and Regulatory approval process continues
- March – May 2015
- If agreement is reached, hospital will open under Overlake banner