UVM Medical Center Submits Plan to Purchase Fanny Allen Campus to GMCB

The University of Vermont Medical Center has submitted a certificate of need (CON) to the Green Mountain Care Board, seeking approval to purchase the Colchester-based Fanny Allen Campus from its current owners for $17.3 million. The CON submission comes as Fanny Allen’s current owners, Covenant Health, a Catholic health care system that currently holds the property through Fanny Allen Holdings, say they will sell the 22-acre campus which UVM Medical Center currently leases. UVM Health Network and Medical Center leaders say securing the hospital’s Fanny Allen-based operations is critical to ensure continuity of care for thousands of patients who access clinical services located on the campus and to improving long-term financial stability for the region’s only tertiary care facility.

Read the full article: UVM Medical Center Submits Plan to Purchase Fanny Allen Campus to GMCB //

Source: https://www.uvmhealth.org/news/uvmhn/uvm-medical-center-submits-plan-purchase-fanny-allen-campus-gmcb

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