July 28, 2016
Embree Group, based in Georgetown, TX near Austin, has filed applications to build micro hospitals in Plainfield, Noblesville and Indianapolis, IN. If approved, the developer will construct new buildings that measure approximately 19,000 square feet. The micro hospitals are smaller than full-service hospitals, which can be up to 100,000 square feet.
Micro hospitals are small-scale inpatient facilities, offering between eight and 10 beds that are used for observation and short-stay use. Typical services offered include imaging, pharmacy, lab services and emergency assistance. The average cost to develop such a facility can range from $7 million to $30 million, depending on location and types of services offered.
Hospital industry officials suggest that micro hospitals represent a new and small niche active in Denver and Phoenix. But, they have yet to pop up in the Midwest.
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