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 patients need. _____________________________ • • Larger Imaging Department 25 Private Patient Rooms • • Inpatient and Outpatient 3 additional Emergency/Trauma rooms • Rehabilitation Gyms Decontamination Room • • Chapel with stained glass Dedicated Endoscopy/Colonoscopy Area • preserved from current hospital Larger Lab Department • Telemedicine Room • Larger Pharmacy with automated • Community meeting space medicine distribution • Large public dining area • Specialty Clinic inside hospital • • Ample parking Healing Garden
CONSTRUCTION PHOTOS Front with dining area, rehabilitation gyms and sun deck.
CONSTRUCTION PHOTOS Exterior of entry tower and stairs leading to second floor.
CONSTRUCTION PHOTOS West side with specialty clinic and patient rooms.
CONSTRUCTION PHOTOS North side (back) exterior with ambulance entry and patient rooms.
CONSTRUCTION PHOTOS East side with emergency entrance and chapel. .
AFFILIATION DISCUSSIONS Boards and Agreement - Executives Letter of Intent Board Approval Negotiations Due Certificate of Need Approval Diligence Public Input
OPTIONS for SVHD Continue current strategic plan Affiliate with a larger health Or and offer same services. system with expanded services. • • Continue to provide same health care Assure that needed healthcare services at SVH and 5 clinics. services are easily accessible no matter what happens with CAH status. • $38 million in additional hospital debt over • next 30 years for new facility. Provide possibility of new services and streamlined access to specialty care. • SVH would be unable to survive financially • if changes in Critical Access program Improve financial strength and growth eliminates cost-base reimbursement. potential of the hospital .
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.
BENEFITS TO OVERLAKE • 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.
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
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