The Lakewood Hospital in Cleveland will be replaced by a new ambulatory and emergency clinic under a public-private partnership with the city of Cleveland and the Cleveland Clinic. The project will cost more than $120 million, according to an article on the Healthcare Finance website.

The new outpatient facility reflects changes in the way healthcare is delivered, Cleveland Clinic CEO Toby Cosgrove said in the article.

“Healthcare in America is in the midst of an unprecedented transformation and the way care is delivered to patients is rapidly shifting from inpatient hospital care to outpatient and home care.” 

Cleveland Clinic, which manages Lakewood Hospital, plans to build the estimated $34 million, 62,000-square-foot family health center, including a full-service emergency department.

The new facility will include primary care and specialty programs concentrated on diabetes, geriatrics and cardiac care.

Read the article.