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froze and burst. The bad news? The facility flood-
ed. The good news? The facility flooded. Although
we took over ownership of a distressed property
that was going to cost us $250,000 to renovate, the
landlord's insurance company covered $125,000 of
the bill and kicked in another $75,000 to repair sig-
nificant mechanical issues. In the end, we spent
only $50,000 on the entire renovation. Of course,
we also had to invest about $1 million in capital
equipment to get the facility fully functional (see
"What It Takes to Add Outpatient Spine"). We
have a long-standing relationship with vendors at
our main surgery center, which has been open for
15 years, so we worked with them to outfit the
new space with the needed equipment and instru-
mentation.
The renovations, which transformed the look and
function of the entire building, took 10 months to
complete. We decided to transform the facility's pro-
cedure room into a fully functioning OR, so the
rehabbed facility now has 2 suites. The original OR
was developed for a neurosurgeon, so it's much larg-
er than a conventional room and easily big enough to
house the equipment needed to perform spine cases.
The room we outfitted is a conventional size OR and
appropriate for total joint cases. Patients are
prepped for surgery in the rooms and return to the
same space to recover where their personal belong-
ings and loved ones are waiting for them.
Inevitably, unexpected issues arose during the