ASC Transactions & Valuation Issues
Olean General Hospital in New York Receives Funding for New ASC
Olean (N.Y.) General Hospital will receive $23 million to build an ASC and refinance debt, according to Olean Times Herald report.
The financing was approved by Cattaraugus County lawmakers.
The 22,000-square-foot ASC will include four ORs and three endoscopic suites, according to a news release from Olean General about the ASC, issued in June.
The news release indicated the project would break ground in late September.
Read the Olean Times Herald report on the Olean General surgery center (subscription required for full report).
Read the June news release from Olean General on the new Olean ASC.
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