The Surgery Center of Southern Oregon in Medford has announced plans for a 1,081-square-foot expansion of its existing building and plans to add a 12,396-square-foot facility north of its current location, according to a Mail Tribune report.
The first floor of the new building would include a GI procedure center with four operating rooms and 12 recovery rooms. The second floor is intended to eventually become an overnight recovery area for patients.
Physicians own a majority of the center, with not-for-profit organization Asante owning 20 percent.
Once the expansion is complete, it is estimated the center will perform from 2,500 to 3,000 more procedures each year.
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The first floor of the new building would include a GI procedure center with four operating rooms and 12 recovery rooms. The second floor is intended to eventually become an overnight recovery area for patients.
Physicians own a majority of the center, with not-for-profit organization Asante owning 20 percent.
Once the expansion is complete, it is estimated the center will perform from 2,500 to 3,000 more procedures each year.
More Articles on Transactions and Valuation Issues:
Physicians Realty Trust 4Q Revenue Up 90%
20 Surgery Centers Expected to Open in 2014
How Do ASC Patient Market Factors Affect Valuation? 10 Statistics