Drew Memorial Hospital to use loan to finance $16M surgery center project

Drew Memorial Hospital in Monticello, Ark., will use a loan from the United States Department of Agriculture to finance in part its $16 million surgery center project, according to an Advance Monticellonian report.

Advertisement

The surgery center project has been in the planning phase for two years.

The estimated price for the surgery center project changed from a proposed $23 million.

More articles on transactions and valuation issues:
University of Minnesota to build M Health Clinics & Surgery Center
Colorado Center for Reproductive Medicine opens ASC
3 ASCs opened or announced in January

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.