$55M Kennedy University Hospital campus revamp to include surgery center

Kennedy Health System has proposed a $55 million overall of its Kennedy University Hospital campus in Cherry Hill, N.J., according to a report by The Philadelphia Inquirer.

A key component of the plan involves replacing a 24,000-square-foot medical office building with a 102,000-square-foot modern facility. The new facility will house a surgery center, medical offices, laboratory services and a rehabilitation program.

If the project receives approval from the township, construction could begin before the end of the year.

More articles on transactions and valuation issues:
9 recent ASC acquisitions
6 recently opened or expanded ASCs
5 articles on ASC physician buy-in

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.