The surgery center’s current facility is 8,000 square feet. The new building would be 27,960 square feet. The project is expected to cost $9 million.
Though the state approved the project, Excelsior Orthopaedics still needs to obtain approval from a number of agencies within the town.
In addition to expanding the size of the ASC, Excelsior Orthopaedics would grow the center’s workforce from 30 employees to 50, according to the report.
More articles on transactions and valuation issues:
6 recent physician-owned ASC openings, plans
3 recent ASC acquisitions
Orange Regional Medical Center plans ASC, MOB