Here’s what you should know:
1. The facility will include 180 exam rooms, imaging services, 10 new cardiac, lung and kidney specialists and an ASC.
2. The ASC will have five surgical suites and two endoscopy suites.
3. The whole facility is a joint venture between Cherokee Nation and Indian Health Service. Cherokee Nation believes the facility will open in 2019.
4. IHS will pay $80 million annually for at least 20 years for staffing and operational costs. Cherokee Nation is paying $200 million to cover the center’s construction costs.
More articles on transactions/valuations:
Envision Healthcare’s operating expenses jump 191.4% in first half of 2017 & more — 5 ASC company key notes
6 key trends when buying and financing ASC ownership
Digestive Health Associates merges with University of Maryland Community Medical Group — 3 insights
