The $9.3 million project was financed with equity put up by 20 physicians in the community, each of whom invested capital in exchange for a real estate interest in the project. The hospital will still lease the space, outfit it with equipment and manage its operation, but did not pay for any of the construction costs. The business arrangement marries the hospital and community, according to the report.
With the new outpatient center, patients will no longer have to visit different floors and wings of the hospital during the course of a same-day procedure, according to the report.
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