Here’s what you should know:
1. Approximately $675 million will go into new construction, while $125 million will be for renovations.
2. Essentia is planning to build an entirely new hospital, a clinical building and an outpatient surgery center.
3. Essentia is reducing its downtown footprint by 240,000 square feet, leaving space for future development.
4. The project is expected to be complete by 2022.
More articles on transactions/valuations:
4 US cities make Deutsche Bank’s quality of life index: How do they rank on healthcare?
3 ASC strategies for hospitals, health systems facing volume & buyout threats
How a Nebraska-based ASC plans to grow in the next few years: 3 key questions with Tracy Hoeft-Hoffman
