Palisades Medical Center is planning to build a new medical office building, one floor of which would include an ambulatory surgery center, according to a North Jersey report.
The proposed four-story, 56,000-square-foot facility in North Bergen, N.J., would include two stories of parking, one floor for an ASC and outpatient dialysis center, and one floor for physician offices. An estimated 15 to 20 physicians would share the office space.
According to hospital vice president and COO David Berkowitz, a new medical office would provide the hospital with no revenues. Several hospitals in the surrounding area have closed due to financial problems and reopened as for-profit facilities.
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The proposed four-story, 56,000-square-foot facility in North Bergen, N.J., would include two stories of parking, one floor for an ASC and outpatient dialysis center, and one floor for physician offices. An estimated 15 to 20 physicians would share the office space.
According to hospital vice president and COO David Berkowitz, a new medical office would provide the hospital with no revenues. Several hospitals in the surrounding area have closed due to financial problems and reopened as for-profit facilities.
Related Articles on Transactions & Valuation:
Pennsylvania's Eye Specialists of Ohio Adds Surgery Center
St. Louis Hospitals Continue to Protest Surgery Center With Overnight Stay
Physicians Endoscopy Acquires Five Surgery Centers in 2012