The town of Vail, Colo., is partnering with Vail Valley Medical Center, the Steadman Clinic, the Steadman Philippon Research Institute, Howard Head and Vail Valley Surgery Center to create a 56,000-square-foot medical campus, according to a Vail Daily report.
The combined medical businesses have an economic impact of about $100 million a year, generating about a third of the town's sales tax dollars. According to the report, the Vail Valley is "well positioned" to reap the economic benefits of the growing industry.
Lyon Steadman, CEO of the Steadman Clinic, said the area wants to become the "orthopedic Silicon Valley."
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The combined medical businesses have an economic impact of about $100 million a year, generating about a third of the town's sales tax dollars. According to the report, the Vail Valley is "well positioned" to reap the economic benefits of the growing industry.
Lyon Steadman, CEO of the Steadman Clinic, said the area wants to become the "orthopedic Silicon Valley."
Related Articles on Transactions and Valuation:
PA's Tri-State Surgery Center Set to Relocate, Double in Size
NY's Unity Health System Set to Acquire Linden Oaks Surgery Center
Wyoming's Gem City Bone & Joint Center Adopts New Name Amid Rapid Growth