The expansion plans includes a new medical office building that will feature 22 treatment rooms and house eight physicians. The plans also include the relocation of the emergency room and the purchase of new medical equipment.
Hugh King, CFO of the health center, told the Daily Statesman that the hospital plans to borrow $20 million through the Stoddard County Industrial Development Authority, backed by a revenue pledge through Cape Girardeau, Mo.-based SoutheastHEALTH, according to the report.
More Articles on Hospital Expansions:
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St. Charles Health Plans $30M Replacement Facility for Pioneer Memorial
Baylor Medical Center at Waxahachie to Begin Construction on $175.5M Replacement Facility
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