MUSC will buy the acres in Indian Land, S.C., for $10 million. The land, which is part of the Charlotte-Concord-Gastonia metropolitan area, is located along the North Carolina and South Carolina state line, according to the report.
The purchase comes about a year after the health system bought the nearby 211-bed Lancaster (S.C.) Medical Center.
MUSC CEO Patrick Cawley, MD, said the new facility will be in the northern part of Lancaster County, to serve a broader population, according to the report.
The health system’s board approved the purchase Feb. 13.
More articles on healthcare industry transactions:
KKR, GK Investments in talks to acquire largest hospital operator in UAE
McKesson, Change Healthcare to end health IT partnership
Kentucky system to join Deaconess Health in July
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
