HCA Healthcare Inc (NYSE:HCA) Spends $22M For Teaching Hospital

NEOS

The stock of HCA Healthcare Inc (NYSE:HCA) closed at $77.45 gaining 0.82% in yesterday’s trading session. This company is confident that it made the right move by choosing to spend $22 million in the acquisition of a Davie property and its next goal with be to set up a teaching hospital near Nova Southeastern University.

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It hopes to commit more of its resources to setting systems in place as well as employing highly qualified personnel to ensure that it offers top end training services. It hopes to be able to promote better services delivery to patients around the globe as well.

HCA Health Services of Florida takes immense pride in the fact that it managed to buy about 7.5 acres.  The president of NSU, George Hanbury has given his statement outlining that the sold land covered the southern portion of a shopping center as well as a section of the parking lot.

The University Associates took to selling about 1.5 acres at $1.9 million to HCA. Currently, the hospital company has under its name a 30-acre property lying next to NSU’s campus.

HCA has at the moment established a free-standing emergency room as part of its plan to ensure that operations proceed smoothly. The state has given its approval to the company and within a short period of time it is expected to undertake the construction of a 200-bed hospital .After this, the next move will be to transfer the same number of beds from Plantation General Hospital.

Hanbury revealed that the hospital was going to break ground in Hanbury and it will be a matter of between 24 to 30 months for the project to be completed.

Hanbury opined, “The hospital is the centerpiece of NSU’s Academical Village mixed-use project on the site. Future phases will include a hotel, an academic and medical office building, retail and residential.”

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