Commission authorizes issuance of $5M in bonds to finance Freeman Health System project

Joplin, Mo.-based Freeman Health System will use $5 million in bonds to finance a project in Webb City, Mo., according to The Joplin Globe.

The bonds, which were approved this week by the Jasper County Commission, will be used to renovate a former warehouse building in Webb City to be used for medical offices, according to the report.

Ultimately, the former warehouse building is set to house Freeman's Urgent Care, which is currently in rented space, as well as primary care offices and a dialysis unit.

The funding comes via a loan from Commerce Bank, according to the report.

More articles on projects:

Cerner acquires $500M in debt to fund future projects

8 recent hospital, health system capital projects

Geisinger Health System to receive $5.4M for projects Geisinger Health System to receive $5.4M for projects

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars