Queen's Health Systems, which owns Queen's Medical Center in Honolulu, has closed its acquisition of Hawaii Medical Center West in Ewa Beach from Honolulu-based St. Francis Healthcare System of Hawaii, according to a Pacific Business News report.
Queen's Health signed a letter of intent to acquire Hawaii Medical Center-West in May. The hospital closed down operations Dec. 28, 2011.
Approximately $21.2 million went toward the purchase of land and the building, but Queen's Health plans to spend $73.2 million in total for the acquisition and planned improvements to the facility, according to regulatory filings with the State Health Planning and Development Agency. Approximately $25 million has been marked for the expansion and modernization of emergency, surgical and imaging services and $27 million will go toward equipment purchases for the hospital.
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Queen's Health signed a letter of intent to acquire Hawaii Medical Center-West in May. The hospital closed down operations Dec. 28, 2011.
Approximately $21.2 million went toward the purchase of land and the building, but Queen's Health plans to spend $73.2 million in total for the acquisition and planned improvements to the facility, according to regulatory filings with the State Health Planning and Development Agency. Approximately $25 million has been marked for the expansion and modernization of emergency, surgical and imaging services and $27 million will go toward equipment purchases for the hospital.
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