Here are four points:
1. The practices are asking the Onondaga County Industrial Development Agency for property tax exemptions worth an around $1.2 million over 10 years, in addition to other tax exemptions.
2. The new $11.59 million medical building will encompass 40,000 square feet.
3. SOS will occupy 12,499 square feet of space and Family Practice Associates will occupy 15,172 square feet. Syracuse-based Crouse Hospital will also lease space in the building.
4. Around 101 people will work in the new building, according to the two practices, of which 89 will be existing jobs and 12 will be new.
More articles on practice management:
How to establish a favorable EHR vendor relationship: 5 things to know
Gas line hit outside Missouri Orthopaedic Institute: 4 things to know
Summit Orthopedics to open new location in Eagan in February: 5 notes
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
