Craig Hospital raises $73 million for expansion — 5 notes

Englewood, Colo.-based Craig Hospital raised $73 million in capital to expand and help patients pay for care, according to Business Den.

Advertisement

Here are five notes:

 

1. Craig Hospital specializes in spinal cord and brain injury rehabilitation.

 

2. The hospital will use some of the funds to finance a construction project that will expand the hospital from 135,000 square feet to 220,000 square feet.

 

3. Exceeding its $68 million goal, Craig Hospital sought donations from former patients and donors.

 

4. Construction began in August 2014, adding a fourth floor to the original structure and opening a two-story annex called PEAK Wellness center.

 

5. Craig Hospital will allot $50 million for construction, and the remaining $23 million will go toward programming and financial aid for patients.

 

More articles on spine:
Oxford University Press journals adds Pain Medicine — 4 highlights
Back Pain Centers of America names Erika Rosenthal VP: 4 points
6 key points on TLIF

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in Spine

Advertisement

Comments are closed.