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Queen's finalizes deal to acquire and reopen HMC-West

By Kristen Consillio

POSTED:
LAST UPDATED: 11:37 a.m. HST, Aug 27, 2012


The parent company of Queen's Medical Center has finalized a deal with St. Francis Healthcare System of Hawaii to acquire and reopen by fall 2013 the shuttered Hawaii Medical Center-West campus in West Oahu.

Queen's has agreed to purchase and renovate the Ewa hospital for $73.2 million, according to regulatory filings with the State Health Planning and Development Agency, which regulates health-care projects and acquisitions.

Queen's will pay $21.2 million for the land and building and earmarked $25 million for hospital renovations that will include an expansion and modernization of emergency, surgical and imaging services. It will invest another $27 million for equipment.

Queen's indicated it would pay $25.2 million in cash and finance the remaining $48 million. Queen's plans to hire approximately 400 employees to resume emergency room and hospital operations.

The closing date of the sale is slated for October.

 







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Oahuan wrote:
This is great news for the people on the Leeward and Central side of the island.
on August 27,2012 | 01:44PM
kainalu wrote:
Homeless? Stick them out on the Waianae Coast, otherwise, out west. Land fill? Stick it out in Kaena Pt., otherwise, out west. New UH Bio Lab? Stick out in Kalaeloa, otherwise, out west. Proposed development for the Island of Oahu? Put Hoopili and the rest of housing development out on the Ewa Plain, otherwise, out west. Hospital? ... Hospital? ... sure could use a hospital out west.
on August 27,2012 | 02:11PM
hanoz808 wrote:
pls employ english speaking staff..... i didnt like the feel of it being a third world country
on August 27,2012 | 03:36PM
kainalu wrote:
You haven't been following along. The "west" is a 3rd world country. See post above yours. Otherwise, they can have swahili speaking dragons running the hospital, build it, and they will come.
on August 27,2012 | 04:25PM
monkseal2 wrote:
ooga boogah!
on August 27,2012 | 10:59PM
allie wrote:
We need to open this ASAP! This is a dangerous situation for the beleaguered west side population.
on August 27,2012 | 03:39PM
TOWMOM1 wrote:
Thank you Queen's!!!!
on August 27,2012 | 09:52PM
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