Novant Health Agrees to $50 Million Commitment to Improve Pender Medical Center

Novant Health has agreed to this commitment for the next 10 years.

By HFT Staff


During a specially called meeting, the Pender County Board of Commissioners voted unanimously to finalize an agreement with Novant Health that includes a $50 million commitment to improve the Pender Medical Center in Burgaw, North Carolina, and increase access to healthcare services across Pender County. 

This agreement is designed to improve healthcare across Pender County because Novant Health plans to bring quality care to more people, thereby reducing health disparities across the region. 

In an outline of the proposal, Novant Health has committed to spending $50 million within the next 10 years in specific areas that include proposed building and facility improvements, new permanent medical equipment, and recruitment of new health care professionals to expand services. A priority goal within that timeframe is for Novant Health to further develop Pender Medical Center into a community general hospital. 

Details on the negotiations are confidential under state law but support five key goals agreed upon between Novant Health and Pender County. In addition to developing Pender Medical Center into a community general hospital within five years, the goals include: maintaining Pender Medical Center’s status as a critical access hospital, improving access to primary and specialty care in Pender County, recruiting specialty care physicians to offer services in Pender County, and maintaining and improving acute and ambulatory facilities in Pender County. 

Novant Health has been operating Pender Medical Center since 2021 under an operating agreement that was related to Novant Health’s purchase of New Hanover Regional Medical Center. The investment commitments announced are part of the transaction that will make Novant Health the owner of Pender Medical Center. 

The County, in addition to its professional staff, was represented by Ascendient Healthcare Advisors and the K&L Gates law firm who assisted in the negotiations. 



June 23, 2023


Topic Area: Construction


Recent Posts

Two Steps to Controlling the Hot Zone

Strategy for disrupting dry-surface biofilm begins with a simple premise: You cannot disinfect what you cannot reach.


RiverSpring Living Breaks Ground on River's Edge Senior Living Community

Occupancy is expected in December 2028.


Encompass Health Reveals Plans to Build Inpatient Rehabilitation Hospital in Post Falls, Idaho

The hospital is expected to open in 2028 and will be part of Encompass Health's national network of inpatient rehabilitation hospitals.


Creating Compassionate Spaces in Healthcare

A new bereavement room at the Children’s Hospital of Michigan NICU aims to provide peace and privacy for families.


Study Shows Connection Between Odor and Patient Experience

A 2024 study identifies the top smells in hospital waiting rooms and how they impact the patient and visitor experience.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.