260,000 SF

Operational

Medical

Mannington, NJ

Overview

Salem County Hospital Corporation, doing business as Salem Medical Center (SMC), acquired the acute care hospital license of the Memorial Hospital of Salem County through a transaction originated by CHA. Lending our healthcare-related financial, operational, and real estate expertise, our business plan enabled us to lease the entirety of the hospital to SMC, a duly-qualified not-for-profit 501(c)(3) entity, thereby providing them the opportunity to continue to provide community-based healthcare services within the region without interruption.

 

Building Highlights

  • Preservation of community-based healthcare services
  • New program development, including Bariatrics, Detox and Behavioral Health
  • Multi-million dollar equipment and facility upgrades
  • Installation of new computer and electronic medical records systems¬†
  • Financial Agreement with the local municipality

 

 

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