The ongoing shift of services and surgeries from hospital inpatient units to community-based outpatient settings has made ambulatory surgery centers a hot investment, WGRZ reports.
That’s what helped developers of Amherst’s newest ASC sell off $4 million in shares, according to SEC filings, even though the center isn’t slated to open for more than a year.
It’s part of 716 Health, a 160,000-square-foot multi-tenant medical office building under development by Ciminelli Real Estate for such tenants as Kaleida Health and several UBMD physician practices. Read more.