AMHERST, N.Y. — The ongoing shift of services and surgeries from hospital inpatient units to community-based outpatient settings has made ambulatory surgery centers a hot investment.
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 at 111 N. Maplemere by Ciminelli Real Estate Corp. for such tenants as include Kaleida Health and several UBMD physician practices.
Read the full story from our partners at Buffalo Business First.
