Cape Fear Valley gets $38 million loan for Hoke County outpatient clinic4 October 2010
Cape Fear Valley Health System will receive a $38.4 million, low-interest federal loan to build an outpatient health care facility in Hoke County, North Carolina.
The facility is separate from a proposed hospital the health system wants to build in Hoke County.
Breeden Blackwell, a spokesman for Cape Fear Valley, was reported stating that the USDA Rural Development loan will be used to build a $40 million-plus outpatient center in Raeford. It will replace the existing Hoke Family Medical Center.
The 4%-interest loan was partially funded through the American Recovery and Reinvestment Act stimulus law.
The facility, called Health Pavilion Hoke, will reportedly offer imaging services, including digital X-rays, mammography and ultrasound. It also will include a family practice, an urgent care center, a pharmacy and office space for medical specialties.
The facility will be on the site of Cape Fear Valley's proposed hospital, Hoke Community Medical Center, on U.S. 401, across from Paraclete XP Skyventure.
The facility is expected to open before Cape Fear Valley's proposed hospital opens in October 2013.
Recently, the state has given permission to Cape Fear Valley and FirstHealth of the Carolinas to build hospitals in the growing county.
According to the state application, the Cape Fear Valley hospital is expected to have 41 acute care beds, nine observation beds and two operating rooms.
The application said that the $92 million hospital would offer obstetrical, surgical and 24-hour emergency, laboratory and pharmaceutical services as well as diagnostic imaging.
FirstHealth, which operates FirsthHealth Moore Regional Hospital in Pinehurst, plans to build a $34.1 million, eight-bed facility on U.S. 401, near East Hoke Middle School. FirstHealth Hoke Community Hospital, which is expected to open in October 2012, will feature a 24-hour emergency room, diagnostic imaging, laboratory and pharmaceutical services, according to the application.