Cogdell Spencer ERDMAN(SM) Announces the Signed Facilities Master Planning Contract for Southeastern Regional Medical Center
October 21 2009 - 3:50PM
PR Newswire (US)
CHARLOTTE, N.C., Oct. 21 /PRNewswire-FirstCall/ -- Cogdell Spencer
ERDMAN is pleased to announce the signing of a facilities master
planning contract for Southeastern Regional Medical Center, located
in Lumberton, North Carolina. Southeastern Regional Medical Center
is licensed for 337 beds and operates a 115-bed long-term care
center. The medical center serves more than 15,000 inpatients and
more than 71,000 emergency room patients annually. There are more
than 125 physicians on the active medical staff, representing a
comprehensive range of service offerings. The study will focus on
an optimal facility plan that enhances the medical center's market
position and care delivery model with sensitivity to capital
constraints. Cogdell Spencer ERDMAN's multi-disciplined planning
team has partnered with Southeastern Regional Medical Center's team
to analyze the hospital's current marketplace and make
recommendations for future facility planning that supports the
medical center's healthcare delivery vision and mission. "We are
pleased to partner with Southeastern Regional Medical Center to
develop a dynamic facilities strategy that anticipates future
market opportunities and trends in Lumberton and the surrounding
communities," said Matthew Nurkin, President, Mid-Atlantic Region
for Cogdell Spencer ERDMAN. About Cogdell Spencer ERDMAN(SM)
Cogdell Spencer ERDMAN(SM) is the nation's premier integrated
healthcare facilities company. Our clients count on us as a trusted
partner in defining their healthcare delivery strategies and
developing innovative facilities solutions to support them. We are
widely recognized for creating sustainable, efficient healing
environments for our clients and their patients. The Company has
been built around understanding and addressing the full range of
specialized real estate needs of the healthcare industry. Cogdell
Spencer ERDMAN is a service mark of the wholly-owned operating
company of Cogdell Spencer Inc. Learn more about Cogdell Spencer
ERDMAN and its parent company Cogdell Spencer Inc. (NYSE:CSA) at
http://www.cogdellspencer.com/. Forward-Looking Statements This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements reflect the Company's views about
future events and are subject to risks, uncertainties, assumptions
and changes in circumstances that may cause actual results to
differ materially. Factors that may contribute to these differences
include, but are not limited to the following: market trends; our
ability to obtain future financing arrangements; our ability to
renew ground leases; our ability to comply with financial covenants
in our debt instruments; defaults by tenants; and changes in the
reimbursement available to our tenants by government or private
payors. For a further list and description of such risks and
uncertainties, see the reports filed by the Company with the
Securities and Exchange Commission, including the Company's Form
10-K for the year ended December 31, 2008. Although the Company
believes the expectations reflected in such forward-looking
statements are based on reasonable assumptions, it can give no
assurance that its expectations will be realized. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. DATASOURCE: Cogdell Spencer ERDMAN(SM)
CONTACT: Dana Crothers, Marketing Director, +1-704-940-2904, Web
Site: http://www.cogdellspencer.com/
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