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Plans for Guam veterans hospital in the works

June 19, 2015

HAGATNA, Guam (AP) — The Guam and Regional Veterans Healthcare Council are making plans to develop what could be the nation’s first private hospital for veterans.

The Pacific Daily News reports (http://bit.ly/1dO22hD ) the group met Wednesday to discuss the facility, which is being called the Veterans Healthcare Center of Excellence.

Council chairman Peter Sgro says the estimated cost of the hospital would be about $167 million, which would be completely funded by investment banks and private investors. He says there are currently three investment banks and 12 investors interested in the project.

The proposed facility would offer housing services for patients from off the island and a shuttle service. A location hasn’t been determined.

Sgro says the project is meant to be a solution to the lack of health care available for Guam veterans.

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