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Kerrville: Peterson Regional Medical Center Expansion Due in 2022

Feature Illustration: Concept rendering of the proposed Peterson Surgery Center in Kerrville. Courtesy: Peterson Health Foundation.

Posted: 12-30-2021

by Adolfo Pesquera

Kerrville (Kerr County) — The Planning and Zoning Commission recommended to City Council the annexation of a tract owned by the Peterson Regional Medical Center to help accommodate their expansion plans.

During the Dec. 2 session of the P&Z Commission, gave its support to a request to annex 168.8 acres of land currently classified as Public & Institutional District or Agricultural District.

Map of the land that Peterson Regional wants annexed into the city.

The staff report states that the applicant, Peterson Regional, is requesting the annexation to allow for the future expansion of the PRMC master plan.

The acreage being considered is much larger than the hospital’s immediate expansion plans, however, Peterson Regional’s President/CEO Cory Edmondson announced on May 10 the Peterson Health Foundation was launching their “Today. Tomorrow. Always. Capital Campaign” to raise $15 million.

The campaign goal is to provide funding to build a new outpatient Surgery Center and completely renovate the Ambulatory Care Center.

When the project was announced, Peterson Health officials noted that the facilities would be named the David and Amanda Williams Surgery Center and the Pevehouse Ambulatory Care Center in recognition of the generosity of private donors that had kickstarted the capital campaign.

In June, Fitch Ratings commented on the project:

“Management has been strategically planning to find ways to capture additional market share and support the growing healthcare needs of the community.

“As a result, PRMC will be renovating/expanding the current ambulatory care center and building a new ambulatory surgical center to provide expanded care capabilities for the local community.

“PRMC will be breaking ground on both projects in 2022 and completion is expected in 2023.”

Fitch affirmed an ‘A’ rating for the 2015 hospital revenue bonds issued on behalf of PRMC by the Kerrville Health Facilities Development Corporation.

VBX Project ID: 2021-8BB3


adolfo@virtualbx.com

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By |2021-12-30T14:18:43-06:00December 30th, 2021|Construction Preview, Feature Story|

About the Author:

Adolfo Pesquera (Reporter/Editor) is a veteran news journalist. He has worked for Hearst Corp., American Lawyer Media, News Corp and Freedom Communications. His work has been published in newspapers and magazines across the USA. He is a journalism graduate of UT-RGV. He writes, edits and creates digital pages for VBX.

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