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Union County, NC, extends lease for Carolinas Medical Center-Union

Charlotte Observer, April 25, 2008
Union County, NC, Commissioners have renewed the county's lease with Carolinas Medical Center-Union and extended the agreement until 2048. Under the new lease, the hospital will pay the county $2.75 million rent per year, and a one-time payment of $25 million. With the extended lease, CMC officials say they will be able to add interventional cardiology services, more cancer care, Level III trauma services, and expand the women's health and emergency departments.