Local Health Care Investments Continue to Spur Economic Growth in Davie County, North Carolina ~ Announcing one of the largest investments ever in Davie County during a news conference today, Donny C. Lambeth, President of North Carolina Baptist Hospital told the audience that Wake Forest University Baptist Medical Center will receive a Certificate of Need (CON) to build a hospital in Advance that will include 50 acute care beds, 10 observation beds, and an out-patient ambulatory care center.
Additionally, Wake Forest Baptist may also file a new CON application to build a critical access hospital with up to 25 beds in Mocksville to replace the existing Davie County Hospital facility.
Economic Stimulus ~ The new hospital in Advance will add several hundred jobs in Davie County and will be located at Interstate 40 and Highway 801 in eastern Davie County.
With an estimated cost of around $104 million, the new hospital will serve as an economic stimulus for the area as part of a medical and commercial park. Wake Forest University Baptist Medical Center is paying for the new hospital and the taxpayers of Davie County have no financial risk in its construction or operation.
Mr. Lambeth stated that “We envision a variety of commercial enterprises which will create new jobs, strengthen the tax base and enhance the image of Davie County as a growing and prosperous community. We are grateful for the support we have received and will depend on in the future, particularly in Davie County.”
The service area for the new hospital includes the Davie County, western Forsyth County and southern Yadkin County region.
Wake Forest University Baptist Medical Center is an academic health system comprised of North Carolina Baptist Hospital, Brenner Children’s Hospital, Wake Forest University Physicians, and Wake Forest University Health Sciences, which operates the university’s School of Medicine and Piedmont Triad Research Park. The system comprises 1,056 acute care, rehabilitation and long-term care beds and has been ranked as one of “America’s Best Hospitals” by U.S. News & World Report since 1993. Wake Forest Baptist is ranked 32nd in the nation by American’s Top Doctors for the number of its doctors considered best by their peers. The institution ranks in the top third in funding by the National Institutes of Health and fourth in the Southeast in revenues from its licensed intellectual property.