Funding fuels $127M AnMed expansion in Anderson, Pickens counties

Listen to this article

AnMed has received state funding to expand facilities in Anderson and Pickens counties, along with opening new outpatient facilities in Anderson.

AnMed is using $126.7 million in South Carolina Jobs-Economic Development Authority (JEDA) bonds to expand its services in Anderson and Pickens counties, according to a JEDA news release.

The tax-exempt Hospital Revenue Bonds will finance expansion and upgrades to medical facilities in both counties and to pay for new outpatient campuses at 800 N. Fant St. and 2000 E. Greenville St. in Anderson, the release stated.

AnMed is Anderson County’s largest employer and serves an eight-county region in northwest South Carolina and northeast Georgia, the release stated.

The comprehensive health care system employs more than 3,500 people, including 400 doctors, and the expansion will add 100 new jobs.

“JEDA bonds are once more giving AnMed the ability to expand our capacity to serve the health needs of our fast-growing service area,” said Christine Pearson, chief financial officer at AnMed, in the release. “In today’s high-interest rate environment, such favorable financing terms are even more critical.”