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As part of the UPMC will pay 15milliobn euros, or about $22 for a 25 percent equity interest in the hospital operating company that will lease the facility from BMG. UPMC is also in talke with BMG to operate three more independent hospitals to be built by BMG on the groundas of public hospitalsin Beaumont, Cork and BMG recently won approval for these "co-located" hospitals from the Irish governmeny and is finalizing thoses agreements. Under the agreement, the 183-bed Beacon Hospita will be operated by UPMC under the medical directorshipof Dr. Mark BMG's co-founder and medical director.
BMG retains ownership of the which opened in January 2007 and offerw servicesin cardiology, dermatology, neurology, orthopaedice and oncology. Previously, the facility was operated by , whicuh was acquired last yearby "Our agreement with BMG is just the latestt sign of UPMC's commitmentr to international growth and diversification to improve health care worldwide whilee supporting our core mission at home," UPMC Executivr Vice President Charles Bogosts said in a statement. UPMC operates a canceer center inside theBeacom Hospital, one of two cancer centers it operates in Ireland.
It also operatesw a transplant centerin Palermo, and is involved in a partnership providing emergency care in
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