Medical Billing Firm to Build Data Center

Here's an example of how growing demand for medical records management is boosting demand for data centers. Medical billing specialist Emdeon (EM) said this week that it has leased a 34,200 square foot property near the Nashville airport for a new data center. The company signed a 15-year lease with Solomon Airpark LLC for a shell building at Airpark Center East, which will be converted into a data center to replace Emdeon's existing Nashville data center located at One Century Place. Emdeon will pay initial rent of $39,500 per month, and will have the option to extend the lease agreement through two five-year renewal terms. The lease agreement is described in an SEC filing.