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UMass Memorial gets $110M bond for surgical, ER expansions

UMass Memorial Health Care has received a $110-million bond to improve its two Worcester hospital campuses and its Leominster hospital.

The tax-exempt bond was issued by MassDevelopment, a quasi-public state agency, and announced Wednesday.

At UMass’ University Campus in Worcester, the bond proceeds will pay for a new 18-bed medical surgical unit, MRI improvements and other renovations. At the Memorial Campus, the funds will cover renovation of inpatient rooms and employee work spaces, and new utility infrastructure including HVAC and water systems.

At HealthAlliance-Clinton Hospital’s campus in Leominster, improvements will include 13 new emergency department exam rooms, new surgical unit sterile processing operations, expansion and renovation of the parking structure on the North Main Street side of the building.

MassDevelopment President and CEO Lauren Liss said in a statement UMass Memorial Health Care holds an important role as the largest health care system in Central Massachusetts and the bond financing will allow it to make important upgrades to better serve patients.

– Digital Partners -

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