The UMass Memorial Health Care system will be investing $168.8 million in renovations to its four hospitals after securing a tax-exempt bond through MassDevelopment.
The bond will fund capital improvement projects at the four hospitals that make up the UMass Memorial Health Care system.
In Worcester, a 24-bed observation and admission unit and a 10-station dialysis center will be added to the University campus. The organization will also redevelop the former dialysis space into a private step-down unit.
Planned projects at the memorial campus include building a public corridor and atrium to connect two primary patient visitor entry points. The Leominster and Fitchburg campuses will receive an emergency power and combined heat power system.
These infrastructure improvements will improve patient care, according to a statement from Eric Dickson, president and CEO of UMass Memorial Health Care.
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the commonwealth.
CORRECTION:Â A previous version of this article incorrectly said UMass would receive $168,000. The correct amount is $168.8 million.
