Capital Health receives $500K grant for expansion in Trenton

Trenton, N.J.-based Capital Health Care has received a $500,000 grant from Bank of America to help with the expansion of its Regional Medical Center in Trenton, according to a May 22 Philadelphia Business Journal report.

Capital Health, which acquired another Trenton location, St. Francis Medical Center, from Livonia, Mich.-based Trinity Health in December, will use the funds to partly help with the construction of a larger emergency room and a new cardiac suite at Regional Medical Center, according to the report. Cardiac surgery and other cardiology services were among the programs Capital Health moved from St. Francis, now known as Capital Health-East Trenton, to Regional Medical Center after the acquisition.

The East Trenton location, which transitioned to a freestanding emergency room also offering various outpatient services following the purchase from Trinity Health, had been struggling financially for years.

Capital Health said at the time it had taken a "significant risk" in order to prevent a healthcare crisis for the 90,000 residents of Trenton.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>