Maryland puts forward $100M for new hospital

Maryland Gov. Larry Hogan announced he will put $100 million into building a new University of Maryland Medical System hospital in Easton, ABC affiliate WMAR2 reported Dec. 15.

Advertisement

The proposed facility includes a 325,000-square-foot hospital building and an adjacent 60,000-square-foot medical office.

To request the state to build the new facility, the Baltimore-based University of Maryland Medical System will submit a certificate of need by the end of the month.

“This is an idea that the community has been pleading for for years if not decades,” Mr. Hogan said. “It’s desperately needed and we are finally in a financial position to make this critical investment.”

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Capital

Advertisement

Comments are closed.