The project could also create 1,400 temporary jobs, including those in construction. The expansion would increase the hospital’s beds from 631 to 714 through a six-story Patient Pavilion, projected to be complete in 2013. The construction would also add new operating and recovery rooms and intensive care units. The center expects more than 35,000 yearly admissions by 2013.
The U.S. Department of Housing and Urban Development estimated the expansion project would provide an economic stimulus of approximately $835 million to the community and an annual economic benefit of more than $436 million.
Albany Medical Center is currently the largest private employer in the Capital Region of New York.
Read the hospital release on new jobs at Albany Medical Center.
Related Articles on Healthcare Employment:
Top 10 States With the Highest Healthcare Employment
Healthcare Cost Increases Almost Reached New Low in S&P Measurement
Florida’s Jackson Health System Eliminates 189 Jobs
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
