Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Monongahela Valley Hospital to purchase hospital complex site

Monongahela (Pa.) Valley Hospital executives presented their plan to purchase a four-story, 108,366-square-foot building currently housing various hospital departments, physicians' offices and a fitness center to Washington County commissioners Wednesday, according to the Observer-Reporter.

The Washington County Hospital Authority said it will provide the hospital a maximum of $20 million in bonds to help finance the purchase and assist in renovating and equipping the facility, according to the article.

While neither the public nor the county will be held liable for the bonds once issued, the hospital's project proposal must satisfy all public approval requirements to receive financing from the hospital authority, according to the article.

A public hearing for the project took place Nov. 3.

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

 

Featured Whitepapers

Featured Webinars

>