Brigham and Women's in Boston Unveils Plans to Expand, Cut Costs

The board at Brigham and Women's Hospital in Boston has approved two expansion plans totaling $505 million, while the organization is also working to trim costs by $160 million over the next three years, according to a Boston Globe report.

The first $450 million construction plan calls for a clinical and research facility that will focus on several areas, including neuroscience, immunology, genomics and regenerative medicine. BWH leaders hope to complete that facility by 2016. The second $55 million project calls for renovation of a grassy common that will be filled with a rose garden and vegetable garden. The project could be finished as soon as 2014.

Both projects are subject to regulatory approval.

Meanwhile, the Harvard teaching facility is also aiming to reduce annual costs by 10 percent. That figure is twice the target set by its parent company, Partners HealthCare. Cost-cutting measures vary widely but have not included layoffs yet. These efforts are geared toward making healthcare more affordable while gaining a competitive position against rivals including Beth Israel Deaconess Medical Center.  

Related Articles on Brigham and Women's Hospital:

Partners HealthCare in Boston Posts $233M Operating Income in FY 2011 Despite Sluggish 4Q

10 Boston Hospitals Agree to Implement Anti-Smoking Rules by April 2012

Brigham and Women's, Dana-Farber Launch Research Project for Cancer Genomics

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