University of Kentucky, Lexington, said it will build a 473-bed replacement facility for its Chandler Medical Center and expand outpatient clinics at a total project cost of up to $375 million. The project is expected to help move the university hospital toward top-20 status among national academic medical centers by enhancing clinical programs and attracting additional research funds, from the National Institutes of Health in particular, said Michael Karpf, the university's executive vice president for health affairs. The all private-room facility will replace medical-surgical units that date to the 1960s and allow the hospital to increase its daily census to 400 from 337, Karpf said. Up to 1,300 new jobs could be created as a result of the improvements. The hospital will finance up to $125 million of project costs through operations and issue $250 million in tax-exempt bonds for the remainder. The project is scheduled for groundbreaking by January 2006 and completion in 2010. -- by Susanna Moon
Ky. academic medical center plans replacement
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