Montefiore Medical Center in New York is undertaking a $250 million construction and renovation project that includes new construction to consolidate certain specialties. The project will create new patient rooms, private labor-and-delivery suites, specialized pediatric operating rooms, and new facilities for treating cancer, cardiovascular disease, diabetes and other related illnesses. The project is expected to be completed in late 2006 and includes the conversion of two buildings -- one into a radiation oncology center and the other into a cardiovascular and diabetes treatment center. Funding for the projects will come from a variety of sources, including the sale of Federal Housing Administration-insured bonds, hospital equity and philanthropy, officials said. -- by Cinda Becker
Montefiore embarks on $250 million construction project
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