The Genesis Medical Center campaign reaches a new benchmark.
The Franciscan Sisters of Christian Charity committed one million dollars for the new Genesis Medical Center bringing the total given or pledged to nine million of the fifteen million needed for the capital campaign.
"The 15 million is very, very important as we go to the bond markets to receive a rating, receive the financing it is an indication that the level of support that the community provides," said Genesis HealthCare Executive Director, Paul McClelland.
After the campaign has been met, the foundation will continue to be a part of the hospital by facilitating the funds that come in and supporting the hospital with those funds.
"The foundation in one form or another from the Good Samaritan Foundation and the Bethesda Foundation that preceding the Genesis Foundation, we've been in existence for over thirty years and so we'll remain an important part of the hospital and of the community," said McClelland.
The new facility will be built on the Bethesda campus. The new patient tower will be constructed in front of what is currently the emergency room exit. It will include all private patient rooms, an emergency trauma department, an intensive care unit, heart center and operating rooms. There will also be a number of other projects including a new medical office building and an outpatient cancer center.
The project is estimated to take 125-million to complete. Groundbreaking is expected to take place this spring with the facilities opening in 2015.