Partners secures $ for MGH campus expansion, debt refinancing

Partners secures $ for MGH campus expansion, debt refinancing

0

Massachusetts General Hospital will build a 500,000 square foot health care facility at its Boston campus as part of a $500 million bond issue that will also enable Partners HealthCare to refinance $425 million in debt, the Massachusetts Health and Educational Facilities Authority announced Tuesday.

According to HEFA, the new building at the MGH campus will house a relocated and expanded radiation oncology department, expanded emergency services, three levels of operating and procedure suites, and 150 neurosciences and medical oncology intensive care unit and acute patient rooms.

Partners HealthCare is an integrated health system founded by Brigham and Women’s Hospital and Massachusetts General Hospital. Martha’s Vineyard Hospital is part of the Partners network.