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AMH in better fiscal health
As the new year arrives, Auburn Memorial Hospital is entering a new chapter of financial health, making it better equipped to treat its patients.
Thanks to gifts from six area foundations for construction over 2007 and 2008, the hospital will receive $4.4 million in matching grant money from the state's Health Care Efficiency and Affordability Law for New Yorkers (HEAL NY) Phase II grant. At the same time, AMH is wrapping up a profitable year from operations.
The hospital must complete its construction project by the end of 2008 to get the entire amount of the grant. The project includes reconfiguration and modernization of the core Memorial Wing, including the creation of private rooms with patient and family amenities.
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