Stamford Hospital on Wednesday unveiled plans to build a new $450 million medical center that will include a new emergency department, significantly larger surgical suites and all private room facilities.
The Stamford Health System board of directors recently approved a plan to build the new Stamford Hospital in one phase versus the multi-phase approach previously announced.
The single-phase project is estimated to cost $450 million and be completed by spring 2016.
The previously approved multi-phase plan would span 10 to 15 years at a cost of $575 million.
"The rationale behind this decision included consideration of the Hospital's strong financial performance, favorable interest rates, as well as the overall cost savings to complete the plan in a single phase," said Brian G. Grissler, Stamford Hospital's president and CEO. "Additionally, our goal is to deliver a first-class healthcare center to area residents as quickly as possible, with plans specifically designed to satisfy the growing needs of our patients."
The non-profit hospital recently raised $250 million in a bond offering to fund the project and plans to secure additional financing through philanthropy and hospital earnings.
Some of the key features of the new hospital will include:
• New patient care units with all private rooms and private bathrooms, as well as centralized nurses' stations for more flexible care delivery.
• An emergency department with separate treatment areas for trauma, cardiac, urgent, behavioral health and pediatric patients; 50 percent more treatment rooms; dedicated and easily accessible parking; and individual points of entry for walk-in and ambulance arrivals.
• Significantly larger surgical suites to accommodate the latest technology.
• A new Pediatric Unit in the Whittingham Pavilion adjacent to the current Neonatal Intensive Care Unit to centralize mother-child services.
• An expansion of the ICU from 16 to 24 beds.
• A central location for all Heart & Vascular Institute services, including electrophysiology, catheterization and interventional Labs.