Maimonides’ $141M bond deal will fund pediatric ER
Stand-alone facility will be first of its kind in Brooklyn
Maimonides Medical Center announced Friday that it has finalized a bond financing deal to fund the expansion of its ER.
The deal, which was secured through a partnership with U.S. Department of Housing and Urban Development, will fund the construction of a stand-alone pediatric ER, enlargement of the hospital’s neonatal intensive care unit (NICU), relocation of hospital’s state-of-the-art cardiac catheterization laboratory, and structural enhancement of the hospital’s cardiothoracic intensive care unit (CTICU).
“As Brooklyn’s largest and most advanced tertiary care provider, Maimonides takes seriously our responsibility to keep pace with and exceed the latest standards for excellence in the delivery of care,” said Kenneth D. Gibbs, Maimonides Medical Center president and CEO. “Combined, these projects will substantially enrich the patient and family experience and ensure that Maimonides remains at the forefront of medical care.”