AHFD Home
    Services / Portfolio / Leadership

    Wayne Memorial Hospital: Homegrown Dedication
To read entire story click here: http://www.healthexecutive.com/content/view/1620/


    Corporate Spotlight
    Written by Amanda Gaines   
    Tuesday, 01 January 2008
Wayne Memorial Hospital: Homegrown Dedication - Health Executive - RedCoat Publishing
When developing the plans for its new facility, the administration of this acute care hospital called upon the community.
Technological advancements improve the way hospitals care for their patients. But for Wayne Memorial Hospital, IT changed the location of the hospital altogether.
Wayne Memorial Hospital: Homegrown Dedication - Health Executive - RedCoat Publishing
Joe Ierardi, President and CEO
Since its opening in 1956, the infrastructure of the Georgia-based acute care hospital had started to wear, and the ability to run the cabling and wiring associated with new technology wasn’t there. The administration evaluated the facility and soon realized the cost difference between renovating a 50-year-old facility and building a new one was minimal.

After a needs assessment, the team came up with an estimate of $47 million. But when looking at the hospital’s borrowing capacity, the numbers came up well short. “Our borrowing capacity was only $20 million,” said Joe Ierardi, president and CEO. “We talked to our local county officials and found a way for us to receive funds via a SPLOST (special purpose local option sales tax) via a referendum.”

To read entire story click here: http://www.healthexecutive.com/content/view/1620/


American Health Facilities Development, LLC
105 Continental Place | Brentwood, TN 37027-5014 | Phone: (615) 371-4733
7460 Warren Parkway, Suite 180 | Frisco, TX 75034 | Phone: (972) 987.1800