IRMC kicks off capital campaign, expansion
Indiana Regional Medical Center was to break ground today for an expansion to its current facility and has announced the start of a $5 million capital campaign.
“As the state of health care continues to evolve in the country, we at IRMC have an obligation to our patients and our community to continue to evolve as well,” Steve Wolfe, hospital CEO, said in a release. “If we are to remain the strong, independent community hospital our citizens have come to depend upon, we have to advance with the times. This project will help propel us forward into our next century of service.”
In November of 1914, IRMC first opened its doors to the public as a 40-bed facility with 13 private rooms. Today, the facility resides on a 50-acre main campus with 164 beds while serving nearly 250,000 patients annually. IRMC has also grown to be the second-largest employer in Indiana County with more than 1,300 employees.
The Centennial Building Project will expand upon the current services offered by IRMC with new operating room suites, a new intensive care unit, a post-anesthesia care unit, a 15-bed post-acute care unit, an endoscopy unit and a Linear Accelerator, as well as numerous structural and patient service upgrades to the current facility. In all, the project will renovate about 45,000 square feet of the facility and include approximately 40,000 square feet of new construction.
“As we celebrate our first 100 years of service to our community, there is no better time than the present to begin building the state-of-the-art facility needed to continue to serve our patients for the next 100 years,” Todd Brice, chairman of IRMC’s board of directors, said in the release.
The project is slated to be funded with a combination of current cash assets and long-term financing, as well as a Centennial Capital Campaign geared toward raising $5 million from private donors.
The Indiana Healthcare Foundation, the fundraising wing of IRMC, in announcing the official start of the campaign, acknowledged the five lead contributors to the campaign thus far: First Commonwealth Bank, the Kovalchick family, the Reschini Group, Rosebud Mining Company and S&T Bank.
With the generosity of these contributors, as well as many others, campaign co-chairmen Joe Reschini (president, The Reschini Group) and Mike Price (CEO, First Commonwealth Bank) announced that the campaign has already raised $2 million toward its goal.
“The support we have received from the community as well as from our own employees has been overwhelming,” Reschini said. “Their dedication and commitment to maintaining our community hospital is the reason we are able to celebrate our first 100 years with an eye toward another successful 100 years in front of us.”