Bryn Mawr, Pa.-based Main Line Health will undertake a $200 million "modernization" project at its Bryn Mawr Hospital, according to a Philadelphia Business Journal report.
In the report, health system officials describe the initiative as "the most significant facility improvement" that the system has ever done, and the second largest capital investment in Main Line's history.
Project plans include a five-story, 203,000-square-foot patient care pavilion, part of which will house 54 new medical/surgical beds, according to the report. Space also will be available in the building for a new 18-bed intensive care unit and 12 new operating rooms.
Aside from the pavilion, the project includes major renovations to the hospital's maternity department and to its Warden Lobby, as well as the addition of two levels to the Bryn Mawr Avenue parking garage, according to the report.
Construction for the project will begin the summer of 2016, and is expected to be complete by the winter of 2018.
More articles on healthcare finance:
Too soon to commit to one post-acute bundled payment approach, AHA says
OIG: Florida Hospital Orlando received $11.5M in Medicare overpayments