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Albany Medical Center Announces Renovation and Expansion
   June 14, 2005

     

              ALBANY, N.Y., June 14, 2005 – The Albany Medical Center announced today that work has begun on a $15 million, 45,000-square-foot addition to the A Building on the west side of its New Scotland Avenue campus due to increased demand for the Medical Center’s services.

            “This important project will enable us to move a number of programs and services from our hospital buildings to the new area, freeing up space for the opening of beds,” James J. Barba, the Medical Center’s chairman of the Board and president and chief executive officer, stated. Current plans call for the expanded space to house the Heart Institute, the Vascular Institute, and the Neurosciences Institute, as well as the departments of nuclear medicine and gastroenterology.

The addition will consist of a basement and four floors with renovations being done to the existing A Building space. The project is expected to be completed by next spring. The architect is Hyman/Hayes and the general contractor for the project is AOW Associates Inc.

The demand for Medical Center services has increased dramatically in recent years. From 2002 until 2004, admissions to the Albany Medical Center Hospital grew by 8.4 percent (2,000 admissions) while revenue from patients increased by 12 percent. In addition, research in the Albany Medical College has grown from $20 million a year several years ago to more than $30 million a year currently.


The Medical Center currently operates 550 beds and this project will increase its capacity to 575 beds.

The Albany Medical Center consists of one of the state's largest teaching hospitals, the Albany Medical Center Hospital, and one of the nation's oldest medical schools, the Albany Medical College.




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