SPRINGFIELD, Mo. -- CoxHealth broke ground Wednesday on a new, 310,000-square-foot addition to Cox Medical Center South.
This new patient tower, scheduled to be completed in 18-24 months, will house a Women's and Children's Hospital, a Neuroscience Center, and will include room for expansion.
Steve Edwards, CoxHealth President and CEO, says the new tower will meet the area's health care needs now and in the future.
"It allows us to have every single patient in our south facility in a private bed. It also gives us room for future growth."
See Edwards' full interview with KOLR10 News in the video above.
The $130 million project is financed in part by an April bond issuance. Two major gifts in support of the project were also announced at today's groundbreaking. Donors include:
- The Jared Family: Linda and Jerry Jared, Curtis and Jade Jared, Roger, Andrew and Cindy Jared, and Brian and Michelle Jared, in support of the now-named Jared Neuroscience Center.
- Arthur and Ruth Ann White, in support of the now-named Dee Ann White Women's and Children's Hospital.
Once completed, the Dee Ann White Women's and Children's Hospital will occupy the Ground-2nd floors of the project and include a new Neonatal Intensive Care Unit, Pediatric Intensive Care Unit, Pediatric Unit and Post-Partum Unit with easy access to Cox South's existing Labor and Delivery area and women's and children's physician offices.
The Jared Neuroscience Center will occupy floors 7-9 and include inpatient care units, plus clinic space for Springfield Neurological and Spine Institute physicians and Ferrell-Duncan Clinic neurologists.
leaders say that even though there is uncertainty in the health care industry,
historically low interest rates in the bond market made now the time to make
this investment. The organization's analysis shows that if current interest
rates were to increase by only 1.5 percentage points, the cost of the bond
offering would have increased by $43 million.
PHOTO GALLERY via Facebook