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Renown Gets $63.7 Million for Capital Improvements

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Image: Renown.

NEWS RELEASE

Funding New Facilities, Services and Lifesaving Technologies and Treatments in Our Region

Renown Health announced last week $63.7 million has been committed to capital projects in the year ahead. This marks the largest single-year investment by the organization since completing the 10-story Tahoe Tower in 2008.

Over the next year, projects will range from purchasing new technology for leading-edge cancer care to building brand new facilities in growing parts of our community and renovations to improve patient safety, care and comfort.

“We are committed to reinvesting in both health – and healthcare – here at home,” said Anthony Slonim, M.D., DrPH, president and CEO of Renown Health. “As Reno’s local not-for-profit healthcare network, all of our income stays right here and is reinvested into people, facilities and technology to better serve the region.”

Among the projects funded is a $7.5 million commitment toward building and technology for a newly expanded radiation treatment facility in Renown’s Institute for Cancer. Along with new Varian radiation technologies, there will be additional clinical space in the new project. According to Slonim, “cancer is a leading cause of death in our region and the incidence of the disease is growing. We continue to expand our services and capabilities to meet growing community need.”

Renown is spending $1.8 million for a 3-D mammography tomosynthesis machine. This technology is critically important in the breast cancer battle. This new lifesaving technology is better at spotting invasive tumors and avoiding false alarms – especially in women with dense breast tissue – because it provides more photos of breast tissue from different angles.

Another top priority in the year ahead is continuing to emphasize safety and efficiency throughout our facilities. This includes $3 million to upgrade 122 prescription dispensing cabinets at our three acute care hospitals and Surgical Arts facility.

“Ensuring basic primary care access for our rapidly growing community is another essential component of our new investments in 2016. There are plans to invest $8 million to build a new comprehensive patient care facility offering a number of services including imaging, therapy, primary care, urgent care and lab services,” said Slonim. The location and details of the new facility will be announced at a later date.

Slonim commented, “With large companies like Tesla and Switch moving to northern Nevada, Renown is working hard to add the capacity needed for our growing community.”

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