UPDATE: St. Peter's Health Partners receives $10M gift
Updated 1:17 p.m.
TROY St. Peter's Health Partners has received a $10 million donation — the largest individual gift ever received by a health care institution in Rensselaer County.
The gift, given by an individual who resides in the Troy area and wishes to remain anonymous, will benefit the system's $150 million Troy Master Facilities Plan.
The plan features a three-phase strategic development project that will include renovation and reconstruction on the campuses of Samaritan and St. Mary's hospitals in Troy.
In appreciation of the gift, St. Peter's plans to name a five-story pavilion to be built on the Samaritan Hospital campus in honor of the donor. The pavilion will feature a new, expanded emergency department, intensive care unit, progressive care unit and a medical/surgical unit.
"It was only a few months ago that we shared with the community our vision for a comprehensive, forward-thinking, master facilities plan that acknowledges the sweeping changes of health reform and which encompasses our great commitment to creating a long-term, sustainable acute care presence in Troy," said James K. Reed, MD, MBA, president and chief executive officer of SPHP, in a news release. "Today, we are very pleased that not only has our vision been shared and embraced by the community but now it is supported with this magnanimous gift of heart from a member of our own community."
The Master Facilities Plan, which is gradually being implemented, is slated for completion in 2025. The project would include the construction, renovation and modernization of inpatient facilities on Samaritan's campus and outpatient facilities on St. Mary's campus. In addition to the pavilion, the project would include enhancements to cancer services, other infrastructure improvements and a parking garage.
St. Peter's Health Partners was created in October of 2011 by the merger of Northeast Health, St. Peter's Health Care Services and Seton Health.
The health care system provides advanced medical care, primary care, rehabilitation and senior services through Albany Memorial Hospital and St. Peter's Hospital in Albany; Samaritan Hospital and St. Mary's Hospital in Troy; Sunnyview Rehabilitation Hospital in Schenectady; as well as The Eddy system of continuing care and The Community Hospice.