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State grants PeaceHealth request to delay fixes to university site.

Publication: The Register-Guard (Eugene, OR)
Publication Date: 30-JAN-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: State grants PeaceHealth request to delay fixes to university site.(Business)

Article Excerpt
Byline: Tim Christie The Register-Guard

PeaceHealth's planned renovation of Sacred Heart Medical Center, University District, is officially on hold until 2010.

The nonprofit health system recently requested, and received, an extension from state regulators to delay the project for one year because of the economic downturn and a depletion of PeaceHealth's cash reserves.

The $97 million project was to have started this month and be completed by August 2010. Under the extension granted by state regulators, construction is planned to begin in January 2010 with...

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