How will Wishard continue to provide care for the next five to seven years if the facilities are in such a state of crisis?
Now, the hospital is able to use bandages to deal with these problems, but soon, it will have to use tourniquets. Wishard is already dealing with system failures, compromised facilities and higher cost from inefficiency. However, Wishard is confident that with immediate action, the hospital can transition into a more efficient Wishard before cutting or compromising services, quality and efficiency. Each year delayed will cost the hospital $53 million and increase the risk of catastrophic failure. In such an uncertain economy, is this a good time to build a new Wishard? Now is a good time for Wishard to construct new facilities. Federal stimulus money is available to Wishard; interest rates are low; construction and commodities prices are low; and wage rates are down. Unfortunately, Wishard does not have the luxury to wait out the current economic challenges. Every year that the hospital delays the start of this project, the total cost of the new hospital increases by $53 million. In fa