First look: Inside the new $89 million Nantucket Hospital

Health care facilities in Massachusetts are usually constructed with debt financing. But when Nantucket Cottage Hospital was looking to build a new $89 million facility, it turned to local fundraisers. The hospital opened its doors to patients this week after exceeding its fundraising goals. The $120 million capital campaign will also enable a second project — the construction of staff housing units on the island to address the affordable housing crisis. Currently, the hospital owns less than …
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