Nantucket Cottage Hospital Completes $120M Capital Campaign

The lobby of the new Nantucket Cottage Hospital.

NANTUCKET – The $120 million capital campaign for the new Nantucket Cottage Hospital and its housing initiative has been successfully completed.

The capital campaign chairman Bruce Percelay made the announcement during the annual Pops on Nantucket Concert at Jetties Beach over the weekend.

The new 106,000-square-foot hospital opened in February.

The hospital features 14 inpatient beds, 29 clinical exam rooms for primary care, expanded labor and delivery services, a new heliport landing, a trauma room, five infusion bays, and 12 emergency examination rooms.

The campaign was the largest community hospital fundraising effort ever conducted in the United States.

Public Information Officer for the Hospital Jason Graziadei said it was the culmination of nearly six years of fundraising, planning and construction. He said it was a surprise that they were able to complete the campaign so quickly.

“We are still are a little bit in awe of what we were able to accomplish but it is thanks to the very generous community that we have,” Graziadei said.

Nearly 2,000 individual donations were made, including $10 million gifts from Bruce Percelay, and his family, and Massachusetts General Hospital.

Officials celebrate the opening of the new Nantucket Cottage Hospital in February.

Graziadei said donations were made by year-round residents, summer residents and visitors.

“They ranged anywhere from little kids doing lemonade stands on our behalf raising a couple bucks here and there all the way up to the lead gifts,” he said.

Graziadei said the community is proud of its effort to complete the campaign.

“Everyone is really just happy with the result of the new hospital, what it means for patients, for our staff, for our community – to know that we have set the foundation for health care on the island going forward for the next generations to come,” Graziadei said.

About $90 million of the total amount raised was for the construction of the new hospital.

The remaining money will be used to construct housing for staff and visiting physicians, along with more than $4 million for non-profits through the Community Health Initiative.

As a state approved capital project, Nantucket Cottage Hospital was required to invest 5 percent of the total project cost in improving community health outside of the hospital.

About Brian Merchant

Brian Merchant grew up in Central Massachusetts and now lives in South Dennis on the Cape. He has been part of the news team in the CapeCod.com NewsCenter since the spring of 2014. He studied radio broadcasting at the University of Tennessee.



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