Newspaper Archive of
Monroe Historical Society
Monroe, Washington
November 22, 1973     Monroe Historical Society
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November 22, 1973

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gin Construction of a new Valley Gen- eral Hospital in the not too dis- tant future is far more than a dis- tant posslbtltty underplans current- ly being entertained by hospital dis- trict commissioners. In days immediately past commis- sioners have 1) performed a flnan- ctal feasibility study; 2) had that study substantiated by a national CPA firm; 3) arranged for financ- ing through Safecare Company; and 4) initiated application to obtain a State of Washington Certificate of Need. According to Snohomtsh County Hospital District No. i Administra- tor Ross Goddard, here is what has transpired in recent weeks which may make it possible for construc- tion to begin on a new facility late next Spring: Commissioners directed Goddard to conduct a preliminary feasibil- ity study to determine if tt was in- deed possible to finance a new fa- cility from the hospital's operat- ing revenue. Goddard's findings indicated that such a method of financing could be carried out suc- .::::::>" :::: ~::~:.. ~:::::~:~:; :" ~.::,: ~. ~:!:.~ :~:!:.