San Juan Regional Medical Center has completed a $42.5 million municipal bond refunding and refinancing initiative.

This project provides about $20.5 million in refinancing of older, higher cost debt as well as $22 million in capital project money, which will save the community about $1.5 million in interest expenses. In addition, this project allows the hospital to purchase new equipment and technology through the New Mexico Hospital Equipment Loan Council.

These projects will be funded:

A new fixed-wing aircraft for AirCare aeromedical services.A linear accelerator for the oncology program.New information technology infrastructure.State-of-the-art inpatient beds.Upgrades to the nurse call system.As projects funded by this effort are completed, San Juan Regional Medical Center will keep the community updated.