NORTHEASTERN VERMONT REGIONAL HOSPITAL
Hospital Capital Investments
Text Box: This page provides information about the hospital's capital spending plans for the next four years. Capital spending is money spent on purchases and improvements to the hospital including buildings, property, and equipment.
    2003 National Benchmarks1[1] Hospital Data Vermont  
Capital Indicators Major New RNFP2 RNFP2 S & P3 Actual Actual Actual Budget Budget 2006  
  Definition Teaching England 25-99 Beds 100-249 Beds A- Rated 2003 2004 2005 2006 Median  
       
Age of Plant The average age (in years) of buildings and equipment. 10.6 10.5 10.1 10.1 10.6 10.6 10.6 11.5 8.8 10.6  
Age of Plant - Building The average age (in years) of buildings. N/A N/A N/A N/A N/A 17.8 18.1 19.6 13.9 13.5  
Age of Plant - Equipment The average age (in years) of equipment. N/A N/A N/A N/A N/A 6.9 6.8 7.5 5.5 9.8  
Net Property, Plant & Equipment per Staffed Bed On average, the amount of buildings, property, and equipment for each hospital bed. ####### $294,146 $168,175 ####### $274,239 $216,724 $368,925 $323,042 $575,158 [2] $347,758  
Long Term Debt to Total Assets The hospital's borrowing compared to what it owns. 39.0% 32.0% 27.0% 28.0% 33.0% 18.8% 17.8% 30.8% 27.1% 28.7%  
Capital Acquisitions as % of Net Patient Revenue A measure of spending on buildings, property, and equipment. N/A N/A N/A N/A N/A 5.7% 5.2% 8.1% 5.6% 6.0%  
     
  Hospital Data  
Capital Plans Actual Budget Plan Plan Plan  
  (all #'s in thousands) 2005 2006 2007 2008 2009  
     
Building & Property Capital Expenditures Money spent to buy hospital buildings and property. ………………………………………………………… $2,650 $1,385 $300 $200 $200  
Equipment Capital Expenditures Money spent to buy hospital equipment. ………………………………………………………… $1,095 $1,365 $1,700 $1,700 $1,841  
Possible Certificate of Need (CON) Projects Projects the hospital needs a permit from the state to build or acquire.    
Hospital Modernization This project includes expansion of the day surgery and diagnostic imaging departments. …………………………………………………………   $8,000 $0 $0 $0  
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Total Capital Expenditures Total money spent on buildings, property, equipment, and possible CONs.   ………………………………………………………… $3,745 $10,750 $2,000 $1,900 $2,041  
Text Box: A Certificate of Need has been filed for the day surgery/diagnostic imaging project. This project includes expanding day surgery to accomodate twelve patients and bringing all imaging services into centralized space. These changes will improve patient comfort, privacy and confidentiality. Other recent improvments include renovation to the Bloch Building to accomodate the Norris Cotton Cancer Center-North and construction of the Business and Conference Center. NVRH is also investing in information technology, including a PACS system.
1  The benchmarks are 50th percentile data from "The Sourcebook: The Comparative Performance of U.S. Hospitals", published by Solucient, LLC, and are all national groupings except for New England.
2  Rural Not-For-Profit.  The grouping includes rural not-for-profit hospitals in the U.S. having a number of beds between the number shown.
3  Standard and Poor's, the bond rating agency.  The bond rating is one indicator of how likely it is that a hospital would be able to borrow money.