Corporate Partners Support Rebuild of Goleta Valley Cottage Hospital
Community West Bank, ExxonMobil, and Montecito Bank & Trust have donated a combined $160,000 toward Building Well. Being Well. The Campaign for the new Goleta Valley Cottage Hospital.
These three contributors are the first supporters of the newly launched Corporate Partner Program. ExxonMobil donated $60,000, and Community West Bank and Montecito Bank & Trust each contributed $50,000.
According to Diane Wisby, Vice President of Goleta Valley Cottage Hospital, “Members of our Corporate Partner Program, co-chaired by Jim Knight and Craig Zimmerman, are helping us create a state-of-the-art health care campus for the 21st century. They recognize and value that excellent and accessible health care for the local work force and customer base fosters a highly productive business environment from which we all benefit.”
Cottage Health System is in the process of building a new Goleta Valley Cottage Hospital to meet California’s requirements to withstand a major earthquake and to provide a larger facility designed to accommodate the medical technologies that have evolved during the past decades. The rebuild will also position the hospital and Cottage Health System to respond to the growing health care needs of the region.
The new, two-story hospital will have a total of 152,000 square feet and is expected to be completed by late 2013. Plans include more than doubling the size of the Emergency Department and expanding both the Surgical Services Department and the Center for Wound Management. The new facility will improve patient privacy by providing all private rooms.
By law all hospitals in California must be rebuilt or renovated to be able to withstand a major earthquake; however the rebuilding project is unfunded by any local, state or national agency.
Although the state is requiring the work, it is providing no funding to help hospitals reach this deadline goal originally set for 2013. There is also no funding coming from any local or national agency
The new Goleta Valley Cottage Hospital has an estimated total cost of $114 million. Funds to pay for the rebuild will come from hospital operations, tax-exempt bonds and community donations. The Campaign for the new Goleta Valley Cottage Hospital has a goal to raise $14 million toward the total rebuilding cost. Community leaders Donald Anderson and William Peeples are co-chairs of the fundraising drive.