Capital Project Success Depends on Strong Board Oversight
Princeton Health Care System initiated a new capital project planning and oversight process to ensure both project success and community awareness. The New Jersey nonprofit includes the University Medical Center at Princeton (UMCP), an acute care community teaching hospital; Princeton House Behavioral Health; Princeton Rehabilitation Services; Merwick Care Center, a skilled nursing facility; Princeton HomeCare Services; UMCP Surgical Center; Princeton Fitness & Wellness Center; and Princeton HealthCare System Foundation. Princeton HealthCare System has 477 licensed beds, more than 2,800 employees, 45 residents and fellows, and 960 physicians affiliated with the system. In 2007, the system’s operating revenue was approximately $350 million.