Grand Forks, ND-based Altru Health is looking at raising up to $150 million in a future bond issuance to help finance its expansion project, per Becker’s.
The new $380 million hospital project, which is expected to see its first patients in early 2025, is a seven-story facility featuring 226 beds and a neonatal intensive care unit. Part of the potential money raised could also be used for related renovation work, according to the filing.
