News

Spencer Hospital Property Purchase

Spencer Hospital Property Purchase

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Spencer, IA (KICD)–The Spencer Hospital Board of Trustees approved a pair of purchases at their meeting this morning.

Hospital President Bill Bumgarner tells KICD News that they are purchasing a apartment building located on the east side of Grand Avenue.

Recognizing the need for rental units in the city Bumgarner says the hospital will continue to rent out the apartments to the current tenants. He does foresee the possibility in the mid term of using the apartments to offer overnight accommodations to out-of-town patients or family members who have special care circumstances.

The acquisition cost came to $375,000.

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