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BURLINGTON — Bolstered by a $130 million tax-exempt bond awarded by the state, Lahey Health plans to spend over $170 million on its hospital facilities, with a new $162 million electronic medical records system as the centerpiece.
MassDevelopment,the state’s finance and development agency, issued the bond to Lahey Hospital & Medical Center in June.
Dr. Howard Grant, Lahey chief executive officer, said the hospital also planned to purchase medical equipment for radiology, operating rooms, cancer services, information technology infrastructure, and telemetry patient monitors. While the total equipment cost has yet to be announced, Lahey will spend over $12 million to build a new cogeneration power plant at its Burlington medical center.
Grant said the new electronic medical records system would benefit patients and staff. The system will allow patients to schedule appointments, review test results, and contact their doctors directly.