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Eisenhower Medical Center raises $110 million to aid hospital programs
The Desert Sun

Eisenhower Medical Center has raised $110 million by issuing tax-exempt bonds to finance several key programs and refinance short-term debt. The cash infusion from a bond sale that closed Wednesday will help the Rancho Mirage hospital develop and expand primary care facilities and programs, among other initiatives, said Kimberly Osborne, chief financial officer.

The move comes as the Coachella Valley and other areas of the country are experiencing a shortage of primary care physicians.