The University of Mississippi Medical Center has been approved to receive a $112 million bond, which was recently granted by the state college board to go largely go toward construction projects.
This bond is the largest amount of money UMMC has ever received, and it will be used to reimburse the medical center for $34 million in debt from previous projects, as well as pay for 61 other projects.
James Keeton, UMMC’s vice chancellor for health affairs, said the money will act as a bridge to fund projects past, current and future.