Haddon Avenue and Vesper Avenue
From the book, Camden County Medical Society, 1846-1956, published by the Camden County Medical Society, 1957
Our Lady of Lourdes Hospital, Camden, New Jersey, was opened to patients on July 1, 1950, for the care of all races, colors, and creeds. The hospital is owned and operated by the Sisters of St. Francis, Allegany, New York, who have thirteen other hospitals from Massachusetts to Florida. It is a general hospital with 302 beds and 60 bassinets. It is fully approved by the Joint Commission on the Accreditation of Hospitals as well as by the Council on Medical Education of the A.M.A. for the training of interns.
The cost of the construction was $3,940,000 and the equipment reached a cost of $800,000. It was financed chiefly through a loan from an insurance company. Some of the funds were raised through public subscription, approximately $1,200,000. The interest and the amortization of the principal of the loan amount to five hundred dollars a day.
Current plans are for a Nursing School and Residence at a cost of $1,500,000.
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