MassDevelopment has issued a $4 million tax-exempt lease on behalf of Concord’s Emerson Hospital, which will use lease proceeds to acquire information technology software and hardware.

RBS Asset Finance purchased the lease.

"In the ever-evolving world of healthcare technology, MassDevelopment’s lease program offers a flexible financing option for the commonwealth’s hospitals and health providers," said MassDevelopment President and CEO Marty Jones. "This financing will help Emerson fulfill its mission of making high-quality health care accessible to Concord and residents of neighboring communities."

Founded in 1911, Emerson Hospital has its main campus in Concord and health centers in Westford, Groton, Bedford and Sudbury. In Concord, the hospital also has a Center for Specialty Care. The Concord and Westford locations host its Center for Sports Rehabilitation and its Breast Health Center. In addition to its health care services, the Hospital offers diagnostic imaging that uses advanced technologies, such as digital mammography and PET-CT scanning.

"We look forward to using these funds to enhance our information technology systems, furthering our mission to provide ‘premium care with a personal touch,’" said Christine Schuster, president and CEO of Emerson Hospital. "We put the patient at the center of all we do. Our health information exchange will allow us to have a provider-centric Web-based portal consolidating hospital, specialist, and primary care data into one view. As our technology becomes increasingly sophisticated, these funds will enhance the patient experience."