The Martha’s Vineyard Hospital announced this week that it will buy the Thorncroft Inn in Vineyard Haven to house traveling medical professionals, including doctors and nurses. “The hospital spends more than $800,000 per year in costs related to housing medical professionals who travel to the Island to provide necessary patient services at the hospital. Most of the costs for housing occur during the s ummer months,” the hospital said in a brief announcement about the purchase.

The purchase price is $2.35 million, including land, buildings and furniture. The property is off Franklin street in Vineyard Haven. The current owners are Lynn and Karl Buder.

In the announcement the hospital said the purchase is contingent on permission from the town of Tisbury for a change of use for the property.