Through the agreement, Cerner will be reimbursed $1.75 billion of the total $4.45 billion price. The public assistance will come from Tax Increment Financing revenue, super TIF revenue and state supplemental TIF revenue.
The campus will include approximately 4.7 million square feet of office space and bring 16,000 jobs to the area. The first of the campus’s two towers was completed in March.
https://www.beckershospitalreview.com/healthcare-information-technology/cerner-completes-1st-buildings-at-new-campus.html
More articles on health IT:
The friendly side of ransomware: Hackers mimic customer service technique to make payment easier
Mayo Clinic, GE Ventures launch platform to improve access to cell, gene therapies
Tift Regional Health System signs Cerner for IT, RCM
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.