4 children’s hospital projects worth $1B+ in 2024

Four health systems are planning or have opened new pediatric facilities in 2024, each costing $1 billion or more.

Advertisement

Becker’s has reported on the following projects since July 18:

1. Salt Lake City-based Intermountain Health shared plans for a $1 billion freestanding children’s hospital in Las Vegas. A report estimated the cost based on a 150-bed hospital with clinics, an emergency department and medical offices. The facility could take up to five years to plan and develop.

2. Dallas-based Children’s Health and UT Southwestern Medical Center broke ground on its $5 billion pediatric campus in October. It will replace Children’s Medical Center Dallas and include two towers with 552 beds.

3. The $1.5 billion Arthur M. Blank Hospital in Atlanta began accepting patients at its pediatric trauma center emergency department on Sept. 29. The new hospital spans 2 million square feet and has 446 beds.

4. UCSF Benioff Children’s received approval from the University of California board of regents in July for a new $1.49 billion hospital on its Oakland, Calif., campus. The 277,500-square-foot facility is expected to open in 2030 with 137 single-patient rooms.

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Capital

Advertisement

Comments are closed.