Ascension St. Vincent’s buys 33 acres for Florida hospital

Jacksonville, Fla.-based Ascension St. Vincent’s purchased a parcel of land in Florida’s St. Johns County for nearly $18 million, according to The Jacksonville Daily Record.

Advertisement

The health system bought more than 33 acres of land on July 23 and said it plans to use it for a new hospital. 

The $115 million, 150,000-square-foot hospital will have 56 beds and is slated for completion in 2022. 

More articles on capital projects: 
11 hospitals planning upgrades, expansions
Dartmouth-Hitchcock breaks ground on 5-story pavilion
Northwell plans $460M expansion of Southside Hospital

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.