Capital

Lexington (S.C.) Medical Center has purchased 65 acres for $10 million, according to an Aug. 22 The Post and Courier Columbia report.

Fort Worth, Texas-based JPS Health Network, a 582-bed system, is likely to go over a $1.5 billion budget for new capital projects, according to an Aug. 18 Fort Worth Star-Telegram report.

Palo Alto, Calif.-based Stanford Health is planning to take on $300 million of debt to finance various projects, according to an Aug. 18 filing.

As financial pressures and workforce shortages mount, some hospitals and health systems are forced to end services. When cuts come to town, maternity units increasingly find themselves in trouble.  

Harris County, Texas, commissioners approved an election for a $2.5 billion bond for Bellaire, Texas-based Harris Health's upgrades and expansion project, the Houston Chronicle reported Aug. 17.

Charleston, S.C.-based Trident Medical Center is looking to build a $277 million hospital on Johns Island, S.C., local news outlet WCBD reported Aug. 17.

Peru, Ill.-based St. Margaret's Health, which closed in January 2023, might not reopen this year as planned as bankruptcy proceedings drag on, local news outlet WCBU reported Aug. 15.

Los Angeles held its spot as the most expensive U.S. city to construct a general hospital in the second quarter of 2023, with other cities not far behind. 

The University of Texas System announced plans to build two hospitals as part of the University of Texas at Austin Medical Center, a new, comprehensive cancer center operated by MD Anderson and a specialty UT Austin hospital, with an estimated price tag of…

The CVS Health Foundation, the philanthropic arm of CVS Health, donated $1.66 million to Boston-based Massachusetts General Brigham to improve Black maternal health outcomes.