Capital

From expansions to new hospitals, here are seven completed hospital projects Becker's has reported since June 13:

Los Angeles is the most expensive city to build a hospital costing $970 per square foot at the high end of the range, according to a second quarter 2023 report from construction consulting firm Rider Levett Bucknall.

Maine Gov. Janet Mills announced $25 million in new financing for Maine hospitals to help address COVID-19-related financial challenges.

Supply chain issues, inflation and capital costs caused hospitals in Pennsylvania, Arizona, New Jersey and Virginia to delay or scrap expansion plans.

Rochester, Minn.-based Mayo Clinic will add 24 more beds than expected at its $198 billion hospital under construction at its La Crosse, Wis., campus, the La Crosse Tribune reported June 28. 

Richmond, Va.-based VCU Health abandoned a $325 million downtown medical office project that will keep it on the hook for $80 million.

Savannah, Ga.-based Memorial Health has broken ground on a new medical office building next to the children's hospital that will allow it to relocate children's outpatient services, Fox affiliate WTGS reported June 27.   

Dallas, Ore.-based West Valley Hospital held a ribbon cutting June 27 to mark the opening of 19 new licensed beds at the Salem (Ore.) Health-owned critical access hospital. 

The University of Kansas Cancer Center has received a $100 million gift to build a destination cancer center in Kansas City.

The Illinois Health Facilities and Services Review Board approved UChicago Medicine's plan to build a $815 million cancer care and research pavilion on Chicago's South Side.