Capital

Dignity Health Dominican Hospital in Santa Cruz, Calif., is seeking approval for a $360 million renovation and expansion project, according to local news station KSBW. 

Morgantown-based West Virginia University Health System plans to invest $110 million to revamp the Fairmont (W.Va.) Medical Center, which almost shut down last year, according to a June 4 news release. 

SCL Health is planning a $650 million replacement hospital in Wheat Ridge, Colo., according to The Colorado Sun. 

Kaiser Permanente and Providence Southern California are working together on a $750 million hospital to replace the aging Providence St. Mary Medical Center in Apple Valley, Calif., according to the Daily Press. 

Eight health insurers made Fortune's 2021 list of the top 500 highest-earning U.S. companies. Here's how they ranked based on total revenue for the fiscal year ended Dec. 31, 2020:

Eight hospitals or health systems have announced, advanced or completed construction projects in the last week.

Buckhannon, W.Va.-based St. Joseph's Hospital, part of WVU Medicine, has filed an objection to Mon Health's proposed 29-bed replacement hospital, arguing it will result in millions of dollars in lost revenue per year, according to WV News. 

Pittsburgh-based UPMC provided an update May 28 on its $2 billion investment to build three digitally centered specialty hospitals. 

Tennessee Gov. Bill Lee signed a bill into law that makes several changes to the state's certificate-of-need requirements.

Piedmont Medical Center in Rock Hill, S.C., has started construction on its new hospital in Fort Mill, S.C., marking visible progress in a more than 15-year effort to open a facility in the area, according to the Charlotte Business Journal.