In the last two months, seven hospitals and health systems announced, advanced or completed expansion and renovation projects with price tags of $500 million or more.

Oscar Health officially filed for an initial public offering Feb. 5.

Below are seven hospitals or health systems that purchased or announced plans to buy land for expansions in the last six months, as reported by Becker's Hospital Review.

Destination Medical Center, a $5.6 billion public-private project backed by Rochester, Minn.-based Mayo Clinic, is forging ahead despite the COVID-19 pandemic, according to the Star Tribune. 

Birmingham, Ala.-based Encompass Health and Tulsa, Okla.-based Ascension St. John said Feb. 8 they plan to build a 40-bed inpatient rehabilitation hospital in Owasso, Okla.

Oklahoma selected four health insurers to manage its Medicaid program, called SoonerSelect.

Eleven hospitals or health systems have announced, advanced or completed construction projects in the last two weeks: 

QHR Health, a subsidiary of Brentwood, Tenn.-based Quorum Health, is being engaged to help provide management, advisory and business operational services to a hospital in Arizona slated to open next year, according to news website AZ Central.

Dayton, Ohio-based Kettering Health Network will build a one-story, 42,000-square-foot hospital in Springfield, Ohio.

Construction is slated to begin on two children's hospitals in Austin, Texas, this year, according to Community Impact Newspaper.