Marriottsville, Md.-based Bon Secours broke ground Oct. 7 on a $370 million expansion at St. Mary’s Hospital in Richmond, Va., according to a news release shared with Becker’s. Five notes: 1. The expansion includes the addition of an eight-story, 200,000-square-foot…
Capital
Value-based care promises improved outcomes for patients, healthcare providers, and health plans, and there is growing pressure for health systems to shift from a traditional fee-for-service model to a value-based approach. Yet despite policy momentum and payer incentives, many hesitate…
Dallas-based UT Southwestern Medical Center and Children’s Health received a $25 million gift from the Harry W. Bass, Jr. Foundation to support their joint pediatric campus. The $5 billion campus is under construction in Dallas’ Southwestern Medical District across from…
Russell Springs, Ky.-based Russell County Hospital is set to break ground in October on the largest expansion in its more than 40-year history. The $32 million project will add approximately 30,000 square feet and renovate 7,000 square feet of existing…
Boston-based Mass General Brigham is planning to build an inpatient facility at its Brigham and Women’s Longwood campus, according to a Sept. 30 news release. The facility will replace the nearly 50-year-old Braunwald building, which holds 564 beds, mostly double…
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The Ohio State University Wexner Medical Center in Columbus has named its new nearly $2 billion hospital tower University Hospital. The tower is expected to open in February, according to an internal memo to staff obtained by The Columbus Dispatch.…
Memphis, Tenn.-based Regional One Health is moving forward with its planned $900 million hospital project. The health system has named several construction and architecture firms to design and build the new campus, according to a Sept. 29 news release shared…
Charleston, S.C.-based MUSC Health has broken ground on a new hospital and medical office pavilion in Indian Land, S.C. The development spans 84 acres, with 28 acres currently under construction, according to a Sept. 26 MUSC news release shared with…
University of New Mexico Hospital in Albuquerque will begin routing all adult emergency care to its new critical care tower on Oct. 5. The 570,000-square-foot tower includes 68 new beds in the adult emergency department, 96 intensive care beds, 18…
As hospitals and health systems emerge from the pandemic-era pause on capital projects, leaders now face a difficult duality: how to fund growth while maintaining and modernizing aging infrastructure. From deferred facility upgrades to urgent service line expansions, the list…