Capital

Michael Jordan donated $10 million to Novant Health New Hanover Regional Medical Center in Wilmington, N.C., in honor of his mother, according to a Nov. 18 news release shared with Becker’s.  Mr. Jordan, who has a long-standing partnership with Novant…

Brentwood, Tenn.-based Ardent Health’s board of directors has authorized a share repurchase program of up to $50 million. “With a strong balance sheet and significant financial capacity, we are well positioned to act decisively when market conditions present attractive opportunities,”…

Sioux Falls, S.D.-based Sanford Health is establishing a new medical center in Rapid City, S.D. with the help of a $300 million gift from philanthropist Denny Sanford.  Construction on the proposed 480,000-square-foot facility is scheduled to begin in 2027 and…

Sutter Health’s continued growth as a comprehensive, integrated health system in Northern California took another step Nov. 17 with the announcement of plans to build a new medical center on a 13.63-acre site near Levi’s Stadium in Santa Clara.  The…

Nashville-based Ascension Saint Thomas said it is investing more than $537 million in capital projects across Middle Tennessee, according to a Nov. 13 news release. The system said the investments will support new facilities, expanded inpatient capacity and technology upgrades…

Novant Health plans to build a $16.5 million freestanding emergency department in Cornelius, N.C., a suburb of Charlotte. The health system filed a certificate of need application with the North Carolina Department of Health and Human Services to develop the…

Madison, Wis.-based UW Health has kicked off construction of its $122 million University Row Medical Center in Madison, which will expand the system’s Digestive Health Center.  The four-story medical center is part of a long-term plan to exit UW Health’s…

Sarasota (Fla.) Memorial Health Care System broke ground Nov. 7 on a $507 million hospital in North Port, Fla.  Sarasota Memorial Hospital-North Port will sit on 32 acres, and will be the system’s third facility, according to a Nov. 7…

Buffalo, N.Y.-based Kaleida Health and Dunkirk, N.Y.-based Brooks-TLC Hospital System have filed a certificate of need for a new hospital in Fredonia, N.Y., a project nearly a decade in the making. The organizations submitted a proposal for the $223 million…

Beaufort (S.C.) Memorial Hospital has begun work on a new hybrid emergency and urgent care facility on Hilton Head Island. The $16.6 million project is a joint venture led by Beaufort Memorial, in partnership with Dallas-based Intuitive Health and Charleston,…