Capital

Orlando (Fla.) Health's board of directors has approved Orlando Regional Medical Center's $300 million expansion plan.

Tri-City Medical Center in Oceanside, Calif., has unveiled construction plans that would almost double the size of the current hospital, according to a North County Times report.

Northwestern Memorial Hospital's proposed outpatient care pavilion in Chicago could call for more than 650 permanent jobs and 700 construction jobs, according to a Chicago Tribune report.

Vanguard Health Systems may be more than $20 million short on meeting its promise of capital improvements for Detroit Medical Center, which Vanguard made when it acquired DMC in January, according to a Detroit News report.

While healthcare reform and the renewed focus on reducing federal spending have created a great deal of uncertainty for healthcare providers, investors appear to have rejected the possibility of a completely gloomy future and instead are working to identify investments…

McKesson reported $30.2 billion in revenue for the second quarter of 2011, a 10 percent increase over the second quarter revenue of 2010, according to a McKesson news release.

Presbyterian Healthcare Services, based in Albuquerque, will open its new Presbyterian Rust Medical Center to the public this weekend, according to a News West 9 report.

The Montgomery County Planning Board has approved plans to build a new Holy Cross Hospital on Montgomery College's Germantown (Md.) campus, according to a Gazette report.

The University of Miami in Florida is planning to build a $112 million research park that would include clinical space and a hotel, according to a Miami Herald report.

Trenton, N.J.-based Capital Health System unveiled a new $540 million hospital in Hopewell Township, N.M., last week, which will replace its Mercer Medical Center in Trenton, according to a Philadelphia Business Journal report.