Tampa (Fla.) General Hospital plans to build a hospital, clinic and medical office building in east Ybor City, a neighborhood in Tampa. The project would expand the system’s footprint within the Tampa Medical and Research District, according to an Oct.…
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Boca Raton, Fla.-based West Boca Medical Center has invested more than $35 million into hospital upgrades, South Florida Hospital News reported Nov. 3. These investments include renovating the emergency department, enhancing women’s services by upgrading obstetrics ED and the comprehensive…
Manchester, N.H.-based Catholic Medical Center broke ground on its freestanding emergency room, New Hampshire Union Leader reported Nov. 3. The Nashua Emergency Room — a $16 million, 10,000-square-foot facility — will provide 24/7 high-acuity care, including advanced diagnostics and on-site…
Indianapolis-based IU Health reported an operating income of $6.4 million (0.3% margin) in the third quarter, down from $119.7 million (5% margin) in the third quarter of 2024, according to financial documents published Oct. 29. For the nine months ending…
Entrepreneur and philanthropist Tom Golisano has committed a combined $253 million to six children’s hospitals, creating an alliance designed to expand access to pediatric care. Mr. Golisano launched the Golisano Children’s Alliance, uniting the six hospitals and four existing Golisano…
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Salt Lake City-based Intermountain Health has launched a historic fundraising campaign to build Nevada’s first freestanding children’s hospital, a $1 billion vision aimed at transforming pediatric care in the state. Three things to know: 1. Intermountain has named Bill Hornbuckle,…
Good Samaritan Hospital, owned by Nashville, Tenn.-based HCA Healthcare, will break ground on a $1.3 billion expansion project Oct. 29. The project’s first phase will involve the construction of a new structured parking facility at the San Jose, Calif.-based hospital. …
New York will provide Valhalla, N.Y.-based Westchester Medical Center Health Network with up to $100 million to support its takeover of Bon Secours Charity Health System and HealthAlliance of the Hudson Valley. The funding is part of New York’s $2.6…
Nonprofit hospitals are watching the financial markets closely to monitor investment income and the potential impact of a sharp equity market correction on liquidity. Fitch Ratings released a statement Oct. 23 noting a market correction would cause a decline in…
University Hospital and Rutgers Health broke ground Oct. 23 on the first phase of a multi-year campus redevelopment plan for their shared campus in Newark, N.J., a hospital spokesperson confirmed to Becker’s. The project aims to expand access to care,…