15 hospital, health system construction projects worth $300M or more

Below are 15 hospitals or health systems that recently announced or completed construction projects worth more than $300 million in the last three months, reported by Becker's Hospital Review.  

1. Georgia approves $1.5B Children's Healthcare of Atlanta hospital: 3 notes
Georgia approved Children's Healthcare of Atlanta's certificate of need application to replace the 325-bed children's hospital in Atlanta with a larger one containing 446 beds, also in Atlanta.

2. California hospital opens $340M emergency pavilion
Washington Hospital in Fremont, Calif., opened its $340 million emergency and critical care pavilion Nov. 12.

3. Banner University Medical Center opens 16-story tower 
Phoenix-based Banner University Medical Center opened its 16-story, $417.9 million patient tower Nov. 6. 

4. Hackensack University Medical Center to break ground on $714M expansion next year
Hackensack (N.J.) University Medical Center is on track to begin its $714 million expansion in the first quarter of 2019.

5. City approves part of UPMC's $2B expansion plan
The Pittsburgh Planning Commission approved on Oct. 23 UPMC's plan to build a vision and rehabilitation hospital in Pittsburgh as part of the system's $2 billion expansion.

6. Santa Barbara hospital completes $820M renovation
Santa Barbara (Calif.) Cottage Hospital completed a series of renovations Oct. 10 that totaled more than $820 million.

7. U of Maryland Shore Regional Health plans $350M replacement hospital
Baltimore-based University of Maryland Shore Regional Health filed a certificate of need for a $350 million hospital to replace Shore Medical Center in Easton (Md.)

8. $738M Coney Island Hospital renovation advances
Brooklyn, N.Y.-based NYC Health + Hospitals-Coney Island's $738 million renovation plan will move forward after receiving a key approval from the state.

9. Maine Medical Center advances $525M expansion project
Portland-based Maine Medical Center is moving forward with the final phase of its $525 million expansion project, a six-story building with 64 inpatient beds.

10. Mayo Clinic invests nearly $800M to expand in Florida, Arizona
In an effort to meet rising patient demand, Mayo Clinic will invest nearly $800 million to expand its campuses in Arizona and Florida.

11. New York health system gets $180M loan for $480M expansion
Utica, N.Y.-based Mohawk Valley Health System secured the last piece of funding to finance its $480 million expansion project. 

12. University Health System advances plans for $452M expansion
San Antonio-based University Health System is moving forward with its $452 million hospital expansion, which includes building a 302-bed tower. 

13. Essentia Health seeks bonds for $800M campus upgrade
Duluth, Minn.-based Essentia Health is looking to secure $800 million in bonds to fund its campus upgrade.

14. Rural South Carolina hospital fears nearby $325M facility will wipe it out: 5 things to know
The Medical University of South Carolina, based in Charleston, got the greenlight from regulators to build a $325 million hospital in Berkeley County — an approval Orangeburg, S.C.-based Regional Medical Center says will threaten its viability as a rural healthcare provider.

15. JPS Health Network seeks $800M toward $1.2B in campus upgrades
Fort Worth, Texas-based Tarrant County Hospital District, which does business as JPS Health Network, is seeking voter approval for an $800 million bond proposal that would fund more than $1.2 billion in hospital upgrades.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars