9 hospital expansions, renovations costing at least $1B this year

So far in 2018, nine hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion or more.

They are listed below, from highest price to lowest:

1. Banner Health has $1.7B worth of construction projects in the works
Phoenix-based Banner Health has 386 active construction projects in its markets, totaling $1.7 billion. 

2. Colorado VA hospital to open $1B over budget after 5-year delay
Although it's five years behind schedule and $1 billion over budget, the Rocky Mountain Regional VA Medical Center opened to outpatients July 27 and inpatients Aug. 4. The $1.7 billion, 1.2 million-square-foot medical facility based in Aurora, Colo., will replace an aging VA hospital on a 31-acre campus.

3. Children's Healthcare of Atlanta advances plan for $1.5B campus: 5 things to know
Children's Healthcare of Atlanta filed a letter of intent with the State of Georgia to obtain a certificate of need — the first step toward breaking ground on its proposed $1.5 billion construction project.

4. UC San Francisco to construct $1.5B hospital with support from record $500M donation
UC San Francisco unveiled plans Feb. 8 to construct a $1.5 billion replacement hospital, which will be supported by a record-breaking $500 million commitment.  

5. 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.

6. NewYork-Presbyterian unveils $1.1B ambulatory care center
New York City-based NewYork-Presbyterian completed construction on its David H. Koch Center, a $1.1 billion ambulatory care facility in Manhattan that will soon become home to a women and children's hospital.

7. Atrium Health to spend $1B on capital projects: 6 things to know
Charlotte, N.C.-based Atrium Health plans to spend more than $1 billion to upgrade and expand several facilities across its network — representing the largest capital investment in the health system's history.

8. Indiana University Health prepares for $1B transformation
Indianapolis-based Indiana University Health is preparing for a major consolidation project, expected to cost $1 billion.

9. Part of a $1B expansion project: BJC Healthcare unveils 12-story patient tower
As part of a planned $1 billion transformation project, St. Louis-based BJC Healthcare unveiled its 12-story inpatient tower at St. Louis-based Barnes-Jewish Hospital and an expansion of St. Louis Children's Hospital Jan. 19.

More articles on facilities management:
Froedtert to build 2nd Wisconsin neighborhood hospital
Kaiser to open medical center in Maryland
Developers want to return healthcare services to vacant Illinois hospital site

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