Virtua moves closer to building $1B hospital: 5 things to know

Marlton, N.J.-based Virtua Health received approval from a state health planning board to pursue its proposed $1 billion hospital complex in Westampton, N.J., reports.

Here are five things to know.

1. Virtua proposed the construction of a nine-story hospital and nine other buildings, including surgical centers and an assisted living complex, in August 2015.  

2. The New Jersey Health Planning Board unanimously approved Virtua's plan Thursday, but outlined 12 recommendations the proposal must meet. The board also required Virtua to gain approval from the state Department of Environmental Protection before beginning construction.

3. The proposed 339-bed hospital would replace Virtua Memorial Hospital in Mount Holly, N.J.

4. Construction is set to begin next year and reach completion by 2022, according to the report.

5. The proposal will be reviewed next by New Jersey's health commissioner.  

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