Those projects include a $179 million emergency department, a $239 million patient tower and a $50 million clinical space near the hospital, according to the report. Banner Health expects the emergency department to open in July 2017, and the patient tower to open in late 2018.
The system is also investing $500 million to build a new hospital and clinic in Tucson, Ariz. The new hospital is being referred to as a replacement for Banner-University Medical Center Tucson, one of the two existing hospitals Banner acquired from UAHN through the merger.
Banner Health also plans to build a new 200,000-square-foot outpatient clinic adjacent to the University of Arizona Cancer Center’s North Campus in Tucson.
More articles on finance and revenue cycle management:
Illinois owes roughly $2.8B in healthcare debt: 4 things to know
Congressional budget analysts adjust ACA enrollment estimate to 12M: 5 things to know
UVM Health Network wants to pass along $15M in excess revenue
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
