Henry Ford Health System Plans $500M Expansion of Flagship Campus

Detroit-based Henry Ford Health System plans to invest $500 million in an expansion of its flagship campus in Detroit, according to a report by the Detroit Free Press.

Advertisement

The entire project, which would include a 300-acre residential, retail and business development near the campus, will total $1 billion, $500 million of which would be raised by outside developers, according to the report.

The project is being called a “community health park” and could also include a research facility built in partnership with Wayne State University School of Medicine, according to the report.

Read the Detroit Free Press’s report on the Henry Ford community health park.

At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.

Advertisement

Next Up in Leadership & Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.