7 Recent Strategic Investments by Hospitals

Here are seven strategic investments hospitals announced in the past month, beginning with the most recent.

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1. Truman Medical Centers, a two-hospital system based Kansas City, Mo., plans to open its own grocery store with a local partner.

2. North Shore-Long Island Jewish Health System, based in Great Neck, N.Y., entered into a clinical collaboration agreement with CVS Caremark’s MinuteClinic.

3. Cleveland Clinic will begin offering urology services in Las Vegas in mid-April — a move that may hint at plans to open a specialty facility in Nevada.

4. Cleveland-based University Hospitals plans to build a new medical office building in Euclid, Ohio — adjacent to both its current building and Cleveland Clinic’s Euclid Hospital.

5. Irving, Texas-based CHRISTUS Health signed a memorandum of understanding with Pontificia Universidad Católica de Chile, a Chilean university in Santiago, to form a joint venture for the ownership, operation and expansion of PUC’s health network.

6.  Rochester, Minn.-based Mayo Clinic plans to expand the Mayo Clinic Care Network nationally and internationally to eventually reach 200 million people by 2020.

7. Franciscan Health System in Tacoma, Wash., plans to expand into Auburn, Wash., opening a primary- and specialty-care facility in the community.

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