Banner Good Samaritan Terminates Lease for Phoenix Children’s NICU

Phoenix-based Banner Health has terminated Phoenix Children’s Hospital’s lease for a Neonatal Intensive Care Unit within Banner Good Samaritan Medical Center in Phoenix, according to a Phoenix Children’s announcement.

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Phoenix Children’s Hospital will now concentrate its NICU services at its existing level III NICU located at its main campus.

Banner Health conveyed its decision to terminate the lease following a binding arbitration ruling related to Phoenix Children’s Hospital’s strategic alliance with Dignity Health Arizona in Phoenix.

According to an announcement from Banner Health, the NICU lease contained a provision that allowed Banner to terminate it if Phoenix Children’s Hospital became aligned with another Arizona health system.

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