15 hospital, health system construction projects worth $300M or more

https://www.beckershospitalreview.com/facilities-management/15-hospital-health-system-construction-projects-worth-300m-or-more.html?origin=cfoe&utm_source=cfoe

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Below are 15 hospitals or health systems that recently announced or completed construction projects worth more than $300 million in the last three months, reported by Becker’s Hospital Review.  

1. Georgia approves $1.5B Children’s Healthcare of Atlanta hospital: 3 notes
Georgia approved Children’s Healthcare of Atlanta’s certificate of need application to replace the 325-bed children’s hospital in Atlanta with a larger one containing 446 beds, also in Atlanta.

2. California hospital opens $340M emergency pavilion
Washington Hospital in Fremont, Calif., opened its $340 million emergency and critical care pavilion Nov. 12.

3. Banner University Medical Center opens 16-story tower 
Phoenix-based Banner University Medical Center opened its 16-story, $417.9 million patient tower Nov. 6.

4. Hackensack University Medical Center to break ground on $714M expansion next year
Hackensack (N.J.) University Medical Center is on track to begin its $714 million expansion in the first quarter of 2019.

5. City approves part of UPMC’s $2B expansion plan
The Pittsburgh Planning Commission approved on Oct. 23 UPMC’s plan to build a vision and rehabilitation hospital in Pittsburgh as part of the system’s $2 billion expansion.

6. Santa Barbara hospital completes $820M renovation
Santa Barbara (Calif.) Cottage Hospital completed a series of renovations Oct. 10 that totaled more than $820 million.

7. U of Maryland Shore Regional Health plans $350M replacement hospital
Baltimore-based University of Maryland Shore Regional Health filed a certificate of need for a $350 million hospital to replace Shore Medical Center in Easton (Md.)

8. $738M Coney Island Hospital renovation advances
Brooklyn, N.Y.-based NYC Health + Hospitals-Coney Island’s $738 million renovation plan will move forward after receiving a key approval from the state.

9. Maine Medical Center advances $525M expansion project
Portland-based Maine Medical Center is moving forward with the final phase of its $525 million expansion project, a six-story building with 64 inpatient beds.

10. Mayo Clinic invests nearly $800M to expand in Florida, Arizona
In an effort to meet rising patient demand, Mayo Clinic will invest nearly $800 million to expand its campuses in Arizona and Florida.

11. New York health system gets $180M loan for $480M expansion
Utica, N.Y.-based Mohawk Valley Health System secured the last piece of funding to finance its $480 million expansion project.

12. University Health System advances plans for $452M expansion
San Antonio-based University Health System is moving forward with its $452 million hospital expansion, which includes building a 302-bed tower.

13. Essentia Health seeks bonds for $800M campus upgrade
Duluth, Minn.-based Essentia Health is looking to secure $800 million in bonds to fund its campus upgrade.

14. Rural South Carolina hospital fears nearby $325M facility will wipe it out: 5 things to know
The Medical University of South Carolina, based in Charleston, got the greenlight from regulators to build a $325 million hospital in Berkeley County — an approval Orangeburg, S.C.-based Regional Medical Center says will threaten its viability as a rural healthcare provider.

15. JPS Health Network seeks $800M toward $1.2B in campus upgrades
Fort Worth, Texas-based Tarrant County Hospital District, which does business as JPS Health Network, is seeking voter approval for an $800 million bond proposal that would fund more than $1.2 billion in hospital upgrades.

 

Northwestern Medicine to open $399M hospital

https://www.beckershospitalreview.com/facilities-management/northwestern-medicine-to-open-399m-hospital.html

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Northwestern Medicine Lake Forest (Ill.) Hospital will open its $399 million replacement facility March 3, reports the Chicago Tribune.

Set on a 160-acre campus, the new 500,000-square-foot hospital houses 114 private inpatient rooms, 72 outpatient care spaces, 106 clinic examination rooms and eight operating rooms.  The surrounding campus has 7,000 feet of bicycle paths, 700 trees and a six-acre bond.

The new facility will replace the existing, aging Lake Forest Hospital. The old hospital will be partially demolished, while other parts may be repurposed.

Construction on the replacement facility began in August 2014.