June 21, 2018
Hospitals and healthcare systems across the United States are actively improving their existing facilities though upgrades and expansions, and building new facilities to replace older ones or to serve growing areas. Here are 10 hospitals that are investing for the future.
1. Atrium Health’s $1B Capital Projects Plan
Charlotte, N.C.-based Atrium Health is embarking on its largest capital investment plan in the system’s history. It will spend more than $1 billion to upgrade and expand several facilities in its network, as well as technology and new facilities to reposition the system for the next 50 years. If approved, the projects would take place over a seven-year period.
2. IU Health’s $400M Academic Complex (pictured above)
Bloomington-based Indiana University Health began construction of its $400 million, 735,000-SF Regional Academic Health Center. With a scheduled completion of 2020, the five-floor complex will house IU Health’s inpatient and outpatient services, and will offer 115,000 square feet dedicated to health sciences education and research.
3. Children’s Healthcare of Atlanta’s $1.5B Campus
Children’s Healthcare of Atlanta took the first step toward breaking ground on its $1.5 billion replacement facility by filing a letter of intent with the state of Georgia to obtain a certificate of need. The proposed campus would span 70 acres and feature two patient towers with 446 beds, as well as an attached clinic and medical office building. If the project is approved, completion is scheduled for 2025.
4. Jersey Shore University Medical Center’s $256M Patient Tower
Neptune City-based Jersey Shore University Medical Center opened a 10-story, 300,000-SF patient tower earlier this week. The $265-million state-of-the-art facility, located on the east side of the hospital’s campus, features a world-class cancer treatment center, modern clinical offices for pediatric and adult specialties, and high-tech academic and research space.
5. Sentara Norfolk’s $199M Expansion
Sentara Norfolk (Va.) General Hospital will wrap up construction of its $199-million expansion project by the end of June. The project will add a new rooftop helipad and three floors to two existing wings, expand the emergency department, and consolidate the hospital’s 54 ICU beds on two floors. The hospital is Hampton Road’s only Level I Trauma Center, and the primary teaching hospital for Eastern Virginia Medical School.
6. Augusta University Medical Center’s $150M Hospital
A Georgia court has ruled that Augusta (GA) University Medical Center can build a $150 million, 100-bed hospital in Columbia County. Although AUMC obtained a certificate of need to build the facility in November 2014, two competing hospitals—Doctors Hospital of Augusta and University Health Care System, also based in Augusta—appealed the decision in 2014 and lost. Doctors Hospital has fought the ruling for three years.
7. Banner Health’s $150M+ Suburban Hospital
Phoenix-based Banner Health will soon break ground on a four-story, 120-bed hospital in Chandler, AZ. The facility, which has an estimated price tag of more than $150 million, will offer emergency care, intensive care, surgical procedures, imaging services as well as labor and delivery services. It will be built adjacent to the existing Banner Health Center in Chandler. Construction is slated for completion in the fall of 2020.
8. Intermountain Healthcare’s 45-Acre Campus
Salt Lake City-based Intermountain Healthcare will begin construction on its $150-million community hospital in mid-August. Situated on 45 acres, Spanish Fork Hospital will offer a large labor and delivery unit, 12 emergency department rooms, as well as surgery suites, imaging services, and urgent care. It is slated for completion in 2020.
9. KU Health System’s New $100M Hospital
University of Kansas Health System opened a $100 million hospital on its Indian Creek Campus based in Overland Park, KS. The three-story hospital features 34 private rooms, eight operating rooms, an ambulatory clinic and expanded women’s oncology services. Construction on the facility took two years.
10. Allegheny Health’s 4 Micro-Hospitals
As part of its $1 billion investment strategy, Pittsburgh-based Allegheny Health Network will open four micro-hospitals in 2019. The neighborhood hospitals, which will be open 24/7, will feature 10 inpatient beds, an emergency department, and a diagnostic services department. The hospitals will be staffed with on-site primary and specialty care physicians. Texas-based Emerus will build and manage the new facilities.
For questions, comments or concerns, please contact Jennifer Duell Popovec