Capital Finance
The gift from the Pogue Foundation is one of only four $100 million philanthropic gifts ever publicly announced in North Texas.
Kaiser says the sale is an investment decision rather than due to liquidity concerns.
The hospital will include surgical services, a 30-bed inpatient rehabilitation unit and a full complement of imaging services.
Total transacted revenue of $12B for the quarter is near historically high levels, finds Kaufman Hall.
The center is designed to accommodate more than 80 principal investigator teams, as well as more modern technology.
Plans for the new facility will be to grow around the existing emergency and radiology departments, and increase inpatient beds.
The funding will go toward a new cardiovascular tower and emergency department, among other upgrades.
Digital health technology needs to be interoperable within the health system, says Siddhartha Mukherjee.
The era of low interest "free money" is being replaced by more thoughtful investment.
The organizations say their combined strengths will help to advance the level of care for patients in New York and Connecticut.