Construction & Facilities Management
The group said CMS either missed its deadline or misinterpreted provider information when denying mid-build exceptions.
With the endowment, it is expanding its graduate medical education program, investing in community health and building a virtual hospital.
The new hospital will include 264 private rooms, and 110 additional private rooms will be created in University Hospital.
Expected to open in 2025, the $1.5 billion facility will offer cardiac, hematology/oncology and transplant services.
With more than 3,500 Walmart Supercenters in the U.S., it has the foundation, price model and recognizable name to disrupt the clinical care space.
The hospital will provide 820 beds in private room settings and will facilitate training for up-and-coming healthcare providers.
The two companies are building this second hospital to address increasing demand in the Phoenix area.
For the next three years, every borough except Staten Island is expected to have an increase in spending.
Rent deferments will help some hospitals in the short term while the interest will make real estate companies whole by year's end.
The decision is unrelated to the current COVID-19 coronavirus pandemic, Kaiser says.