Construction & Facilities Management
The Florida investment was the largest, but hospitals and systems continue to pump money to improve and expand their facilities.
Hospitals will have to adapt to these changing technologies to stay competitive in their respective markets.
A number of hospitals and health systems have new projects underway, with investments reaching as high as $500 million.
TriStar Health will be investing $500 million in construction projects due largely to growth in the Nashville area; systems in other states set to expand.
The new building, which will house 345,000 square feet of space, is their first new building in 20 years, the system says.
The new facility, part of a broader $600 million acquisition and renovation strategy, comes as other health networks are also making similar investments.
New expansions and renovations promise more space, enhanced services and for one Alaska hospital, potential long-term cost savings.
The Henry Ford Pancreatic Cancer Center will focus on various initiatives that hope to yield earlier detection for a disease that is often identified too late.
Two healthcare systems have agreed to build and equally co-own a new hospital.
The new Nantucket Cottage Hospital is being built directly next to the current one, which will be removed once the new building is up and running.