9 hospital expansions, renovations costing at least $500M so far this year

So far in 2017, nine hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $500 million or more.

They are listed below, from highest price to lowest.

1. Penn Medicine plans $1.5B patient tower
Philadelphia-based University of Pennsylvania Health System disclosed plans in early May to build a 17-story, $1.5 billion patient tower.

2. Virtua moves closer to building $1B hospital: 5 things to know
Marlton, N.J.-based Virtua Health received approval from a state health planning board to pursue its proposed $1 billion hospital complex in Westampton, N.J., Philly.com reports.

3. Maricopa Medical Center to undergo $1B makeover
Officials at Phoenix-based Maricopa Integrated Health System, which oversees Maricopa Medical Center in Phoenix, in March selected a construction firm to manage the $1 billion project of replacing the medical center, according to AZCentral.

4. Kaiser Permanente opens first new medical center in San Diego County since 1975
Oakland, Calif.-based Kaiser Permanente opened its $850 million San Diego Medical Center in April, reports The San Diego Union-Tribune.

5. The Valley Hospital to build $735M facility: 4 things to know
The Valley Hospital in Ridgewood, N.J., in January announced plans to construct a new facility in Paramus, N.J., for an estimated $735 million, according to Healthcare Design Magazine.

6. MedStar Georgetown University Hospital to build $567M surgical pavilion by 2021
Washington, D.C.-based MedStar Georgetown University Hospital received approval from D.C.'s Zoning Commission in early June to go ahead with its planned $567 million surgical pavilion, according to the Washington Business Journal.

7. SSM Health Saint Louis University Hospital and physician group to build $550M academic medical center
SSM Health Saint Louis University Hospital and St. Louis-based SLUCare Physician Group in February announced plans to embark on a $550 million academic medical center and ambulatory care center in St. Louis.

8. $500M hospital in North Dakota to open this summer: 3 things to know
Construction was completed in February on the new 11-story, $500 million Sanford Medical Center in Fargo, N.D., according to a Valley News Live report.

9. Lutheran Health Network plans $500M investment
Fort Wayne, Ind.-based Lutheran Health Network, a subsidiary of Franklin, Tenn.-based Community Health Systems, will pursue a multiyear $500 million capital investment plan for nearly all of its facilities, according to a wane.com report.

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