Six hospital construction projects with price tags of $1 billion or more have been announced or have advanced since Dec. 1, 2021, as reported by Becker's.
1. VA plans $1B replacement hospital in New York
The U.S. Department of Veterans Affairs has submitted a preliminary $1 billion proposal to replace the Buffalo (N.Y.) VA Medical Center, The Buffalo News reported March 4.
2. $1.7B upgrade of Harbor-UCLA Medical Center gets key approval
The Los Angeles County Board of Supervisors on Feb. 8 approved a $1.7 billion capital project for Harbor-UCLA Medical Center in West Carson, Calif.
3. $3.8B UC Davis hospital gets green light despite concerns
Expansion plans for Sacramento, Calif.-based UC Davis Medical Center have been approved by a committee of the University of California Board of Regents after the university agreed to include support for underserved populations in the community, the Sacramento Business Journal reported Jan. 30.
4. Cleveland Clinic investing $1.3B in capital projects
Cleveland Clinic is investing $1.3 billion in capital projects in 2022, CEO and President Tom Mihaljevic, MD, said in an annual State of the Clinic address Jan. 26.
5. Hawaii hospital breaks ground on $1B campus modernization
Straub Medical Center in Honolulu broke ground Dec. 13 on a $1 billion, 15-year project that will nearly triple the size of its campus, according to the Honolulu Star Advertiser.
6. Queen's Medical Center plans $1B campus modernization
The Queen's Medical Center, a level 1 trauma center and safety-net facility in Hawaii, is planning a $1 billion, 15-year campus modernization project, an executive with the Honolulu-based organization told Becker's.