As health systems look to the future, they are forced to make investments now to expand, upgrade or renovate their facilities.
Here are nine hospitals or health systems that recently announced or completed construction projects worth more than $300 million in the past month reported by Becker's Hospital Review.
1. Mount Carmel East to complete $310M makeover in June
Columbus, Ohio-based Mount Carmel East will complete its $310 million modernization project, which includes a five-story patient tower, in June.
2. Banner Health has $1.7B worth of construction projects in the works
Phoenix-based Banner Health has 386 active construction projects across its markets, totaling $1.7 billion.
3. UPHS Marquette to open $300M replacement hospital in 2019
UP Health System Marquette (Mich.) will open a $300 million replacement hospital in April 2019.
4. NewYork-Presbyterian unveils $1.1B ambulatory care center
New York City-based NewYork-Presbyterian completed construction April 24 on its David H. Koch Center, a $1.1 billion ambulatory care facility in Manhattan that will soon become home to a women and children's hospital.
5. Adventist's Florida Hospital releases details of $600M network revamp: 8 notes
Orlando-based Florida Hospital, part of Altamonte Springs, Fla.-based Adventist Health System, plans to invest $600 million in acquisitions and renovations over the next three years.
6. Texas Medical Center unveils plan for 30-acre medical research campus: 8 things to know
Houston-based Texas Medical Center unveiled plans April 23 for a sweeping medical research campus that brings together five of the state's powerhouse research institutions. While leaders of the five founding institutions have yet to disclose the project's price tag, estimates reveal it will cost a total of $1.5 billion.
7. Indiana University Health prepares for $1B transformation
Indianapolis-based Indiana University Health is preparing to start a major consolidation project, which is expected to cost $1 billion.
8. Clovis Community Medical Center eyes $390M expansion
Clovis (Calif.) Community Medical Center will begin a $390 million, 144-bed expansion project in May after receiving final approval from the hospital's board of trustees April 3.
9. Planning board OKs Maine Medical Center's $512M expansion plan
The Portland (Maine) Planning Board unanimously approved Maine Medical Center's $512 million expansion project March 27. Construction began in May.