Why health systems are spending billions to expand their brands in Irvine

Irvine, Calif., could become the breeding ground for the nation's next big healthcare brands as large health systems such as Newport Beach, Calif.-based Hoag are spending billions to expand in the area, The Orange County Register reported July 23. 

Hoag is spending $1 billion on a project that will add two specialty hospitals and expand its Sand Canyon Medical Center in Irvine. The expansion, slated to open in 2025, will include "six buildings, 155 patient beds, eight operating rooms, two procedure rooms and 120,000 square feet of new facilities," according to the publication. 

But Hoag isn't the only major health system expanding in the area. 

According to the publication, over the next three to five years, "a half-dozen health brands will either expand or break ground in Irvine, creating several million square feet of new hospital and health education space, 350 new care beds, and thousands of high-paying new jobs."

Hoag, Duarte, Calif.-based City of Hope, UC Irvine, Oakland, Calif.-based Kaiser Permanente, the Irvine, Calif.-based Susan Samueli Integrative Health Institute, Fountain Valley, Calif.-based Memorialcare and Orange, Calif.-based BeWell OC are among the health entities building in the area. 

Once the expansions and grand openings are finished around 2030, the area is slated to be considered one of the more "health-focused communities in the country, according to the report"

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