Hospital construction spending
* Parkridge Health System — Planning $62 million in expansions and renovations at its downtown campus. The changes will include large new operating rooms, a new interventional catheterization lab, newly remodeled patient rooms, a new pharmacy and a new entrance. * Erlanger Health System — Erlanger just obtained $70 million in bond money to help finance a series of projects: a $50 million expansion of the Erlanger East campus into a full-service hospital, a new $11.5 million children’s and women’s ambulatory center, and $8.5 million in surgical improvements and a new orthopedic center. * CHI Memorial Health Care System — A $318 million multiphase expansion at Memorial’s downtown and Hixson campuses was completed in June. The 485,692-square-foot downtown project included two building additions and multiple renovation projects. The work included the seven-story, 360,000-square-foot North Tower, which has been called the Guerry Heart and Vascular Center, and the 125,692-square-foot South Tower renovation, which included a new hybrid operating room.
What is a Certificate of Need?
A Certificate of Need (“CON”) is a permit to establish or expand a health care facility or service. The program regulates the state’s health care industry to prevent uncontrolled growth of certain facilities and services that could increase the cost of health care or take away ability of full-service providers to provide the uncompensated care they give. Source: Tennessee Health Services and Development Agency
Read more
* Parkridge Medical Center investing in new MRI unit * Grandview Medical Center transitions to Parkridge Health System * Chattanooga’s Memorial Hospital unveils $85 million heart center * Memorial Hospital shows off the latest piece of its $318 million expansion project * With profits back, Erlanger begins its biggest building expansion in nearly 20 years * Erlanger doctors, executives ‘tear down the wall’ for new orthopedic center
Doctors and nurses: Time to make more room for construction workers.
Parkridge Health System is the latest area medical center aiming for a major expansion plan in the next several years. Hospital officials revealed last week they are planning a $62 million expansion that will completely overhaul two floors at the five-story hospital and create a sleek new entrance for the 44-year-old downtown facility.
