October 18, 2018

Growth, partnerships provide path forward for Phoenix-area health care, hospital groups

By Karl W Oestreich

Phoenix Business Journal
by Angela Gonzales

Mayo Clinic, meanwhile, is embarking on a $648 million expansion that will nearly double the size of its Phoenix campus — paving the way for Phoenix Business Journal logo2,000 more high-paying health care jobs. A request for proposals has not yet been issued for that project. Dr. Wyatt Decker, CEO of Mayo Clinic in Arizona and a roundtable participant, said health care system growth isn’t just coming from in-state patients. Health care systems have spent millions of dollars to upgrade their specialties. “All of us in Arizona have, for a long time, appreciated that Arizona has a natural healing environment and is a place people love to come to have vacations, rest or live,” Decker said. “Imagine adding on top of that access to the best health care in the country. That’s our vision. That is what we’re doing now. We think it’s a very exciting time for Arizona.”

Reach: The Phoenix Business Journal is one of 61 newspapers published by American City Business Journals.

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Context: To meet the increasing demand to treat patients with complex health conditions in the growing Southwest, Mayo Clinic announces a $648 million expansion that will nearly double the size of its Phoenix campus over five years. The Arizona Forward Project will add 1.4 million square feet of building space (to the existing 1.7 million) with expanded clinical capacity, support services and infrastructure at the campus located near Loop 101 and 56th Street in North Phoenix. The expansion plan increases the number of inpatient beds from 280 to 374 by 2023 and creates close to 2,000 new jobs, including nearly 200 physicians by 2029.   You can read more about the Arizona expansion on Mayo Clinic News Network.

Contact:  Jim McVeigh

Tags: building expansion, capital projects, Dr. Wyatt Decker, Mayo Clinic, Phoenix Business Journal, Uncategorized

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