UPMC to invest $2B in new specialty hospitals
The University of Pittsburgh Medical Center system will spend $2 billion to build three new digitally-driven specialty hospitals in western Pennsylvania.
The all-new UPMC Heart and Transplant Hospital, UPMC Hillman Cancer Hospital and UPMC Vision and Rehabilitation Hospital will be designed in conjunction with Microsoft, officials announced last week.
The facilities "will offer next-generation treatments in patient-focused, technology-enhanced settings unique to health care," a UPMC release stated.
"UPMC is recognized around the world for pioneering treatments that are backed by groundbreaking research in an unparalleled care network," UPMC President and CEO Jeffrey A. Romoff said during a press conference Friday afternoon.
"Our transformative vision will make available the most innovative treatments for cancer, heart disease, transplantation, diseases of aging, vision restoration and rehabilitation, among many others," Romoff added.
The all-new hospitals will be built on the campuses of UPMC’s Mercy, Presbyterian and Shadyside hospitals in the Pittsburgh area:
• UPMC Vision and Rehabilitation Hospital, on the UPMC Mercy campus, is expected to open in 2020.
• UPMC Hillman Cancer Hospital, located on the UPMC Shadyside campus, is expected to open in 2022.
• UPMC Heart and Transplant Hospital will be located in the heart of Oakland on the UPMC Presbyterian campus. No date was given for its completion.
Designs for the UPMC Heart and Transplant Hospital and the UPMC Hillman Cancer Hospital will be selected in an international design competition, officials said.
UPMC in September sealed an acquisition of Harrisburg-based PinnacleHealth, announcing that it planned to invest $1.5 billion at properties of the re-christened UPMC Pinnacle system around the midstate.
UPMC financials for the quarter ended Sept. 30 revealed that the PinnacleHealth merger generated $748 million in additional cash flow, helping UPMC achieve a net income of $901 million.