Highmark Health and Allegheny Health Network (AHN) announced today plans to invest an additional $700 million in new facility construction and existing facility expansion and renovation over the next four to five years to further improve access to affordable, high-quality health care services in the Western Pennsylvania region. Coupled with $315 million in capital investments announced earlier this year to support the network’s cancer and Erie market strategies, the additional projects bring the organization’s total commitment to more than $1 billion in new and improved care sites and capabilities. The investments are expected to ultimately create more than 800 new health care jobs in the region.
As key components of its strategy, AHN will open a new, 160+ bed full-service hospital in Pine Township adjacent to its Wexford Health + Wellness Pavilion, while also forming a joint venture with Emerus, the nation’s leading developer and operator of neighborhood hospitals, to build multiple additional facilities across the region that will provide unique local access to emergency, primary and specialty care.
The network also plans to further expand and renovate facilities at a number of its existing hospitals, including Forbes, Jefferson, West Penn and Allegheny General, and will continue to make substantial investments that advance the capabilities of its leading clinical programs in cardiovascular care, women’s health, the neurosciences and orthopedics, among others.
“Today’s announcement further underscores the magnitude of our commitment to the region and to developing a nationally leading, value-based health care system that is unsurpassed in the quality, accessibility and affordability of the services it provides,” said David Holmberg, Highmark Health President and CEO. “Through our partnership with Emerus and the other significant capital investments planned for AHN, we are building a uniquely patient-centric health care system and taking every step necessary to ensure the network’s exceptional care is more readily available to patients and our members in settings close to where they live and work.” [Read more…]