Banner Health plans $1.7 billion in construction projects this year,
As Arizona’s largest health system, nonprofit and private employer, facilities are where the work is done. Growing enterprises must maintain the pace.
The majority of those projects – $1.4 billion – are in Arizona. The Phoenix Business Journal quotes Kip Edwards, vice president of facilities services for Banner Health:
About $1 billion is accounted for the University of Medicine division between hospital projects and the very large clinic projects that are wrapping up. All the clinic projects are now open. We still have some final phases to complete in Tucson.
Banner Health is beginning a $33 million Banner MD Anderson Cancer Center facility, at 925 E. McDowell Road in Phoenix. Plans call for building an 84,000-square-foot structure to open in May 2019. The center will offer East Valley residents medical and surgical oncology and other services.
With Banner, bigger is better according to Jim Hammond, publisher of The Hertel Report. The Phoenix Business Journal quotes:
I think they want to be the brand that people can count on so when people buy health plans they think about Banner. Visibility and bricks-and-mortar are important to that. People see them everywhere, and they think, ‘It doesn’t matter where you live — you can be a Banner patient.’
Read more about how the projects are supporting a lagging Arizona construction industry in The Phoenix Business Journal,