The Phoenix campus will nearly double, adding 1.4 million square feet of medical space and employ 2000 more people. The giant non-profit, which is consistently ranked at the top of surveys and lists of hospitals and systems, will spend over $648 million building an expanded emergency department, lab, pharmacy and plenty of parking for patients and staff. Speaking of staff, about 10% or, 200 positions are expected to be physicians and scientists.
Mayo will finance the project internally, relying on revenue from operations, their generous donors and by issuing bonds.
Read the local impact from Angela Gonzalez at The Phoenix Business Journal
Stephanie Innes from The Arizona Republic provides plenty of detail in this azcentral.com