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April 7, 2015

HealthPartners to invest $140m for Park Nicollet Hospital upgrade in US

US-based HealthPartners has unveiled plans for a $140m expansion and renovation project at Park Nicollet Methodist Hospital in St Louis Park, Minnesota.

US-based HealthPartners has unveiled plans for a $140m expansion and renovation project at Park Nicollet Methodist Hospital in St Louis Park, Minnesota.

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The expansion project, which is expected to be completed in 2019, will add 60,000ft² of new space and renovate 135,000ft² of existing space.

Park Nicollet Methodist Hospital senior vice-president Roxanna Gapstur said: "As the west metro continues to grow and the median age of the population increases, this project will ensure that we can meet the needs of our community for decades to come."

"The project will also include relocating and remodelling of the sterilisation or decontamination area to improve flow to and from the surgery area."

Under the expansion, two new inpatient floors will be constructed, in addition to modernising the surgery centre.

The four-year expansion project will add new fifth and sixth level floors on the east tower with private rooms, and semi-private rooms located on four to seven floors will be modified into private rooms.

The project will also include relocating and remodelling of the sterilisation or decontamination area to improve flow to and from the surgery area.

Park Nicollet Hospital is a consumer-governed and non-profit healthcare organisation that provides services, including cancer, cardiovascular, maternity care and neuro-rehabilitation medicine.

Under the Metropolitan Council, demand for hospital services is expected to increase as the number of Minnesotans who are over the age of 65 will nearly double by 2040.

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Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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