SEATTLE (AP) — Swedish Health Services, the largest nonprofit health provider in the Seattle area, is planning $1 billion in new development in the next five to 10 years.
The Seattle Daily Journal of Commerce reports two of the biggest projects will be a medical office building and new inpatient facilities at the main First Hill campus in Seattle, where it already has five buildings.
A hospital official, corporate ventures administrator Patrick Hollister, talked about growth plans Wednesday at a commercial real estate development meeting. He said the federal health care law will drive a new wave of demand.
Swedish currently has 8,500 employees and 3,000 physicians on four hospital campuses.
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Information from: Seattle Daily Journal of Commerce, http://www.djc.com/
