Northwestern Memorial Hospital buys land in Chicago’s north suburbs
Chicago Tribune, May 19, 2008
Northwestern Memorial Hospital has quietly purchased a 10-acre piece of undeveloped land for future expansion in Northbrook, IL.
The hospital has spent more than $1 billion to build two new hospitals in the last decade in downtown Chicago, and its
specific plans for the new site are uncertain. Chicago-area hospitals have been engaged in building sprees of late in an effort to attract insured patients in affluent suburbs. Some hospitals, mostly non-profit, say they need to generate revenue by opening hospitals in areas with more insured patients to cover costs of those who cannot pay their bills.
Most Viewed
Most Emailed
- Primary Care Docs Average More Hospital Revenue Than Specialists
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- How Chargemaster Data May Affect Hospital Revenue
- Building a Better Healthcare Board
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance
- Hospital Pricing Irks Nurses; More Jobs, Less Pay
- ED Physicians Key to Half of Hospital Admissions
- Insurer's App Aims to Lower Healthcare Costs, Securely
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Quiet ORs Better for Patient Safety
