Forbes December 26, 2024
A Chicago area healthcare system is spending $1 billion to re-invent healthcare on the city’s South Side in neighborhoods where there’s a 30-year life-expectancy gap when compared to the more affluent North Side.
Advocate Health Care’s investment will include $300 million in land purchases and related spending to build a new hospital that will replace a facility that is more than a century old. And another more than $500 million will be allocated to expand outpatient care executives say will be “embedded in the community.” Another more than $200 million will be invested in hospital and outpatient programs and services designed in part to address social determinants of health such as expanding access to healthy foods, housing, transportation and prescription...