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The investment is part of a broader strategy for Hartford Hospital to be a destination for research, teaching, innovation and clinical discovery, CEO says.
Merger isn't the result of failing financials, but of leveraging scale in an incredibly complex system, according to health systems.
UnitedHealth bought Banmedica in 2018 for $2.8 billion and is selling the company for $1 billion.
The long-term vision for the new four-story clinic is to serve as a primary care location, officials say.
The addition of 234 hospital beds in private rooms will create a total of 339 beds across the expanded hospital.
The $116 million investment is expected to increase nursing capacity and add imaging options and medical office space.
The health system cites staffing shortages and smaller patient volumes for the consolidation.
UH says the move will centralize care and make way for new investigative technologies.
The cancer center is part of a larger $50 million campaign to improve cancer care and research in the region.
The largest investment is for an EmPATH unit that will provide a better environment for people with acute psychiatric crises.
