The following will help pay for UChicago Medicine's expansion, including new buildings:
According Fitch, UChicago paid $250 million for Advent Health's 4 hospitals in the western suburbs and expects to receive an additional $1 billion in revenue annually in return.
" UChicago Medicine's total operating revenue measured nearly $3 billion in audited fiscal 2022 (June 30 FYE). The planned acquisition of AdventHealth's Chicagoland assets will add nearly $1 billion in operating revenue to the system."
"The acquisition of AdventHealth's Chicagoland assets includes a purchase price of approximately $250 million."
https://www.fitchratings.com/researc...ble-17-11-2022