SMH Closes 2021 with $1 billion+Investment in Health of Community

Business

This month, as Sarasota Memorial Health Care System reflects on an unrelenting year of hardship, challenge and growth, the health system is celebrating several milestones that amount to a billion-dollar investment in the health of the community. In the midst of a global pandemic that left workers, materials and other essential resources in short supply, Sarasota Memorial opened Sarasota Memorial Hospital-Venice, a 65-acre medical campus and new 110-bed hospital in Venice on Nov. 4, the same day it unveiled the heart of its new Brian D. Jellison Cancer Institute, an 8-story oncology and surgical tower on its Sarasota campus. The health system also spent the past several weeks paving the way for construction to begin on a new, state-of-the-art behavioral health pavilion in the New Year. 

Collectively, the much-needed projects represent a $1.2 billion capital investment and the most significant expansion in the publicly owned, not-for-profit health system’s nearly century of service. All are designed to address pressing community needs. Sarasota Memorial's inpatient volumes have increased by more than 30% over the last 5 years. The hospital's Sarasota campus was regularly at capacity before the onset of COVID-19, and stretched beyond its limits during pandemic-related patient surges. The two recently opened facilities have increased system-wide inpatient capacity from 839 beds to 1,005 beds, allowing the organization to better respond to evolving patient needs and improve access to care. Meanwhile, the behavioral health pavilion will expand essential services at a time when COVID-19 has disrupted lives and led to an increase in people struggling with mental health challenges. 

To learn more about the new facilities, click here

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