Banner Health to Build $400M Hospital Campus in Scottsdale, AZ

After losing a state land auction to HonorHealth last November, the state’s largest health system plans to build a $400 million hospital campus down the street, ABC 15 reports.

Phoenix-based Banner Health plans to purchase 48 acres of land on the southwest corner of Hayden Road and Loop 101 in north Scottsdale — near a separate 48-acre parcel of state land where it had planned to build at the northeast corner of Hayden and Loop 101.

Banner had been working with the city of Scottsdale earlier in the year on entitlements for the state land. Read more.

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Walmart Expands Healthcare Reach

The move marks more direct competition with other retail healthcare providers, such as One Medical and CVS Health that have already been partnering with health systems. Additionally, Walmart has been linked to the potential purchase of ChenMed, a chain of primary care clinics.