Cleveland Clinic Florida unveils $302M expansion plans

Catching a wave of hospital expansions across the country, Cleveland Clinic Florida officials unveiled plans on Tuesday to grow the main medical center in Weston and to open new facilities in Coral Springs — giving the healthcare system eight locations across Broward and Palm Beach counties.

Plans call for Cleveland Clinic Florida, owned and operated by the Ohio-based healthcare system of the same name, to spend $302 million over the next three years to add three operating rooms and more hospital beds to the medical center in Weston while also expanding the emergency room, imaging center and laboratory.

The hospital system, which already has facilities in West Palm Beach, Palm Beach Gardens and Parkland, also plans to build a new, 65,000-square-foot clinic with 40 examination rooms and an outpatient surgery center with several operating rooms in Coral Springs.

According to state records, Cleveland Clinic’s Weston hospital had 155 licensed beds as of December 2013. That year, the hospital reported an operating margin of 17 percent and profits of about $37 million on total operational expenses of about $183 million.

This story was originally published September 1, 2015 at 5:52 PM with the headline "Cleveland Clinic Florida unveils $302M expansion plans."