Banner to invest $1 billion for facilities in Tucson, Phoenix

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Banner – University Medical Center South, Tucson

By Ken Alltucker | The Arizona Republic

Banner will invest nearly $1 billion in clinics and new teaching-hospital towers in Tucson and Phoenix, and offices for managers and department leaders at the Tucson hospital tower, officials said.

The Banner-UA deal, completed in March 2015, requires the Phoenix-based health system spend $500 million over five years on capital improvements in the Tucson area.

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