Columbia St. Mary's will merge two hospitals, Columbia St. Mary's Milwaukee Campus and Columbia St. Mary's Columbia Campus, into a new $417 million hospital. Columbia St. Mary's Lake Drive Hospital, a 513-bed facility expected to open in 2010, will replace the existing building at the Milwaukee Campus. The existing 237-bed hospital will be demolished in stages. St. Mary's Columbia Campus will be sold. The University of Wisconsin-Milwaukee expressed interest in the 311-bed hospital, said Kathleen Schmitz, a spokeswoman for the Milwaukee-based health system. Ascension Health, St. Louis, and Columbia Health System, Milwaukee, are Columbia St. Mary's corporate parents. Columbia St. Mary's will finance its construction with $100 million in bonds, as well as revenue and philanthropy. Renovating the two existing facilities would have cost an estimated $200 million to $300 million, according to figures provided by the health system. -- by Melanie Evans
Milwaukee system to build $417 million facility
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.