The University of Nebraska will be receiving an unexpected donation to help fund the $2.19 billion Project Health facility. Project Health represents the current phase of Project NExT, an overarching upgrade and expansion of the University of Nebraska Medical Center’s campus and facilities.
Project Health will consist of a 550-bed hospital with additional educational, training and treatment spaces. The hospital is in the early construction phases on the southeast corner of Farnam Street and Saddle Creek Road.
Last Friday, the University of Nebraska’s Board of Regents unanimously approved a donation agreement between Clarkson Regional Health Services. Under the terms of the agreement, Clarkson will donate $200 million to the university to directly fund Project Health.
The donation has been negotiated as part of the university’s $500 million buyout of Clarkson’s 50-percent ownership interest in Nebraska Medicine, directly offsetting it by $200 million.
After the buyout, the University of Nebraska will be the sole owner of Nebraska Medicine. Additionally, the new Project Health hospital tower will be named Clarkson Tower, or something similar. As a result, the current Clarkson Tower building will be renamed.
