Episode Details

SSM Health is set to issue $783 million in tax-exempt bonds to fund a brand-new Cardinal Glennon Children’s Hospital in south St. Louis — a major step toward building a comprehensive pediatric care hub. The move also supports broader expansion plans in Missouri and Illinois, including outpatient centers and emergency departments. Amid this growth, the system faces legal challenges: a doctor won a $6.8 million sex discrimination verdict, and SSM settled a $1 million Medicare overbilling case with federal authorities. This bond issuance underscores a bold, capital-intensive strategy to reshape healthcare infrastructure and better serve communities across the region.

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