[Source: The Associated Press] — Banner Health has announced a partnership with the Houston-based M.D. Anderson Cancer Center to create a new hospital and outpatient-treatment center in Gilbert. The proposed $90 million center would be built on the campus of Banner’s Gateway Medical Center and is scheduled for a late 2011 opening. Banner Chief Executive Officer Peter Fine said Banner considered several health-care partners and decided it had similar goals with M.D. Anderson.
The deal also means that Banner will no longer pursue plans to build a cancer hospital in downtown Phoenix. Banner had discussed with the University of Arizona the possibility of developing a downtown teaching hospital and cancer hospital that would anchor the Phoenix Biomedical Campus. However, those talks ended months ago.