The hospital will replace the current building at Heatherwood in Ascot, and will be dedicated to non-emergency treatment for people in Berkshire, Hampshire, and Surrey.
NHS national medical director Professor Stephen Powis said:"We continue to pull out all the stops to address COVID-19 backlogs in routine care that have inevitably built up, and this new hospital in Berkshire is a brilliant example of what we are doing to reduce long waits.
"While seasonal pressures and COVID cases continue, we are determined to make the best possible use of the additional recovery investment, and 'one-stop shops', one-day hip replacements, and mobile CT and MRI scanners are just a snapshot of the initiatives our teams are driving forward to accelerate vital treatments, tests and checks for patients.
Health Secretary Sajid Javid said:"This brand-new hospital will be the first of its kind on our road to recovery and reform, putting patients in need of non-urgent care first and helping them to get the checks and treatments they need. "We are delivering on our promise to tackle the COVID backlogs by ramping up routine surgery and providing quicker diagnoses - alongside other initiatives which include new surgical hubs and community diagnostic centres, helping us to deliver nine million more treatments, scans and operations by 2024."
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