Sydney's Liverpool Hospital will undergo a massive redevelopment over the next eight years, part of a $740 million plan to build a health, research and education hub for innovation and emerging technologies announced in today's NSW state budget.

eHealth NSW will receive about $115 million this year for clinical ICT initiatives that have already been announced in previous years, including $48.3m of the $236m allocated over six years for digital patient records, $62.8m from the $286m over nine years for the whole of system digital platform, and the final $4m of the $13.7m allocated to the HealtheNet pathology results repository in 2016.