South Australian Premier, Peter Malinauskas said it would provide a major boost to the Bedford Park hospital, a 46-year-old health site.
The pledge is in addition to a SA Labor election announcement of 24 extra beds in the FMC.
The Federal Opposition Leader blasted the Morrison Government during the announcement.
"Over a decade in office, Scott Morrison has failed to invest in the future of Flinders Medical Centre or help South Australia fix its unprecedented ramping crisis," Albanese said in a statement.
"I want to partner with Peter Malinauskas to give people in southern Adelaide the medical care they deserve."
- Anthony Albanese
"It’s a choice between more of the same, and a better future."
Malinauskas said the funding would drastically reduce pressure on the state's emergency department and assist medical workers.
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