The funding will see the Princess Royal Hospital (PRH) specialise in planned care and Royal Shrewsbury Hospital site (RSH) specialise in emergency care.
A trust spokesperson said: ‘This investment will help support the trust's, and wider health and care system, ambitions of delivering high quality, sustainable services for patients in modern facilities.
‘The clinically-led programme will provide faster access to the right care and clinicians. It will result in shorter waiting times for planned surgeries and shorter hospital stays for our patients.
‘The trust will also continue its ongoing investment at both hospitals and the further development of community-based services to reduce waiting times and improve patient experience.'