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News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems

News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems

NEWS PROVIDED BY Steward Health Care System Feb 16, 2017, 16:15 ET BOSTON, Feb. 16, 2017 /PRNewswire/ — Steward Health Care System (“Steward”) today announced it has signed an Asset Purchase Agreement to acquire eight community hospitals affiliated with Community Health Systems (“CHS”). The transaction is expected to close in the second quarter of 2017, subject […]

55-bed Northside Medical Center in Youngstown, Ohio, is one of the eight hospitals being sold. (photo courtesy of Robins & Morton)

News Release: Community Health Systems Announces Definitive Agreement to Divest Eight Hospitals – Three in Florida, Three in Ohio and Two in Pennsylvania

FRANKLIN, Tenn.–(BUSINESS WIRE)–Feb. 16, 2017– Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC. Facilities included in the transaction are 119-bed Wuesthoff Health System-Melbourne in Melbourne, Fla.; 298-bed Wuesthoff Health System-Rockledge in […]

News Release: Medical Office Sales at Near Record in 2016

News Release: Medical Office Sales at Near Record in 2016

JLL research reports that medical office sales in 2016 were $7.64 billion, the second highest year on record, following the breakout year of 2015 with $9.03 billion in sale volume. Sales Highlights Key Points: Sales of medical office buildings and outpatient care facilities exceeded all prior years except for 2015, providing solid support to the […]

HCI Presents Solutions to Four Common Traps Preventing Successful Use of BIM in Healthcare Operations & Maintenance

Four Traps Slowing Utilization of BIM in Today’s Healthcare Operations is Third in the Popular White Paper Series February 16, 2017 – The number of healthcare owners receiving building information modeling (BIM) data following construction is rising and, with it, confusion about how best to apply this data to improving the building lifecycle. Healthcare organizations […]

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News Release: Groundbreaking held for first phase of healthcare campus in Downtown

Los Angeles, California –February 16, 2017 – Commercial real estate investment firm Robhana Group, and development firm Inception Property Group, held a groundbreaking ceremony for a new, state-of-the-art, 60,000 square foot outpatient medical office building and supporting parking structure at Washington Blvd. and Hoover St. at the I-110/I-10 freeway intersection, in the Pico-Union area of […]

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News Release: Lankenau Medical Center planning to enhance and expand emergency department

LANKENAU MEDICAL CENTER FEBRUARY 16, 2017 NEWS RELEASES The $52.8 million dollar expansion project is expected to be complete in early 2019 Lankenau Medical Center, part of Main Line Health, received approval from the Main Line Health Board of Governors to move forward with an Emergency Department Expansion Project. Originally built to handle 35,000 visits per year, […]

This  new, five-story, 89,000 square foot building is being developed in the Denver area. (Rendering courtesy of Brookhaven Capital Partners)

News Release: UCHealth’s new outpatient health center to provide primary care, specialty care and a surgery center for Denver, Cherry Creek residents

Five-story building with four-level underground parking garage at 100 Cook Street brings access to advanced care and clinical trials close to home Aurora, Colo. (February 16, 2017) – Patients throughout Cherry Creek and metro Denver will soon have access to additional health care options, close to home, at UCHealth’s new health center at the intersection of […]