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News Release: Newmark Knight Frank Partners with Providence St. Joseph Health to Provide Asset Optimization Strategy for its Non-Acute and Non-Core Assets

News Release: Newmark Knight Frank Partners with Providence St. Joseph Health to Provide Asset Optimization Strategy for its Non-Acute and Non-Core Assets

Looking to optimize its operational efficiency and unlock capital, Providence St Joseph Health has partnered with Newmark Knight Frank (NKF) to sell a selection of non-essential real estate assets located across Alaska, Washington, Oregon, Montana and California. The portfolio of properties comprises medical office, industrial, office assets and vacant land. “Revenue diversification is a key […]

News Release: AdventHealth brings only inpatient hospital to Winter Garden

News Release: AdventHealth brings only inpatient hospital to Winter Garden

Leaders and community members came together today to break ground on a 100-bed inpatient pavilion at AdventHealth Winter Garden — the only inpatient facility to serve the fast-growing community. The seven-story, approximately 300,000-square-foot building will complement the existing 24-bed emergency room and medical office building on the site at 2000 Fowler Grove Blvd. “West Orange […]

News Release: HFF Exclusive -- HFF announces $11.468M sale of medical office building on Long Island

News Release: HFF Exclusive — HFF announces $11.468M sale of medical office building on Long Island

Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $11.468 million sale of the sale of a 16,920-square-foot outpatient imaging facility that is triple net master leased to the New York University School of Medicine in the Long Island community of Garden City, New York. The HFF team marketed the property on behalf […]

News Release: Highmark and Geisinger complete joint venture for new health care organization

News Release: Highmark and Geisinger complete joint venture for new health care organization

New organization expands access to affordable, high-value care in Clinton, Lycoming, Sullivan and Tioga counties Geisinger and Highmark Health today announced the completion and details of a previously-announced clinical joint venture. The organizations signed of a letter of intent to explore the joint venture in May 2017, and in the time since have been working […]

News Release: McCarthy Completes Children's Hospital Outpatient Center at Erlanger

News Release: McCarthy Completes Children’s Hospital Outpatient Center at Erlanger

Recently, McCarthy Building Companies, Inc. completed the Children’s Hospital Outpatient Center (CHOC) project located within Children’s Hospital at Erlanger in Chattanooga, TN. Also serving as the hospital’s new entrance, the new three-story 90,000 square-foot center houses 72 rooms for an array of services including pediatric imaging, lab services, pharmacy and pediatric specialty clinics such as cardiology, neurology, genetics, gastroenterology […]

News Release: Community Healthcare Trust Incorporated Announces the Appointment of David H. Dupuy as Chief Financial Officer

News Release: Community Healthcare Trust Incorporated Announces the Appointment of David H. Dupuy as Chief Financial Officer

Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced the appointment of David H. Dupuy as Executive Vice President and Chief Financial Officer, effective May 1, 2019.  W. Page Barnes, the Company’s current Chief Financial Officer, will remain with the Company and assume the newly-created role of Chief Operating Officer. Mr. Dupuy, 50, previously served as Managing Director of […]

News Release: Lenox Hill Hospital explores major revitalization plans

News Release: Lenox Hill Hospital explores major revitalization plans

Plan includes private patient rooms, expanded ED, new surgical suites To match investments it has made in recruiting nationally recognized physicians and expanding clinical programs, Lenox Hill Hospital today announced it is preparing a comprehensive renewal plan aimed at ensuring the future success of the storied acute-care facility on Manhattan’s Upper East Side. The goal is to […]

News Release: MMC to Build New Scarborough Campus Medical Office Building

News Release: MMC to Build New Scarborough Campus Medical Office Building

Maine Medical Center (MMC) will invest $59 million in a new Maine Medical Partners (MMP) medical office building at its Scarborough campus as part of its overall expansion and modernization project. The 108,000-square-foot, three-story building will be home to Maine Medical Partners practices including Neurology, Neurosurgery & Spine, Otolaryngology (Ear, Nose & Throat) and Vascular […]

News Release: Global Medical REIT Inc. Announces Fourth Quarter and Year-End 2018 Financial Results

News Release: Global Medical REIT Inc. Announces Fourth Quarter and Year-End 2018 Financial Results

Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, announced today its financial results for the quarter and year ended December 31, 2018 by posting its […]

News Release: Amazon, Berkshire Hathaway, JPMorgan Chase Health Care Venture Launches Website and Announces Its Name: Haven

Today, the health care organization founded by Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK.A, BRK.B), and JPMorgan Chase (NYSE: JPM), announced its name – Haven – and launched a new website at www.havenhealthcare.com. “We want to change the way people experience health care so that it is simpler, better, and lower cost,” explained Haven CEO Atul Gawande, MD, […]

News Release: NexCore Group breaks ground on CHI Saint Joseph Health Winchester MOB

News Release: NexCore Group breaks ground on CHI Saint Joseph Health Winchester MOB

The 24,693-square-foot facility is the latest example of NexCore Group’s collaboration with Catholic Health Initiatives to maximize efficiency and expand services across the United States In a continuing initiative to optimize efficiency of healthcare facilities nationwide for client Catholic Health Initiatives (CHI), NexCore Group has started construction on a medical office building (MOB) in Kentucky […]

News Release: New Children's Surgery Center Opens at UC Davis Medical Center

News Release: New Children’s Surgery Center Opens at UC Davis Medical Center

HGA’s new technologically-advanced design allows patients to create their own sense of calm A new state-of-the-art children’s surgery center recently opened on the UC Davis Medical Center campus in Sacramento. Designed by HGA, a multi-disciplinary design firm, the 20,000 square-foot center is one of many next steps in a multi-year, multi-phase seismic compliance masterplan for […]

News Release: Healthcare Trust of America, Inc. Names David Chung Corporate Senior Vice President Of Development

News Release: Healthcare Trust of America, Inc. Names David Chung Corporate Senior Vice President Of Development

Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it has hired David Chung as its Corporate Senior Vice President for Development. In his new role, Chung will drive the expansion of HTA’s development business of medical office buildings and outpatient service facilities. […]

News Release: Welltower Names Ryan Rothacker Vice President of Operations, Outpatient Medical and Nicholas Rumanes Head of Development

News Release: Welltower Names Ryan Rothacker Vice President of Operations, Outpatient Medical and Nicholas Rumanes Head of Development

TOLEDO, Ohio, March 4, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) announced today that Ryan Rothacker has been named Vice President of Operations, Outpatient Medical (“OM”) and Nicholas Rumanes has been named Head of Development. Ryan Rothacker joins the Company from MBRE Healthcare (“MBRE”), where he served as Senior Vice President, Asset Management. At MBRE, Mr. Rothacker oversaw five joint venture funds with a market value […]

News Release: MUSC signs agreement with Lake City Community Hospital and Williamsburg Regional Hospital

News Release: MUSC signs agreement with Lake City Community Hospital and Williamsburg Regional Hospital

Deal authorizes MUSC to construct, own and operate a new $50 million replacement hospital CHARLESTON, S.C. (Feb. 22, 2019) – MUSC Health, the clinical enterprise of the Medical University of South Carolina (MUSC), has signed a letter of intent with Lake City Community Hospital and Williamsburg Regional Hospital that authorizes MUSC to construct, own and […]