Publisher’s Letter (February 2008)
Don’t touch that dial! WHY WE SHOULD KEEP WATCHING BAD ECONOMIC NEWS Dear Reader: When I work out in the morning, I always have the TV on to help relieve the tedium. Since I have a short attention span, I usually flip between the local news, CNN, CNN Headline News and CNBC – impatiently jabbing […]
Publisher’s Letter: 5 Years of HREI (January 2008)
Thanks for five successful years – so far LAUNCHED IN JANUARY 2003, HREI™ HAS SURVIVED AND THRIVED THANKS TO YOU Dear Reader: Five years, 60 monthly editions, about 2,500 articles and news briefs, and roughly 1 million words of copy. Those are the facts and figures on what we have published since Healthcare Real Estate […]
Project Case Study: South Texas Oncology (January 2008)
By Dan Emerson San Antonio-based Atlee Development has partnered with a local physician group, South Texas Oncology and Hematology (STOH), to develop a 130,000 square foot cancer center on a 4.6 acre parcel it acquired within the South Texas Medical Center district in San Antonio. The new STOH Cancer Center is slated to begin development […]
Product Focus: Cancer Centers (January 2008)
Cancer centers cropping up everywhere HOSPITALS, HEALTH SYSTEMS SEEING NEED TO CONSOLIDATE CARE, COMPETE By Dan Emerson While cancer is still the leading cause of death among Americans under age 85, medicine has made great strides in helping more patients survive the disease. With the number of cancer deaths continuing to decline, the estimated […]
Outpatient Projects (January 2008)
$100M campus slated for Bethlehem,Pa. COGDELL SPENCER INC. TO DEVELOP FACILITIES, OWN MEDICAL OFFICE BUILDINGS By John Mugford More and more health systems across the country are looking to the development of outpatient campuses to serve patients closer to home and to bolster their competitive edge. A good example of this can be found in […]
Inpatient Projects (January 2008)
For The Record Charlotte, N.C.-based MedCath Corp. (Nasdaq: MDTH) has received zoning approval to build the future Hualapai Mountain Medical Center in Kingman, Ariz., near the state’s border with Nevada. MedCath plans to start construction early this year and complete the 72-bed, 200,000 square foot cardiac hospital project by fall 2009. The facility would have […]
Industry Pulse (January 2008)
BIRMINGHAM, Ala. – The unfinished, massive Digital Hospital just south of Birmingham might get a life of caring for patients after all. Birmingham-based real estate firm Daniel Corp. recently agreed to pay $43.5 million for the 1 million square foot, 13-story hospital and its 103-acre site from Birmingham-based HealthSouth Corp. (NYSE: HLS). The health system […]
Company Profile: Navigant (January 2008)
AMDC settles under Navigant’s wing MERGER BRINGS TOGETHER CONSULTING, DEVELOPMENT, OWNERSHIP, ETC. By Jessica Griffith For nearly a quarter century, Fred Campobasso was content to build his healthcare real estate firm slowly and organically. He and Brian Baker founded Chicago-based American Medical Design Corp. (AMDC) in 1984. Over the years, the firm developed more than […]
People (January 2008)
Lillibridge names John Montgomery to lead development CHICAGO – Lillibridge Healthcare Services in recent weeks announced that John D. Montgomery, senior vice president, has been appointed to head the company’s development division, which is located in Plano, Texas, in the Dallas-Ft. Worth Metroplex. According to company chairman and CEO, Todd W. Lillibridge, Mr. Montgomery will […]
Companies: Montecito (January 2008)
Montecito’s new JV hits ground running COMPANY ALSO FORMS NEW PARTNERSHIP TO MANAGE PROPERTIES IT BUYS By John Mugford In the 19 months or so that Santa Barbara, Calif.-based Montecito Medical Investment Co. (MMIC) has been involved in healthcare real estate, the company has become one of the country’s fastest growing owners of medical-related properties. […]
