News Release: Anchor Health Properties Announces Development of Doylestown Health’s Pavilion III

FOR IMMEDIATE RELEASE

August 7, 2018

(Wilmington, DE) Having held a long-term strategic real estate partnership that has led to the development of and collaboration on multiple medical office buildings, Anchor Health Properties (Anchor) and Doylestown Health are pleased to announce the development of a third medical office building located on the Doylestown Hospital campus in Doylestown, PA.

Pavilion III is a three-story, 62,000-square foot project featuring plans for an ambulatory surgery center with associated ancillary services such as physician office space and therapy services that will be relocated from the main hospital.

“More than ten years ago, we formed a partnership with Anchor Health Properties to expand our presence and availability of patient care services to the community,” said Scott Levy, MD, Chief Medical Officer, Doylestown Health. “Pavilion III represents the continued achievement of our strategic goals and our enduring commitment to providing high quality outpatient care in our own backyard. We are extremely excited to broaden our service offerings with more expeditious availability in a modern, patient-friendly environment.”

The facility will be located at the “front door” of the Doylestown Hospital campus – a convenient and visible location offering centralized services.

“Our goal is to provide a facility that is patient-centered and embraces a healing environment for our patients, visitors, and providers,” shares Kathleen Mullin, Senior Development Director of Anchor Health Properties. “In collaboration with Doylestown Health, we are focused on providing patients and visitors with the services and quality of care they’ve come to expect, combined with the convenient access that they want – Pavilion III will help us further accomplish that.”

Construction is expected to commence in the fall of 2018 and is anticipated to open to patients in 2019.

Anchor Health Properties is working with Conshohocken, PA-based Array Architects as the architect. Norwood Construction Company, based in Malvern, PA, is serving as the construction management company on this project and Boucher & James, based in Doylestown, PA, is serving as the civil engineer.

About Anchor Health Properties

Anchor Health Properties is a national, full-service healthcare real estate development, management and investment company focused exclusively on medical facilities. Anchor takes a strategic approach to navigating the extremely competitive healthcare marketplace, considering multiple angles, such as retail drivers, customer experience, branding and efficiency of the project. We develop and manage projects across the United States that respond to the new landscape of employed physicians, team-based care, the need to optimize assets and reduce duplication, and the integration of care and technology. Healthcare today calls not only for new and more efficient ways of delivering outpatient services, but also a different kind of healthcare development and management company. For more information, please visit: www.anchorhealthproperties.com.

About Doylestown Health

Doylestown Health is a comprehensive healthcare system of inpatient, outpatient and wellness education services connected to meet the health needs of all members of the local and regional community. Doylestown Hospital, the flagship to Doylestown Health has 232 beds and a Medical Staff of more than 435 physicians in over 50 specialties. An independent nonprofit health system, Doylestown Health is dedicated to providing innovative, patient-centered care for all ages. Now, in the public phase of a $75 million comprehensive campaign, Doylestown Health is ready to begin a bold new chapter as it approaches its second century of healthcare delivery. For more information, visit the Doylestown Health Foundation and ONE VISION: The Campaign for Doylestown Health website or call 215-345-2009.

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Contact: Rachael Osberger, Anchor Health Properties rosberger@anchorhealthproperties.com; 302-655-1010

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