News Release: Rethink Healthcare Real Estate celebrates the opening of three properties in Jacksonville, Florida

Rethink partnered with Rendina Healthcare Real Estate on behalf of Intuitive Health and University of Florida Health System to deliver the properties.

JACKSONVILLE, FL., and WHITE PLAINS, NY., July 25, 2023 – Rethink Healthcare Real Estate (“Rethink”), the White Plains and New York City based investment management firm (fka Seavest Healthcare Properties), announced the opening of three state-of-the-art Emergency Department & Urgent Care (ED/UC) Facilities in Jacksonville, Florida. Rethink partnered with Rendina Healthcare Real Estate (“Rendina”) to develop the three single-story, free standing emergency room and urgent care facilities.

The facilities operate 24 hours a day, 7 days a week and offer a comprehensive range of services to address a variety of healthcare needs, from minor injuries and illnesses to more severe or life-threatening conditions. Purpose built for, and operated by UF Health and Intuitive Health, the facilities contain advanced diagnostic equipment, including X-rays, CT scans, ultrasound machines, and laboratory services that allow for prompt evaluation and diagnosis of various medical conditions.

These facilities streamline patient care by providing patients with emergency or urgent care as called for by the patient’s condition as diagnosed by board-certified physicians. This approach reduces unnecessary charges and increases patient satisfaction.

The UF Health Emergency and Urgent Care Center – Baymeadows opened on March 7th, the ED/UC Dunn location opened on April 6th, and the ED/UC Lane location opened on April 18th.

“The UF Health Emergency and Urgent Care Centers are delivering a positive impact for the surrounding Jacksonville community, with improved, state-of-the-art facilities that provide accessibility, convenience, and high-quality diverse range of healthcare at a lower cost than alternatives,” said Malika Basheer, Senior Vice President, Director of Asset Management at Rethink Healthcare Real Estate. “It has been a pleasure working with the teams at Rendina, Intuitive Health and UF Health. We hope our long-time partnerships with each of them will continue and Rethink’s reach and impact will grow with them.”

The UF Health Emergency and Urgent Care Centers offer a unique solution that eliminates the need for patients to choose between visiting an ER or an urgent care by providing a convenient location that offers both, according to Intuitive Health. All patients are examined and cared for by emergency medicine specialists to determine the appropriate level of care, emergent or non-emergent. Patients then are billed only for the level of care needed.

The properties are located at 11251 Lamb Tail Lane, 11277 New Kings Road, and 888 Lane Avenue South in Jacksonville, Florida. All three ER and urgent care centers provide services 24/7.

UF Health Emergency and Urgent Care is in-network with most major insurance plans, including all Medicare plans.

Media Contact: Peyton Murray, Rethink Capital Partners, media@rethink-capital.com or 914.595.2137

About Rethink Healthcare Real Estate and Rethink Capital Partners
Rethink Capital Partners, LLC is a real estate and social impact venture capital investment management firm. Rethink Healthcare Real Estate, an affiliate, focuses on investments in the medical office and outpatient facility sector. The firm acquires existing properties, joint ventures with established developers to build new properties, and asset manages medical office buildings, outpatient facilities and similar healthcare real estate assets. Rethink made its first healthcare real estate investment in 1989 and today has a significant portfolio of institutional quality, strategic medical office buildings and outpatient facilities located throughout the United States. For more information, please visit rethink-capital.com.

About UF Health Jacksonville
UF Health Jacksonville (UFHealthJax.org) is a private, not-for-profit hospital, part of University of Florida Health, a world-class academic health center that combines leading-edge research at campuses around Florida with outstanding clinical care at a network of hospitals around the state. In Jacksonville, UF Health includes University of Florida faculty, residents and fellows within the UF College of Medicine – Jacksonville, who team up with outstanding caregivers and other employees to provide state-of-the-art services to residents throughout Northeast Florida and Southeast Georgia. Our mission is to heal, to comfort, to educate and to discover, in an environment where exemplary medical care complements outstanding service.

About Intuitive Health
Founded in 2008, Intuitive Health pioneered the combined emergency room and urgent care model. Intuitive Health partners with established health systems nationwide to build, operate and launch retail healthcare facilities that provide urgent care and emergency room services under one roof. Intuitive Health works in partnership with leading health systems across the country, including Arizona, Arkansas, Delaware, Florida, Kentucky, Indiana, New Mexico, Ohio, Oklahoma, Texas, Virginia and Washington. Intuitive’s patient-centric approach to immediate care has saved payors and patients hundreds of millions in unnecessary emergency care spending. In addition, the Intuitive Health model increases market share for partnered healthcare systems by expanding their footprint with conveniently located centers. For more information, please visit IHERUC.com.

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