Cornerstone Companies founder Bob Whitacre of was a pioneer of physician partnerships
By John B. Mugford
Robert N. “Bob” Whitacre
After J. Taggart Birge was finally hired – on his second try – to join the small team at Cornerstone Companies, an Indianapolis-based firm that had been developing medical outpatient buildings (MOB) for physician groups for the previous 24 years, he soon realized something quite remarkable and different about the man who had brought him on board.
That man, Robert N. “Bob” Whitacre, had started Cornerstone in 1985 and, by the time Mr. Birge joined the company in 2008, the then 64-year-old had developed between 25 and 30 buildings, mostly in central Indiana, and had partnered with about 350 physicians in the ownership of those facilities.
“After I joined the company, I would go with Bob on our presentations to physicians in hopes of being their development partner, their general partner, on projects – which is a model that Bob had really helped create,” Mr. Birge recalls.
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