News Release: Tenet Healthcare to Sell Five Birmingham Hospitals to Orlando Health
Tenet announces agreement to sell Birmingham hospitals and related operations; reaffirms latest FY24 Adjusted EBITDA Outlook DALLAS–(BUSINESS WIRE)– Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Orlando Health for the sale of Tenet’s 70% majority ownership interest in Brookwood Baptist Health in Birmingham for approximately $910 million in cash (after-tax proceeds […]
News Release: Hygea Healthcare Celebrates Grand Opening of State-of-the-Art Rehabilitation Center in Middle River
MIDDLE RIVER, Md.–(BUSINESS WIRE)–Hygea Healthcare leadership was joined by Gov. Wes Moore, Special Secretary Emily Keller of the Maryland Office of Overdose Response, Baltimore County Deputy Administrative Officer Elisabeth Sachs, and former Baltimore County Councilwoman Cathy Bevins to officially open its cutting-edge, 50-bed, 30,000 sq ft, substance use treatment center at 1210 Middle River Rd. […]
News Release: Stevens Construction completes Surgical Healing Arts Center & Metro Alliance Surgery Center
FORT MYERS, Fla. (July 30, 2024) – Stevens Construction has completed construction management services for a two-story, 20,764-square-foot medical office building and surgery center located at 6201 Alliance Lane, announced Daniel Adams, Stevens Construction executive vice president. The first-floor houses Surgical Healing Arts Center, which specializes in medical and surgical weight loss, advanced robotic and […]
News Release: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower
Date Published: Wednesday, July 24, 2024 Date Updated: Wednesday, July 24, 2024 Federal, State, and County Officials Share their Support for Westchester Medical Center’s Vital Project VALHALLA, N.Y. (July 24, 2024) – Today, New York State Lieutenant Governor Antonio Delgado, along with state and local elected officials, key community influencers, and Westchester Medical Center Health […]
News Release: Medical Properties Trust Completes $160 Million Sale of Eight Arizona Facilities
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash […]
News Release: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower
Federal, State, and County Officials Share their Support for Westchester Medical Center’s Vital Project VALHALLA, N.Y. (July 24, 2024) – Today, New York State Lieutenant Governor Antonio Delgado, along with state and local elected officials, key community influencers, and Westchester Medical Center Health Network (WMCHealth) leadership, gathered to commemorate the start of construction for the […]
News Release: Robins & Morton Begins Construction on Baptist Health Rehabilitation Hospital
Press Release 07.23.24 Construction firm Robins & Morton, Anchor Health Properties, Baptist Health South Florida, and Lifepoint Rehabilitation, a business unit of Lifepoint Health, are proud to announce the beginning of construction of the new Baptist Health Rehabilitation Hospital in South Miami, Florida. The three-story, 100,000-square-foot facility will feature 62 private inpatient rooms, with the […]
News Release: McCarthy Building Companies, Inc. Breaks Ground on California Tower at UC Davis Health
News provided by McCarthy Building Companies, Inc. Jul 22, 2024, 13:00 ET The 910,000-square-foot healthcare facility will be a milestone in patient care and community health. DAVIS, Calif., July 22, 2024 /PRNewswire/ — McCarthy Building Companies, Inc. (McCarthy), in collaboration with SmithGroup and UC Davis Health, is proud to announce the groundbreaking of the UC Davis […]
News Release: Robins & Morton Begins Work on $220 Million Vertical Expansion at AdventHealth Daytona Beach
Press Release 07.22.24 Construction firm Robins & Morton, AdventHealth, and architect HuntonBrady recently joined together to celebrate the start of a $220 million, 240,000-square-foot addition at AdventHealth Daytona Beach. The construction includes vertical expansions in two existing areas at AdventHealth Daytona Beach, totaling five stories. This will add 104 new beds, including intensive care and […]
News Release: Construction on $220M expansion project begins at AdventHealth Daytona Beach
Construction has officially begun at AdventHealth Daytona Beach on a multi-phased, $220 million project to add 104 inpatient beds, four new surgical suites, and more than 240,000 square feet to the facility. The construction includes vertical expansions on two existing towers at AdventHealth Daytona Beach: a four-story vertical expansion on one tower and a one-story […]
News Release: Equity secured for the development of Utah medical office building
JLL Capital Markets advised Fort Street Partners on the equity placement for the Eagle Mountain Medical Office Building Development in Eagle Mountain, Utah. SALT LAKE CITY, UT, July 18, 2024 – JLL Capital Markets announced today that it has arranged equity placement for the Eagle Mountain Medical Office Building Development (“Eagle MOB”), a 24,655-square-foot medical office […]
News Release: The St. Joe Company and Tallahassee Memorial HealthCare Announce Opening of the First Building at the FSU/TMH Medical Campus in Panama City Beach, Florida
PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–The St. Joe Company (NYSE: JOE) (“St. Joe”) and Tallahassee Memorial HealthCare (TMH) proudly announce the opening of the first building at the FSU/TMH Medical Campus in Panama City Beach, Florida. TMH Urgent Care and TMH Physician Partners – Primary Care opened to patients in the newly constructed medical office building […]
News Release: North Liberty campus preview: Orthopedics and rehabilitation
New medical facility to offer full spectrum of musculoskeletal care When the new University the Iowa Health Care medical campus in North Liberty opens in the second quarter of 2025, it will serve as the new home for the Department of Orthopedics and Rehabilitation—providing a full range of musculoskeletal care in one location for a […]
News Release: Growing to meet community needs, IU Health announces construction of new hospital in Fort Wayne
FORT WAYNE, INDIANA – Indiana University Health has announced the next phase of its investment in the Fort Wayne community with the construction of a new hospital six years after opening its IU Health Primary Care Fort Wayne – South location. This represents a significant milestone for the state’s largest healthcare provider. The $421 million […]
News Release: Final Regulatory Hurdle Passed for University of Maryland Shore Regional Medical Center Project
For Immediate Release July 10, 2024 Today, the Maryland Health Services Cost Review Commission (HSCRC) approved the rate application request from University of Maryland Shore Regional Health (UM SRH), a member organization of the University of Maryland Medical System (UMMS), for the new Shore Regional Medical Center in Easton. HSCRC’s approval helps offset interest and […]