News Release: Over 34 million s.f. of outpatient healthcare real estate was started or completed in 2017
Second annual Revista-HREI survey finds that the pace of development was still robust for MOBs and other outpatient facilities last year, although it was down 4.6 percent from 2016 ARNOLD, Md., and MINNEAPOLIS, March 14, 2018 – Outpatient healthcare real estate (HRE) development projects totaling more than 34 million square feet were started or completed […]
Cover Story: 2017’s biggest outpatient HRE developers revealed
With more than 34 million square feet of MOBs and other outpatient projects started or completed in 2017, developers MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way, according to second annual report by Revista and HREI™ By John B. Mugford The year 2017 saw a slight drop in the development of […]
News Release: CHI Health Clinic Breaking Ground on New Council Bluffs Clinic
March 12, 2018 We’re Growing – With One-Stop Health Care New CHI Health Clinic Will be More Than Four Times the Current Size A new CHI Health Clinic at Valley View and Mall Drives in Council Bluffs is not only bigger, it will provide a rotating cast of specialists – all under one roof. In addition […]
News release: HealthAlliance Receives Key State Approval for $92 Million Hospital Transformation
Thursday, March 8, 2018 State Department of Health Approves Certificate of Need; Healthy Neighborhood Initiative Moving Forward KINGSTON, N.Y. — HealthAlliance of the Hudson Valley, a member of the Westchester Medical Center Health Network (WMCHealth), has received contingency approval from the New York State Department of Health for a transformative $92 million expansion and enhancement […]
Outpatient Projects: Five developers vying for $200 million, 250,000 square foot Penn Medicine project at former Wyeth Labs site
RADNOR TOWNSHIP, Pa. — The University of Pennsylvania Health System (Penn Medicine) recently received preliminary land development approval from Radnor Township officials for the development of a new $200 million, 250,000 square foot medical facility and 1,000-vehicle garage along Interstate 476 in this Philadelphia suburb. The property, at 145 King of Prussia Road, is on […]
News Release: Blessing seeks permission to build medical office building
Blessing Hospital has filed a Certificate of Need with the State of Illinois, seeking permission to build a medical office building on the southeast corner of 48th and Maine in Quincy. The two story structure would be 80,000 square feet on seven acres of land. It would include provider offices, physical therapy, select radiology and […]
News Release: Memorial and Washington University Physicians receive CON Board approval
DATE February 28, 2018 Memorial Regional Health Services and Washington University Physicians in Illinois receive CON Board approval to build second medical office building in Shiloh Memorial Regional Health Services, Metro-East Services, Memorial Group, BJC HealthCare and Washington University Physicians in Illinois, Inc. received unanimous approval from the Illinois Health Facilities and Services Review Board (IHFSRB) […]
News Release: Meridian Completes Construction of 10,000 SF Medical Office Building in Bay Area’s Alameda County
FOR IMMEDIATE RELEASE: Meridian Completes Construction of 10,000 SF Medical Office Building in Alameda County Meridian delivers complicated project in just six months SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed ground-up construction of a 10,000-square-foot single-tenant medical […]
Outpatient Projects: Anchor to be part of new campus
HRE firm chosen as co-developer of an 85,000 square foot MOB in Milford, Del. By John B. Mugford A future healthcare campus under construction on the outskirts of Milford, Del., has been designed to provide medical services for residents in the central and southern part of the state for the next 100 years.
Outpatient Projects: The Sanders Trust enters its 25th state by starting a new MOB near Chicago
Birmingham, Ala.-based The Sanders Trust (TST) has started construction on a future $11.2 million, 30,000 square foot medical office building (MOB) in Glenview, a Chicago suburb. The project
Outpatient Projects: PMRG, physician partners start work on MOB adjacent to hospital in Irving, Texas
Local news media reports that Houston-based PMRG, along with several physician partners, recently began construction of a three story, 58,000 square foot MOB adjacent to the 296-bed Baylor Scott
News Release: Cornerstone and OSF Healthcare announce completion of new, ground-up development
A brand-new, OSF Healthcare facility is now open to patients in Godfrey, IL. Completed by Cornerstone in December 2017, the 13,126-square-foot medical office building includes clinic space and an urgent care center. This single-story, ground-up development is operated by OSF Healthcare, a 13-hospital health care system serving Illinois and the Upper Peninsula of Michigan. Cornerstone […]
Outpatient Projects: Kaiser Permanente gains approval for four-story, 197,800 square foot Mob in redwood City, Calif.
REDWOOD CITY, Calif. — Kaiser Permanente recently received approval from the Redwood City Planning Commission to build a four-story, 197,800 square foot MOB at 1175 Marshall St., within its campus just southeast of downtown. Local news media reports that plans approved Feb. 6 call for the on-campus MOB to house specialty care clinics, conference rooms, […]
News Release: Kaiser Foundation Health Plan and Hospitals Report 2017 Financial Results
Largest not-for-profit, integrated healthcare system reports more than 10 percent membership growth and consistent operating performance in 2017 Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and their respective subsidiaries (KFHP/H) across all eight regions, including the newest region, Kaiser Permanente Washington, reported their 2017 annual financial results. Total operating revenue for 2017 was $72.7 billion, […]
News Release: RCCH Healthcare Partners and Rendina Celebrate Groundbreaking that Expands New Hospital Campus
As construction continues on the new North Alabama Medical Center (NAMC) hospital campus in Florence, RCCH Healthcare Partners and Rendina Healthcare Real Estate have broken ground on a nearly 72,000 square foot medical office building (MOB) that will be attached to the new hospital. The MOB will house complementary services to those offered in the […]
