Inpatient Projects:Cincy hospital plans $265M project
ORTHO FACILITY WILL BE CENTERPIECE OF PROJECT BY THE CHRIST HOSPITAL By John Mugford The Christ Hospital in Cincinnati plans to begin construction this coming summer on a $265 million expansion and improvement at its main campus in the historic district of Mt. Auburn, just north of downtown. According to hospital officials as well as […]
Inpatient Projects: WVU Hospitals plans $280M tower
WEST VIRGINIA SYSTEM’S 10-STORY PROJECT TO ADD 139 BEDS IN MORGANTOWN By John Mugford WVU Hospitals Inc. in Morgantown, W.Va., proclaims that its mission is to serve all of the state’s residents. In order to better do so, the health system recently proposed a $280 million, 10-story tower on the campus of its Ruby Memorial […]
Outpatient Projects: MOB going up near new Texas hospital
PMB IS INVOLVED IN OUTPATIENT, INPATIENT DEVELOPMENTS ON LAKEWAY CAMPUS By John Mugford Mid-year in 2011, with the anticipated opening of a new hospital in fast-growing Lakeway, Texas, approaching, San Diego-based Pacific Medical Buildings (PMB) found itself having to make significant changes to its plans for a medical office building (MOB) on the campus. By […]
Industry Pulse: February 2012
MALVERN, Pa. – With concern and awareness for concussions on the rise, more of the injuries are being diagnosed than ever before. In fact, the Centers for Disease Control (CDC) in October issued a report indicating that the number of concussions and traumatic brain injuries (TBI) among athletes under the age of 19 increased by […]
Inpatient Projects: Florida OKs new $125 million hospital
SHANDS JACKSONVILLE PLANS $125 MILLION HOSPITAL AND MOB NORTH OF CITY By John Mugford More than four years after it first announced plans to build a new hospital in a growing area north of Jacksonville, Fla., the Shands Jacksonville health system recently received the go ahead from the state to proceed with the project. For […]
Provider Perspective: Changes and challenges
HEALTH EXECS DISCUSS REAL ESTATE RESPONSES By John Mugford Ever since the first hospital was built in what would become the United States back in the 1750s, physicians and healthcare administrators have had to adapt and change with the times. Healthcare has always been, and always will be, an industry on the move. However, the […]
Companies: New firm H2C up and running, growing
THE BOUTIQUE ADVISORY IS ADDING PEOPLE, OFFICES AND NEW SERVICE AREAS By John Mugford Two months ago, Healthcare Real Estate Insights™ reported that several former healthcare investment banking executives had left Morgan Keegan & Co. Inc. to form a new advisory firm. Since then, that new company, New York-based Hammond Hanlon Camp LLC, also known […]
Inpatient Projects: WellStar gets CON replacement in Ga.
$125 MILLION HOSPITAL SLATED FOR PAULDING COUNTY, NORTHWEST OF ATLANTA By John Mugford With its 53-year-old hospital in Dallas, Ga., deemed unable to handle the rapid growth taking place in Paulding County, Wellstar Health System recently received the answer it was looking for from the Georgia Department of Community Health. The state approved the Marietta, […]
Special Report: 2012 prediction: déjà vu
HREI™ BOARD EXPECTS COMING YEAR TO BE SIMILAR By John Mugford Anyone hoping to get a preview of what the healthcare real estate sector will look like in 2012 can, for the most part, take a look back at 2011. That’s because some of the industry’s most experienced professionals believe that, barring any unforeseen circumstances, […]
Senior Living: Senior moment? Sector is heating up
INTEREST IS GROWING IN POST-ACUTE AND LONG-TERM CARE REAL ESTATE By Murray W. Wolf The potential opportunity in the senior living market has seemed tantalizingly obvious for many years. We all know about the “silver tsunami” – the 78 million aging baby boomers who, during the next two decades, will drive unprecedented demand for independent […]
Inpatient Projects: Columbia, S.C., to get a new hospital
PALMETTO HEALTH BREAKS GROUND ON 76-BED FACILITY ON NORTH SIDE OF CITY By Dan Emerson A ground breaking ceremony was held in late October for a future hospital to serve the growing, hospital-bed deprived area of northwest Columbia, S.C. Palmetto Health is investing nearly $100 million into the future Palmetto Baptist Parkridge Hospital, which is […]
Outpatient Projects: Northwestern has high hopes for MOB
HOSPITAL UNVEILS PLANS FOR $334 MILLION, 25-STORY, 1 MILLION S.F. FACILITY By John Mugford For years, healthcare real estate developers have been noting that many medical office buildings (MOBs) have been getting larger, especially those with a variety of specialties, surgery facilities, diagnostic imaging centers, and host of other services. Well, there are large medical […]
Company Profile: Small firm, big presence
GOOD REPUTATION KEEPS HEALTHAMERICA HUMMING By John Mugford When Thomas W. “Tommy” Tift III was in Los Angeles for a healthcare real estate conference and some meetings earlier this year, he took an afternoon away from business to enjoy the nice weather and squeeze in a round of golf. But the getaway quickly turned into […]
Inpatient projects: Plans unveiled for $360M N.D. hospital
371-BED FACILITY WOULD REPLACE OLDER CAMPUS AND BE BUILT OUT OF FLOOD PLAIN By Dan Emerson While much of the country is struggling to dig out of the recession, the state of North Dakota has been enjoying an economic boom, fueled in large part by new oil-field discoveries. At the same, the state’s largest city, […]
Companies: Cain Brothers represents VHS in deal
PUBLICLY TRADED VANGUARD ACQUIRES MAJORITY INTEREST IN TEXAS SYSTEM By John Mugford Acquisitions of independent hospitals by larger companies and health systems are continuing at a rapid pace. In a recent example, Nashville, Tenn.-based Vanguard Health Systems (NYSE: VHS), a publicly traded system with 26 hospitals and complementary facilities nationwide, acquired a 51 percent interest […]
