Inpatient Projects: D.C. mayor calls for new strategy
City-owned hospital would be modernized, run by third-party operator By John B. Mugford Instead of selling the financially troubled United Medical Center in Washington, as a recent plan had called for, D.C. Mayor Vincent Gray recently announced that he would like to see the city remodel or rebuild the hospital into a “modern” facility that […]
Inpatient Projects: More Inpatient Project News
Dignity Health recently started construction on its future 24-bed, $44 million hospital in Glendale, Ariz. The new hospital, to be called St. Joseph’s Westgate Medical Center, is under way on a 35-acre tract near Loop 101 and Glendale Avenue, in the West Valley area of Greater Phoenix. The hospital is scheduled to open in early […]
Inpatient Projects: Finally, downscaled Shriners moving forward in St. Louis
ST. LOUIS – After years of setbacks, Shriners Hospital for Children in St. Louis has a date set for a groundbreaking for a new replacement hospital: March 20. The $47 million replacement facility will be constructed at 4400 Clayton Ave. on the campus of the Washington University School of Medicine on the large campus of […]
Inpatient Projects: Work beings for $55 million Permian Regional Medical Center in Andrews, Texas
ANDREWS, Texas – Work started in recent weeks on a new replacement for Permian Regional Medical Center (PRMC) in Andrews. The future $55 million hospital will have 34 beds, a wellness center and physician clinic space and offices. The 200,000 square foot facility, which will be built in phases and completed in 2016, will be […]
Inpatient Projects: Commercial spaces to pay for hospital
By Dan Emerson Like many aging hospitals throughout the country, century-old St. Anthony in Chicago has plans for a new replacement campus a short distance from its existing facility outside of downtown. Yet, what St. Anthony Ministries, the holding company that owns the hospital, has planned is, perhaps, unlike any medical complex/planned community in the […]
Cover Story: ‘This is what change looks like’
Like it or not, healthcare real estate changed dramatically in the past 10 years. Here are our picks for the top 10 stories. By Murray W. Wolf As part of our look back at our first 10 years of publishing Healthcare Real Estate Insights™, we knew we wanted to include an article naming the top […]
Inpatient Projects: Shore Health plans 126-bed replacement
S ystems hopes to break ground this summer for hospital costing at least $242M By John B. Mugford The city of Easton, Md., is home to a 100-year-old hospital, the venerable Shore Health System’s Memorial Hospital. Needless to say, healthcare has changed plenty during the last century, prompting the health system, which became part of […]
Outpatient Projects: Huge cancer center planned for NYC
Former city-owned site will be home to 21-story, 750,000 square foot facility By John B. Mugford In the heart of perhaps the world’s most costly real estate market – Manhattan – building a new outpatient healthcare facility can be quite an undertaking, and an expensive one at that. If you’re going to build something, you […]
Companies: Developer finishes third cancer center
OPTIMAL OUTCOMES OPENS 36,000 FACILITY IN TAMPA, FLA., FOR GROWING GROUP By John Mugford For St. Petersburg, Fla.-based Optimal Outcomes LLC, developing comprehensive cancers centers has become a strong niche among the services it offers. In fact, the healthcare development firm recently completed a new 36,000 square foot, $9.5 million cancer center in Tampa, Fla., […]
Inpatient Projects: After 4 years, Texas hospital on track
MEDISTAR CORP. PLANS TOP OPEN 174-BED FACILITY IN LATE 2013 NEAR HOUSTON By John Mugford All systems certainly seemed to be “go” back in 2007 when Medistar Corp. landed an operating partner for a new privately owned hospital it had planned for Webster, Texas, southeast of Houston. Everything remained on track after construction started and […]
Inpatient Projects: North Phoenix to get a new hospital
JOHN C. LINCOLN HEALTH NETWORK BUYS LAND, PLANS CAMPUS WITH 120 BEDS By Dan Emerson Sure, the recession may have hit Greater Phoenix fairly hard, slowing residential growth and limiting new commercial real estate development, including medical projects. However, there are signs that the economy is improving, and now a new ground-up hospital for the […]
Capital Markets Snapshot: Differing perspectives offer insights
PLAYERS WILL HAVE DIFFERENT MOTIVATIONS AS REFORM IS IMPLEMENTED By Cain Brothers As the drama around the presidential election fades and the healthcare industry focus shifts to implementation of the Accountable Care Act, understanding the process and potential outcome of the enabling legislation that will truly define the ACA’s implementation will require perspective. How the […]
Inpatient Projects: New Orleans healthcare in recovery
NEW $78 MILLION HOSPITAL IN CHALMETTE IS FIRST SINCE HURRICANE KATRINA By Dan Emerson Seven years after Hurricane Katrina and the subsequent flooding crippled the New Orleans area’s healthcare infrastructure,
Outpatient Projects: Rendina starts cancer center in Va.
FIRM’S EXECUTIVES SAY PERSONAL EXPERIENCES MAKE THIS PROJECT SPECIAL By John Mugford A $10 million cancer center being developed by Jupiter, Fla.-based Rendina Cos. is under way on the campus of Southside Regional
Companies: Hammes starts 3rd CAH for Va. system
FIRM IS PROJECT MANAGER FOR CRITICAL ACCESS HOSPITALS IN VIRGINIA, W. VA. Staff Report In today’s complicated healthcare landscape, much focus is being paid to the numerous consolidations taking place and the formation of regional and super-regional health systems. Where does this leave the smaller hospitals and health systems serving patients in rural areas, especially […]