Bon Secours Mercy Health To Develop 30+ Ambulatory Surgery Centers Across Multiple States

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Cincinnati-based Bon Secours Mercy Health System, a 48-hospital Catholic system, has teamed with Compass Surgical Partners to develop more than 30 ambulatory surgery centers across multiple states, the Triangle Business Journal reported on May 29.

Bon Secours Mercy Health is the latest system to form a strategic partnership to expand their outpatient presence and develop ASCs. Salt Lake City-based Intermountain Health and Columbus-based OhioHealth recently inked similar deals with Nashville, Tenn.-based Surgery Partners — one of the largest ASC chains in the U.S.

“Our view, over time, is that more complex procedures will come out of the hospitals,” Sean Rambo, president of Compass, told the publication. “Health systems are wanting to catch up and use this strategy to expand outside of hospital walls.”

Compass will work with Bon Secours Mercy Health of Ohio to develop the ASCs over the next few years throughout the system’s footprint, which includes Kentucky, Ohio, South Carolina, Virginia, Maryland, New York and Florida, according to the report. The network could expand into other states, such as North Carolina.

“Providing quality outpatient surgical care is an important investment for the communities we serve, enabling us to expand access to care for patients in a way that is accessible and appropriate for their individual care needs,” Bon Secours Mercy Health COO Don Kline said in a news release. “Compass Surgical Partners’ expertise in creating patient-centered ambulatory surgical centers, coupled with their successful track record of leadership in this important space, makes them an ideal partner for this long-term initiative.”

Financial terms of the deal were not disclosed.

 

Source: Becker’s Hospital Review

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NexCore Group Breaks Ground On Dallas-Area Medical Office Building

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NexCore Group, on behalf of Hunt County Regional Hospital, has broken ground on the Hunt Regional Healthcare Medical Office Building, a 70,000-square-foot facility in Royse City, Texas.

The development team includes Hill & Wilkinson General Contractors and architecture firm Page Southerland Page. Delivery is expected in the fall of 2024.

In April, the City awarded a $925,000 cash incentive to NexCore Group for the development of the property. The project involves a $20 million capital investment.

Upon completion, the property will be home to an emergency facility, as well as to specialty practices including women’s care and orthopedics. Medical services provided will include diagnostic imaging, laboratory services and primary care.

The health-care facility is taking shape at the intersection of Interstate 30 and Shaw Road, some 30 miles from downtown Dallas. Other medical providers in the surrounding area include Royse City Dental Care, Royse City Emergency Hospital, Texas Health Family Care and Hunt Regional Family Medicine, among others.

NexCore Group currently has four other projects, located in Indiana, Colorado, Nevada and Arizona, in its development pipeline. The medical office buildings have a completion date set for the last quarters of 2023 and 2024.

Another medical office building broke ground near Dallas earlier this year. Caddis Healthcare Real Estate kicked off the construction of a 60,000-square-foot facility in Frisco, Texas.

 

Source: Commercial Property Executive

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$24M Medical Office Building To Be Part Of ‘The Mix’ In Frisco, Texas

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A New York developer is slated to start work soon on a five-story medical office building in The Mix in Frisco.

The Dallas Business Journal reports that the $24.4 million medical office building, with 116,580 square feet of space, will be constructed at the corner of Lebanon Road and Parkwood Boulevard. A public filing indicates the project will also have a $14.4 million, 193,677-square-foot, seven-tier parking structure with 556 parking spaces included.

JVP Management of New York is listed as the owner and CallisonRTKL Inc. of Dallas is the listed design firm. The construction start date is June 1 and completion is scheduled for summer of 2024.

The site is across the tollway from some of Frisco’s biggest mixed-use developments, including The Star — home of the Dallas Cowboys — as well as Frisco Station and The Gate. The plan for The Mix calls for 3 million square feet of housing, 2 million square feet of office space, 375,000 square feet of retail and two hotels.

 

Source: ConnectCRE