The $91 million patient building development is part of Medical City Healthcare’s five-year, $1.1 billion investment in expanding hospitals, adding service lines, building new facilities, and advancing technology systemwide.
Trends
Capturing Value From Health-Care Collaborations
Collaboration within and among organizations has become increasingly important—if not necessary in the wake of the pandemic. While turbulent times forged new partnerships across all sectors, some of these preserved and further strengthened their key competencies.
After 121 Hospital Sales Over 6 Years, CHS Doubles Down On ASC, Outpatient Growth
Nearing the end of a multiyear divestiture plan, Franklin, Tenn.-based CHS has spent nearly $440 million in developing three ASCs and three freestanding outpatient-based emergency departments, with more in the pipeline.
Medical Office Building Construction Remains Strong In Starts And Completions
Although MOB completions slowed a little bit towards the end of 2020, starts remained pretty much in line with past years with 20.9 million square feet of space started as of the fourth quarter.
Healthcare Realty Trust Acquired $547M In Medical Office Buildings In 2020
According to a recent company’s earnings call, Healthcare Realty Trust had a banner year of investment in 2020 and already made $40 million in acquisitions this year.