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University Of Florida Aligns With Jupiter Medical Center To Develop New Facilities

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UF Health, the academic health care arm of the University of Florida, signed a letter of intent to develop new facilities with Jupiter Medical Center.

The nonprofit hospital will work with UF to expand health care delivery, research and educational services in Palm Beach and Martin counties. They are discussing the development of jointly owned and operated clinical facilities, although no specific locations have been announced. UF Health staff could also establish academic and research programs through JMC.

JMC is one of the few stand-alone nonprofit hospitals in South Florida. In April, it broke ground on a 90,000-square-foot surgical institute. According to a report to its bondholders, JMC earned $16.7 million on $366.4 million in revenue for the fiscal year ended Sept. 30, 2021.

 

Source: SFBJ

Mayo Clinic, Ascension Among Healthcare Giants Investing In Northeast Florida

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In 2019, Jacksonville-based Mayo Clinic Florida said it would build a $233 million, 190,000-square-foot oncology facility that will bring proton beam therapy and carbon ion therapy to Jacksonville.

Jacksonville-based Baptist Health also began several large projects this year, including building Florida‘s second largest children’s hospital and a seven-story facility that will “reorient” its downtown Baptist Medical Center Jacksonville Hospital.

Ascension St. Vincent in Jacksonville this year filed plans with city officials to build two emergency departments that are expected to open in 2020.

In addition, Baptist Health, Gainesville, Fla.-based UF Health and Nashville, Tenn.-based HCA Healthcare all filed plans to build facilities in Nassau County.

“If you’re going to have UF Health, Baptist and HCA, three mega-competitors that can literally stare into each other’s windows along the I-95 and A1A corridor, something really good is happening, because that is a lot of capital investment, a lot of healthcare,” former economic development board executive director Laura DiBella told the Business Journal. “And healthcare, in my experience, plants their money for decades.”

 

Source: Becker’s Hospital Review