HCA Florida Healthcare intends to develop a free-standing emergency center and convert other space into a medical office building at Baywood Center in the Baymeadows area.

Memorial Healthcare Group Inc., part of HCA, paid $6.06 million on June 22 for two two-story buildings of 26,047 square feet each on 3.51 acres at 9424 and 9432 Baymeadows Road.

A JEA service availability request shows that the project includes the demolition of the building at 9432 Baymeadows Road for development of a 10,860-square-foot free-standing emergency room. Plans show 10 exam rooms, diagnostic X-ray, laboratory and other space. The building at 9424 Baymeadows Road is shown on a preliminary site plan as a future conversion to a medical office building.

Kimley-Horn of Jacksonville is the civil engineer.

“As a part of HCA Florida Healthcare, we are always looking to bring healthcare closer to where people live and work. This is especially important when it comes to emergency care,” said Odette Struys, public information officer of HCA Florida Memorial Hospital, in an email July 10.

Memorial Healthcare bought the property from Acorn Baywood LLC, which also has a six-story, 119,019-square-foot office building on the property at 9428 Baymeadows Road.

Anthony Brunetti with Florida Medical Space Inc. represented the buyer in the transaction. Newmark Phoenix Realty Group CEO and Principal Jim Sebesta and Senior Vice President Jeff Frandsen represented the seller.

All three structures were built in 1985.


Source:  Jacksonville Daily Record


doctor with stethoscope

Miami-based Cano Health announced the acquisition of fellow primary care provider Doctor’s Medical Center in a bid to grow its Medicare, Medicaid and Affordable Care Act (ACA) exchange memberships in South Florida.

The deal closed July 2 and ran Cano Health $300 million, $250 million of which the company said was financed by new debt.

Cano Health now controls DMC’s 18 medical centers located in Miami-Dade and Broward counties, the companies said, with 15 of these serving memberships dominated by adult and pediatric Medicaid members.

By combining with DMC, Cano Health said it will become “the largest independent value-based primary care provider to both Medicare and Medicaid patients” in the state of Florida.

“The DMC team has served the South Florida region for nearly 25 years, evolving its clinical platform to meet the diverse care needs of the community,” Marlow Hernandez, M.D., co-founder, CEO and chairman of Cano Health, said in a statement. “With DMC as part of the Cano Health family, we are bringing our care model to more patients and acquiring important footprint and infrastructure to further improve the clinical outcomes of underserved patients.”

Cano Health—which just recently joined the public markets through a $4.4 billion special purpose acquisition company merger—runs value-based primary care centers and provides support to other primary care practices treating senior patients. Active in Florida, Texas, Nevada and Puerto Rico, 80% of Cano Health’s populations are minorities, and 50% are dual-eligible for Medicare and Medicaid.

This week’s deal adds roughly 7,000 Medicare Advantage members, 31,000 Medicaid members and 14,000 ACA members to Cano Health’s business, which the provider said brings its total to about 197,000 members.

Of note, Cano Health stressed in its announcement that the deal will be a boon to its standing business with Humana. By expanding its reach and incorporating DMC’s specialized Medicaid medical centers, Cano Health said it will be able to provide greater services to the payer’s Medicaid members living in Florida.

“Cano Health’s focus on preventive care and wellness aligns with Humana Healthy Horizons and our ‘human care’ approach to serving our Medicaid members,” Humana Florida Medicaid President Jocelyn Chisholm Carter said in a statement. “Teaming with Cano Health, we continue to focus on making sure our members receive the full-service health care services they need in a welcoming environment.”

Cano Health’s deal comes hot on the heels of last month’s $600 million acquisition of University Health Care. That deal brought 13 Florida facilities and approximately 24,000 Medicare Advantage members under Cano Health’s purview.

Alongside news of the DMC deal, Cano Health shared new guidance on its 2021 and 2022 full-year financials.

Through the end of this year, the provider is projecting $1.5 billion in full-year revenue (an 80% year-over-year increase) and roughly $110 million in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA). It anticipates its membership to land between 205,000 and 210,000 and its total number of medical centers (currently 106) to fall between 121 and 126 facilities.

In 2022, Cano Health believes it will reach full-year revenues of $2.23 billion and adjusted EBITDA of $150 million. It’s also aiming to reach 250,000 members and 180 medical centers by the end of that year.


Source:  Fierce Healthcare

lee health_estero medical office building_naplesdailynews

Lee Health continues to expand in Estero as it plans to open primary care medical offices near Hertz Arena in 2022.

The building would sit at the southern corner of Ben Hill Griffin and Everblades parkways as part of the Shoppes at University Highland development. Three other buildings, including a Starbucks and Stretchlab, make up the site.

Lee Health would lease a two-story building that is working its way through the Village of Estero application process. The developer is finalizing architectural plans before going before the Planning, Zoning and Design Board for approval. The Village Council will then take a final vote.

The office will be the first for Lee Health near Corkscrew Road and Ben Hill Griffin Parkway. The health care provider wants a location closer to Florida Gulf Coast University and the growing area, Little stated.

“As a community-owned health system, Lee Health is committed to meeting the health care needs of our growing community,” Little stated. “This facility brings access to high-quality primary care closer to people’s homes and strengthens our efforts to provide convenient outpatient services in the ever-evolving health care landscape.”

Lee Health will lease the building from SREG University Highlands LLC. The developer is making small adjustments to the design after receiving critiques from the Estero design board. The board said small changes were needed, including window ornamentation and possible wall decoration.

“We’re trying to make (the building) complimentary by matching the building colors and window styles,” said John Conroy of South Real Estate Group.

The development has entrances from Highland Oaks Drive and Ben Hill Griffin Parkway. A parking lot and outside landscaping is already in place. The four-building development began in 2017.

Lee Health Coconut Point opened in Estero less than three years ago, and the health care provider is looking to expand further into the Village.

“Given our region’s growth, both of these facilities will complement each other to meet the growing health care needs of the community,” Little stated. “Lee Health Coconut Point provides convenient access to quality care, and we aim to bring that same experience to other parts of our region.”



Source:  Naples Daily News

construction plans 760x320

A company controlled by the CEO of Boca Raton-based marketing and digital advertising company Worldata wants to rezone a property west of Delray Beach to build a medical office building.

Birchwood Group LLC, managed by Jay Schwedelson in Boca Raton, filed a text amendment application with Palm Beach County officials for the 3.61-acre site at 15445 S. State Road 7. The vacant parcel is located a few blocks south of Atlantic Avenue in the Agricultural Reserve, a mostly agricultural area that has been transitioning to residential and some commercial development.

The application seeks changes to the area’s land use that would permit 31,625 square feet of medical and dental offices on the site. The application says this would generate 985 vehicle trips.


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Gloria Drummond Patient Tower-Boca Raton Regional Hospital

Boca Raton Regional Hospital, part of Baptist Health South Florida, filed plans for a new patient tower.

The nonprofit hospital first unveiled plans for the Gloria Drummond Patient Tower in early 2019, when it announced the start of a $250 million capital campaign. The original plans called for 180,000 square feet in seven stories, but the building in the new application is significantly larger.

Under the proposed site plan, the Gloria Drummond Patient Tower at 800 Meadows Road would total 437,394 square feet in nine stories. It would include private patient rooms, surgical suites, space for staff, and space for graduate medical education.

BRRH also has a pending plan to build a medical office building on its campus.


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