Tag Archive for: boca raton regional hospital

Boca Regional Unveils Toby And Leon Cooperman Medical Arts Pavilion

Toby and Leon Cooperman Medical Arts Pavilion at Boca Raton Regional Hospital 760x320

On Nov. 13, Boca Raton Regional Hospital celebrated the opening of the Toby and Leon Cooperman Medical Arts Pavilion.

Construction for the Pavilion began a little over two years ago as part of the Boca Raton Regional Hospital Foundation’s (BRRHF) “Keeping the Promise” campaign, an historic fundraising campaign that to date has brought in nearly $270 million from the local philanthropic community, including $25 million from the building’s namesakes, Toby and Leon Cooperman.

Among the many state-of-the-art medical technologies housed in the new pavilion is a High-Intensity Focused Ultrasound machine, a non-invasive treatment that uses high frequency sound waves to destroy prostate cancer cells without damaging the surrounding tissue or organs.

The new Pavilion will be essentially a one-stop shop for medical care. The building houses doctor’s offices, medical specialty clinics and five new operating rooms double the size of the hospital’s existing ORs—all a stone’s throw away from the new, multi-story Eleanor R. Baldwin parking garage.

The next phase of the hospital’s “Keeping the Promise” campaign will include the opening of the Gloria Drummond Patient Tower, a 462-room facility that will give patients their own private rooms. Other future projects include a proton therapy treatment facility, a renovation of the existing hospital, a new central energy plant that will keep the hospital self-sufficient through emergencies, and more. Within 10 years, the total investment in the hospital will exceed $1 billion, including funds from Boca Regional parent company Baptist Health South Florida.

 

Source:  Boca Magazine

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Hospital Breaks Ground On 437,000-Square-Foot Project

Gloria Drummond Patient Tower 760x320

Boca Raton Regional Hospital broke ground on a seven-story patient building on its main campus.

The Gloria Drummond Patient Tower, named after the late founder of the hospital, will total 437,000 square feet. It will include surgical suites and private patient rooms.

The project was named by Elaine J. Wold and the Bay Branch Foundation after they made a $25 million gift to the hospital’s capital campaign, which aims to raise $250 million.

The patient building is expected to be completed in 2025.

 

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Boca Raton Regional Hospital Proposes 9-Story Patient Tower

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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Baptist Health Proposes Medical Office Building At Boca Hospital

Baptist Hospital-MOB

Baptist Health South Florida wants to construct a medical office building next to Boca Raton Regional Hospital.

The Miami-based nonprofit merged with BRRH in 2019. The Boca Raton nonprofit already launched a $250 million fundraising campaign to build a patient tower and a 972-space parking garage on its main campus.

The new application, which BRRH recently filed with the city, pertains to the 2.9-acre site at 745 Meadows Road. Located next to the hospital, the property currently has three office buildings for a combined 32,453 square feet. They were built in the early 1970s and would be demolished to make way for a larger office building and a parking garage.

 

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Boca Raton Regional Hospital Completes Merger With Baptist Health

Boca Raton Regional Hospital is now part of the biggest health care system in South Florida.

The hospital completed its merger with Baptist Health South Florida on Monday, which gives Baptist Health 11 hospitals from the Florida Keys to Palm Beach County. It now has nearly 23,000 employees, over 4,000 physicians and 100 outpatient centers.

“Our organizations share the same calling to improve the health and well-being of individuals and to deliver compassionate healthcare to our patients at the highest standards of excellence and safety,” said Brian E. Keeley, president and CEO of Baptist Health. “We foresee an exciting future at Boca Raton Regional Hospital that will cement its title as the preeminent healthcare provider in the community.”

The 400-bed Boca Raton Regional Hospital is the top-ranked hospital by U.S. News & World Report’s Best Hospital list. The nonprofit medical facility has facilities for oncology, neuroscience, women’s health, and more. It also hosts Florida Atlantic University’s College of Graduate Medical Education.

After 11 years as CEO of Boca Raton Regional Hospital, Jerry Fedele will retire in August. He will be replaced by Lincoln S. Mendez, who is currently CEO of Baptist Health’s South Miami Hospital.

“Establishing our partnership with Baptist Health represents an important milestone in the history of Boca Regional,” Fedele said. “It is one that continues the positive momentum and trajectory of Boca Regional as the premier healthcare provider in South Florida.”

For Baptist Health, the merger grows its presence in Palm Beach County, where it already has Bethesda Hospital East and Bethesda Hospital West.

Being part of a larger hospital system will allow Boca Raton Regional to operate more efficiently with stronger bulk purchasing power and better access to financial markets.

According to an announcement to its bondholders on July 1, Boca Raton Regional said it and Baptist Health are seeking to issue a bond to refund the 2014-issued bonds by the Boca Raton hospital.

For the quarter that ended March 31, 2019, Boca Raton Regional had net income of $10.2 million on revenue of $157.2 million, according to a report to its bondholders.

During the same period, Baptist Health had net income of $224 million on revenue of $844.8 million. Combined, their revenue that quarter exceeded $1 billion.

Boca Raton Regional has a robust fundraising pipeline. It raised $51.3 million in donations for the nine months that ended March 31, 2019.

 

Source: SFBJ

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