Tag Archive for: sarasota memorial health care system

SMH_Milman-Kover_Cancer_Pavilion_Rendering 760x320

A recent $16M donation will be used to build an expanded breast health center as part of Sarasota Memorial’s Jellison Cancer Institute.

Sarasota Memorial Hospital 760x320

Sarasota Memorial Hospital (SMH) announced plans to move forward with the construction of a new hospital in North Port, FL.

The facility will be constructed on a 32-acre undeveloped site first bought in 2007. With the land purchase, the Sarasota County Public Hospital Board pledged to invest in the medical infrastructure needed to support a hospital in North Port.

The size, cost, and construction schedule for the hospital are still being finalized. Initially, SMH-North Port will open with approximately 100 beds, but will be constructed to have the capacity to more than double in size to meet local healthcare needs.

SMH-North Port plans to offer a comprehensive range of acute medical, surgical and specialty care, outpatient programs and diagnostic services, as well as space for educational and support programs.

The facility will be built with hurricane-proof materials and a back-up energy center with connection to the electronic medical records, clinical systems and specialized support of Sarasota Memorial Health Care System.

“Building a hospital in North Port has been part of our strategic plan and a longstanding goal of city and hospital leaders for many years,” said Sarasota Memorial Health Care System President & CEO David Verinder. “As we had hoped, the new Venice hospital is expanding and bringing our extensive physician base further south, which provides the support and specialty services we need to move forward with a full-service hospital in North Port.”

SMH-North Port will be the health system’s third acute-care hospital and the first hospital for the city of North Port. With a growing population of 80,000 residents, North Port is now the largest city both in land mass and population in Sarasota County, and one of the fastest-growing cities in the nation.

“The want and need for a first-class medical facility in the North Port community is palpable, and has been for many years,” City Manager Jerome Fletcher said. ”This meeting was just the beginning of the discussion, and the City looks forward to hearing more about how we can support the plans and the economic development opportunities a new hospital will bring to North Port.”

SMH was recently awarded a 5-star rating for overall quality from the federal government. The 5-star quality rating marks SMH as the only hospital in Florida, and one of only 33 in the nation, to repeatedly earn the distinction, according to the hospital.

Of the 4,500-plus hospitals that were evaluated, fewer than 14 percent of received 5 stars in the CMS ratings. In Florida, only 15 hospitals achieved the 5-star designation in 2022.

 

Source:  The Capitolist

Silverstein Institute-1901FloydSt-SarasotaFL

HREA | Healthcare Real Estate Advisors announced the real estate sale of an on-campus medical office building located in Sarasota.

Constructed in 2003, the Silverstein Institute medical office building is 93% leased and anchored by First Physicians Group ENT (FPG), a wholly-owned subsidiary of Sarasota Memorial Health Care System. FPG is Sarasota’s foremost primary and specialty care medical group with a network of over 250 board-certified or board-eligible doctors representing wide array of specialties. FPG recently acquired Silverstein Institute, a leading research center for diagnosing and treating ENT disorders. As part of the acquisition, FPG signed a new 10-year lease.

The building is 75% occupied by the Sarasota Memorial Health Care System and located adjacent to the Sarasota Memorial Hospital (SMH) campus, an 839-bed regional medical center that is also one of the largest public health systems in Florida with nearly 7,000 professionals and more than 1,400 credentialed providers representing 60 specialties.

 

Source: Wolf Media USA

 

The Sarasota Memorial Health Care System has closed on the purchase of the former Sarasota Herald-Tribune building on Main Street where it plans to relocate more than 300 support-services personnel.

The hospital’s $17.3 million project includes renovating the three-story, 72,408-square-foot building on 3.8 acres at 1741 Main St. and constructing a one-story parking structure.

Moving the employees will free space for growth on the hospital’s main campus and improve “interdepartmental efficiencies” among support service departments scattered in different buildings, according to hospital officials.

The hospital paid $10.68 million for the building, spokeswoman Kim Savage said Wednesday. The proposal approved in October included $2.26 million to build the parking platform on top of the existing parking lot to add 90 spaces to the current 240 ground-level parking spots. The hospital board on Tuesday approved entering into a contract with A.D. Morgan Corp. of Bradenton to design and build it. Construction is estimated to take 10 weeks.

“We hope to move employees into the building this summer, but our plans depend on the amount of time it takes to obtain necessary permits and build the parking platform,” Savage said.

Once that construction and the building renovation is completed, employees will be moved over four to six weeks, she said. They will primarily work daytime hours Monday through Friday.

“Purchasing the former Herald-Tribune building is a good move for the hospital and the community,” hospital board member Tramm Hudson said. “It will allow us to expand clinical areas to better serve our growing community and relocate about 300 non-clinical staff members who now work in multiple sites to one downtown location.

“We believe centralizing those team members will enable greater collaboration and efficiencies as well as provide additional parking on our main campus for our patients and visitors,” Hudson said.

Local developer Wayne Ruben signed a contract in June to buy the building, most recently listed for $13.95 million, with unspecified plans to redevelop the property. Officials say he approached the hospital last summer about buying the property. Sarasota Memorial had been looking into constructing a new support services facility at its Clark Road campus.

Built in 2006, the building was first listed for sale at $18.1 million when it was fully leased to the Herald-Tribune and IberiaBank. The Herald-Tribune moved to the SunTrust building next door in February 2017 and the building has been vacant since SNN News Now left last month.

It had been owned by an affiliate of Halifax Media Holdings of Little Rock, Arkansas, which sold the newspaper to New Media Investment Group and Gatehouse Media in early 2015. The New York Times Co., a previous owner of the newspaper under which the building was constructed for about $18 million, sold the property for $17.4 million in 2012. It was designed by the Miami firm Arquitectonica with almost 2,000 panes of glass.

“It’s a terrific addition for that end of Main Street,”′ said Ian Black, whose commercial real estate firm’s Steve Horn represented the seller along with JLL’s Brent Miller.

The Sarasota Memorial Health Care System, an 839-bed regional medical center, is among the largest public health systems in Florida. It has more than 5,000 staff and 900 physicians, primarily in its main campus at 1700 S. Tamiami Trail.

Its growth has created space challenges. For example, the perioperative suite and cardiology department at Sarasota Memorial Hospital are hampered by their current space and lack of room to expand, hospital staff said in its recommendation to buy the building in October.

Under the plan, Sarasota Memorial plans to consolidate administrative functions that now are at four locations. Supply-chain management, corporate compliance, the First Physicians Group central business office and clinical business systems would be moved from the main campus.

The “revenue cycle” operation, which includes patient financial services and registration, will move from Hillview Street. The corporate finance department will relocate from Bee Ridge Road, and physician IT services will come from the Doctors Gardens building south of the hospital across Arlington Street.

Source: Herald-Tribune

The Sarasota Memorial Health Care System plans to spend $17.3 million to buy and renovate the former Sarasota Herald-Tribune building on Main Street and move more than 300 support services personnel to the three-story downtown site.

The hospital’s board unanimously approved the plan Monday.

Relocating the employees would free space for growth on the hospital’s main campus and improve “interdepartmental efficiencies” among support service departments scattered in different buildings, hospital staff stated in the proposal.

The hospital’s plan includes building a one-story parking structure that would add 90 to 100 spaces to the current 240 ground-level parking spots.

“We’re landlocked now on the main campus,” said hospital board member Tramm Hudson. “This frees up space inside the campus for clinical expansion and patient care. This is a good value for the citizens of Sarasota County and for health care.”

The hospital said it would spend $11.8 million to acquire the property and $2.26 million to build the parking garage. Other costs would raise the project price tag to $17.33 million.

With the 8-0 vote for the plan, due diligence on the purchase will begin immediately and conclude by Nov. 20, according to the hospital staff’s timeline. Closing of the purchase would occur by Jan. 20, and renovations would begin the following week, with completion by April and full occupancy on May 27.

Local developer Wayne Ruben signed a contract in June to buy the building, most recently listed for $13.95 million, with plans to redevelop the property into a mixed-use project.

The 72,408-square-foot building sits on 3.8 acres at 1741 Main St. Built in 2006, it was first listed for sale at $18.1 million when it was fully leased to the Herald-Tribune and IberiaBank. The Herald-Tribune moved to the SunTrust building next door in February 2017, and the building is now vacant except for a portion of the third floor occupied by SNN News Now.

It is owned by an affiliate of Halifax Media Holdings of Little Rock, Arkansas, which sold the newspaper to New Media Investment Group and Gatehouse Media in early 2015.

The building sits 1.7 miles from Sarasota Memorial’s campus. The hospital previously rented space for administrative staff at Sarasota Main Plaza but later moved them to space at or near the campus.

The Sarasota Memorial Health Care System, an 829-bed regional medical center, is among the largest public health systems in Florida. It has more than 5,000 staff and 900 physicians.

Its growth has created space challenges. For example, the perioperative suite and cardiology department are hampered by their current space and lack of room to expand, hospital staff said in its recommendation.

Under the plan, Sarasota Memorial plans to consolidate administrative functions currently at four locations. Supply chain management, corporate compliance, First Physicians Group central business office and clinical business systems would move from the main campus. The “revenue cycle” operation, which includes patient financial services and registration, would move from Hillview Street. The corporate finance department will relocate from Bee Ridge Road, and the physician IT services will come from Doctor’s Gardens.

The emptied spaces would be used for expansion or other offices.

Source: Herald-Tribune