NexCore Group supplies healthcare providers with a strategy-based approach that integrates and enhances medical practice business plans and strategies. As healthcare real estate owners and developers, NexCore Group not only presents the best financial structure but also has the experience and expertise to manage physician office space. We look at strategy first, then wrap healthcare real estate around it.
We’re excited to announce our third ground break of 2011, an 80,000 square foot medical office building on the campus of Saint Agnes Hospital (a member of Ascension Health) in Baltimore.
The four-story MOB will be connected to the hospital on multiple levels and will have its own patient-dedicated surface parking. The facility will house independent and hospital-employed physician groups as well as growing hospital programs such as the Cancer Institute and Cardiovascular Institute. The Cancer Institute at Saint Agnes was recently awarded the highest accreditation possible for a cancer program from the Commission on Cancer, an accreditation level that has been bestowed on only 14 percent of the nation’s hospitals.
In the dynamic and ultra-competitive healthcare business, hospital and health system executives are challenged more than ever to look for ways to cut costs, free up capital, and earn the highest returns on the dollars they invest and spend. Third-party ownership of hospital outpatient care facilities is an avenue that can not only achieve these monetary goals but also enhance the recruitment of and return on human capital.
In the following video, NexCore’s Chief Investment Officer Peter Kloepfer discusses the growing need of hospitals and health systems to monetize their non-core real estate assets and what it takes to be a truly effective third-party owner of hospital-sponsored facilities. As Peter emphasizes in the video, “It takes more than just money to be successful on a hospital campus.”
Read our latest case study on third-party acquisition, which illustrates how we have helped our client NorthBay Healthcare, a growing regional health system in Northern California, do the following:
Our tireless CEO Greg Venn will be speaking at the Interface Medical Office Conference in Dallas on Friday, October 21st from 11:30 am – 12:20 p.m. Greg will bring his healthcare real estate insights to the following panel discussion:
The New Wave of Healthcare and Medical Office Real Estate Development
“Development is back as hospital and healthcare systems become more comfortable post-healthcare reform and start to shape their vision of tomorrow. What kind of development is most prevalent? What is driving architecture/design/construction?”
If you’ll be in attendance on October 20-21 and would like to set up a time to discuss healthcare real estate with Greg, please send his executive assistant Jessica Wooton an email. Watch the video below to hear more from Greg.
Interface Medical Office is a leading national conference that brings together owners/investors/developers, lenders and financial intermediaries, leasing and operations specialists, and everyone allied to the healthcare and medical office real estate industry. The following major health systems will also be participating in this year’s conference:
