How ACA Will Change the Business of Real Estate

The recent Supreme Court ruling affirming the Affordable Care Act placed an emphatic exclamation point on what many already know: healthcare is changing in profound and fundamental ways. Less-known, but no less relevant for real estate executive focused on healthcare, is that important changes are also impacting healthcare real estate. This inaugural contribution to D Healthcare Daily addresses these trends. The first key theme is expansion. Under the ACA, many millions of previously under-served patients will now enter the healthcare market. The Centers for Medicare and Medicaid Services (“CMS”) projects that national health expenditures will rise to $3.5 trillion in… Full Story

Methodist to Mark Groundbreaking of $108 Million Trauma and Critical Care Tower

On the 11 anniversary of 9/11, Dallas Mayor Mike Rawlings, Dallas Fire-Rescue Chief Louie Bright III, and Police Chief David O. Brown will mark the ground-breaking of a new $108 million Charles A. Sammons Trauma and Critical Care Tower at Methodist Dallas Medical Center. Slated to open in 2014, the six-story, 248,000-square-foot facility will be dedicated solely to emergency and trauma care. Click here for a construction timeline for the project. Click here for an update on other medical real estate developments under way in North Texas.

Morning Rounds (08.31.12)

The Dallas office of Duke Realty is working with Scott & White Healthcare to develop two medical office buildings in Texas.

A local CEO is one of 10 contenders for Modern Healthcare’s national Community Leadership Award. Find out who.

The CDC deems aerial spraying in Dallas County a success, with the percentage of disease-carrying mosquitos dropping dramatically after the first two sprays.

The Affordable Care Act began giving women free preventative care Aug. 1. However, because of some exemptions, it has become difficult for doctors to correctly bill patients. See how some doctors are dealing with the issue. Full Story

Duke Realty to Build Two Medical Office Buildings for Scott & White

Duke Realty’s Dallas office is moving forward with the construction of two medical office buildings in Texas for Scott & White Healthcare, the largest multi-specialty physician group in the state. The projects, under way in College Station and Marble Falls, will be fully leased by Scott & White for its employed physicians and clinical outpatient services. The College Station clinic will be a four-story, 120,000-square-foot building on the campus of a prospective143-bed acute care hospital. It will include obstetrics/gynecology services, general surgery, orthopedic surgery, expanded rehabilitation and therapy services, and a comprehensive sleep center. The College Station Medical Clinic and… Full Story

Designing the Right Decisions

Designing the right decisions starts with the right tools. When the right decisions are made at the first opportunity, time and money are conserved. Nowhere is this seen more clearly than in design and construction. In the built environment, decisions have long-lasting impact. In the healthcare environment, they can impact patient satisfaction, staff productivity, and business success. Professionals design effective decision trees for clients and organizations because mistakes are costly. Architects, engineers, and construction professionals are called upon by owners to provide tools to aid in making the crucial decisions to support the business case for a project. The demands… Full Story

Accolades (08.27.12)

PEOPLE Dr. Andrew Masica to be honored as Dallas-Fort Worth Hospital Council’s “Young Healthcare Executive of the Year.” COMPANIES Brinkley Sargent Architects has won a 2012  IIDA Healthcare Interior Design award. Baylor Jack and Jane Hamilton Heart and Vascular Hospital has been recognized as part of the American Nurses Credentialing Center’s Magnet Recognition Program. HealthCare ConsultLink in Fort Worth was given the Associate Member Award from Texas Association for Home Care. Methodist Richardson has won the Tech Titans Technology Adopter Award. Children’s Medical Center’s pediatric Nephrology department one of the top 10 in the country by U.S. News & World Report.… Full Story

Update on DFW Healthcare Projects

For better or worse, as healthcare consumers we expect the best. We don’t want to walk into an old hospital or physician’s office. For one, we want the best available technology. Second, we expect the best doctors and the best doctors want the best facilities. This controversial issue as related to the cost of care is about driving the business forward for many hospitals. Dallas-Fort Worth is no exception. From 2005 to 2015, more than $5 billion in healthcare industry construction projects have been or will be completed. These projects directly and indirectly employ thousands of people, from architects, lawyers,… Full Story

$120 Million Expansion Approved for Methodist Richardson; Will Add 125-Bed Hospital

Methodist Health System’s board of directors has approved a $120 million expansion that will add a 266,250-square-foot acute care hospital at Methodist Richardson. The 125-bed hospital is slated to open in the fall of 2014 at the southeast corner of Renner Road and State Highway 190. The site, which is known as Methodist Richardson—Bush/Renner, already is home to a medical office building and outpatient hospital, as well as a cancer center that opened in October 2008. Methodist Richardson has a second campus at Campbell Road. “This hospital has served Richardson and the surrounding area with compassionate quality health care at its… Full Story

Economic Impact of Healthcare in DFW

We all interact with the healthcare system. Individuals stop in at their doctor’s office for an annual physical or visit the pharmacy for a prescription refill. Business executives calculate and deduct the cost of care for employees from their budgets. And for more than 600,000 people in the North Texas region, interacting with the healthcare system means going to work each day to provide care and products for the region’s 6.5 million residents. Healthcare is a big business in North Texas. The industry makes up about 15 percent of the local economy—some $52 billion in gross metro product is created… Full Story

The Power of Evidence-based Design

This past fall I was fortunate enough to take (and pass, whew …) the Evidence-Based Design Accreditation and Certification (EDAC) exam. One of the things I learned from that experience was the whole concept of the “business case”—using empirical evidence to prove why something is worthy to be considered in a particular design. For example, there are a number of current concepts in the healthcare world that some may consider nice to have, but when push comes to shove, they are eliminated from the project in favor of more basic budget needs. Some of these concepts include positive distractions, such… Full Story