Caddis has promoted Zee Jennings to Senior Manager of Investor Relations from his current role as the Manager of Senior Living. He will oversee fundraising and communication with institutional and individual investors in his new role. Jennings brings experience in asset management, property management, development, acquisition, finance and investor relations to his role, and he has been with Caddis for four years. Prior to Caddis, he was the Vice President of a senior living management company where he provided general oversight among other responsibilities. Jason L. Signor, CEO of the Dallas-based national healthcare real estate firm, notes, “Zee has made many… Full Story
By self-insuring our healthcare benefits, our small company is able to save 20 to 30 percent annually on healthcare costs. Our firm consists of 63 employees, most of whom rely on us for their healthcare insurance. Outside of payroll expense, healthcare insurance was our second largest expense as a company. From 2014 to 2018, our health insurance premiums increased 67 percent (or 17 percent on average per year). The cost of our single employee’s PPO election increased from $380 to $805 per month and our High Deductible Plan increased from $409 to $627 per month. The only reason the high… Full Story
Providers, health plans, and pharmacies are uniting into single entities while evidence shows that investing upstream with primary care improves quality and reduces healthcare costs. In a battle against ever increasing premiums, employers are looking at ways to spend less on healthcare, with more and more moving to self-funded plans, educating their employees about how their choices impact everyone’s cost, and redesigning their pharmacy benefit plans for up to 50 percent savings. These are just a few of the insights shared during the D CEO 2019 Healthcare Roundtable, a sponsored discussion from the July issue with North Texas Healthcare leaders.… Full Story
Like most Americans, I am worried about the rising cost of healthcare, but the terrible news is that the real healthcare cost problem hasn’t even arrived yet. And like many people, I’m tired of our health insurance premiums going up. As a business owner, for the last few years I’ve had to make the tough decision of raising premiums on our employees, increasing deductibles, or having our company absorb the increase. Unfortunately, our company’s health premiums have gone up an average of 17% each of the last four years while maintaining the same benefit plan. A 87% increase in insurance… Full Story
Tami Cumings will join Caddis as vice president of senior living and will lead the operations of the firm’s Heartis senior living brand. Cumings has 25 years in the independent living, assisted living, and memory care industry. Caddis is a Dallas-based real estate development, management, and investment firm that focuses on healthcare real estate. Prior to joining Caddis, Cumings was the senior vice president of sales and marketing for the Arbor Company. She has also held leadership positions at Sunrise Senior Living, US Memory Care, A Place for Mom, and Assisted Living Concepts. “We’re thrilled to have Tami Cumings join Caddis,” said Jason… Full Story
Caddis, a Dallas-based national healthcare real estate firm, broke ground on the Frisco Medical Pavilion this month. The 34,650 square foot, multi-tenant facility is expected to be complete next summer. Located near the Texas Health Hospital in Frisco and will be anchored by the Texas Health Physicians Group internal medicine clinic. The general contractor will be Richardson-based Novel Builders, and the architect is Dallas-based Corgan. “The new clinic will be highly visible and easily accessible from the Dallas North Tollway and will have abundant parking,” said Jud Jacobs, Caddis executive vice president of development and partner, via release. “We believe this project will… Full Story
Caddis, a Dallas-based healthcare real estate firm, announced that Christine Gorham has been selected president-elect for 2019 and 2020 of the Commercial Real Estate Women Network. Gorham, Caddis’ director of its southeast region, will help lead the CREW network as it works toward transforming commercial real estate and advance women in their field. Gorham has worked in the medical operations field for 29 years and in healthcare real estate for 18 years. “CREW Network has been in operation almost 30 years and has 11,000 members in the United States, Canada and the United Kingdom with expansion plans underway. It’s an honor… Full Story
Dallas-based Caddis Healthcare Real Estate had its biggest month in history in January, closing on $78 million in new acquisitions and developments. Caddis does senior housing and is a national acquirer of healthcare real estate. A good portion of the activity is right here in the Lone Star State. In the April issue of D CEO, Kerry Curry digs into what has become the ninth-largest healthcare developer in the country, according to Modern Healthcare. The story went online this week—find it here.