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Moffitt Cancer Center To Open $400 Million Inpatient Surgical Hospital

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Moffitt Cancer Center, one of 54 National Cancer Institute-designated comprehensive cancer centers, is opening the doors to its $400 million inpatient surgical hospital in Tampa, Moffitt McKinley, which it expects will accommodate a 63% increase in patient volume and a 33% rise in cancer surgeries over the next 10 years.

Construction began in 2020 with design plans entailing a hospital that could treat all types of cancer and provide surgery for solid tumors. The design was based on feedback from more than 170 stakeholders, including physicians, nurses, lab personnel, pharmacy staff, hospital leaders, administrators, patients, and families.

The 10-story facility is 498,000 square feet and is made up of 19 operating suites, 128 inpatient rooms, and 72 perioperative rooms. It also has an intraoperative MR suite, a diagnostic CT scanner, and two nuclear medicine cameras. The hospital will start with 80 available inpatient beds but can expand to 400 in the future.

“We are significantly increasing our capacity to help more patients and save so many lives here. We’re expanding all over so we can bring therapies closer to our patients and perform life-saving research that will give them even better hope for tomorrow,” said Moffitt president and CEO Dr. Patrick Hwu in a statement.

The new MR scanner provides doctors with real-time views of the patient on the operating table and does not require the patient to be moved to another room for scanning, according to WUSF Public Media.

“Everyone clears the room and an MR scanner comes in from [another] room on a track and comes over and looks to see if we got the whole tumor. If not, the surgeon will take more of a margin,” said Hwu.

Each patient room is 350 square feet and includes virtual whiteboards and flat-screen TVs, foldout sofas and recliners, and technology that identifies each team member that enters. The hospital also has a 26,000-square-foot central utility plant, a three-story parking garage, and a pedestrian bridge that connects it to the Richard M. Schulze Family Foundation Outpatient Center.

In addition to this project, Moffitt Cancer Center broke ground back in January on the construction of its 775-acre Pasco County campus, Speros Florida, which will include 140 buildings for clinics, research, housing, and more. It is expected to start seeing patients in 2025.

For Moffitt McKinley, it partnered with Barr & Barr Inc., Hammes Company, HDR, Horus Construction Services Inc., Walter P. Moore, and Ardurra Group Inc.

The hospital held a ribbon-cutting event on June 21. Its first surgical case is scheduled for July 31. 

 

Source: HealthCareBusiness News

Montecito Medical Acquires Nashville-Area Oncology Facility

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Montecito Medical, a leading acquirer of medical office properties nationwide, has partnered with Sable Investments to acquire a medical facility in Franklin, Tennessee, that is home to one of the most advanced cancer treatment devices in the nation.

The Tennessee Oncology Proton Center, which represents a total of approximately 45,000 square feet, is 100% occupied by Tennessee Oncology under long-term lease.

“We are thrilled to acquire this highly specialized medical real estate asset that is an important center for the delivery of cancer care in Middle Tennessee,” said Bryan Brown, Senior Vice President of Acquisitions at Montecito Medical.

Proton therapy is an advanced form of radiation therapy that uses protons, or positively charged particles, to precisely target and treat cancerous tumors. This innovative treatment offers numerous benefits, including minimal damage to surrounding healthy tissue and fewer side effects.

OneOncology, the national platform partner of Tennessee Oncology, coordinated the relationship between Montecito Medical, Sable Investments, and Tennessee Oncology. Sable Investments and Montecito Medical principals include J.L. Holloway and Greg Merriman.

“Expanding services across the continuum of care is a core OneOncology strategy that helps our partner practices continually innovate and deliver cutting-edge care to their patients,” said Jeff Patton, MD, CEO of OneOncology and Chairman of Tennessee Oncology. “We’re proud to play a role to ensure patients have access to proton therapy in our community.”

Tennessee Oncology is a nationally recognized team of cancer care specialists and one of the country’s largest, physician-owned, community oncology practices. The group’s comprehensive range of cancer care services includes specialized oncology nursing care, laboratory services, pharmacy, outpatient chemotherapy, radiation therapy, PET/CT services, palliative care, patient and family education and financial support services. Founded in 1976, Tennessee Oncology serves adult cancer patients from South Central Kentucky through Middle Tennessee to Northwest Georgia.

“It is exciting for us to expand our presence in our headquarters’ state, especially when the providers at this property care for some of our neighbors in the Nashville area,” said Chip Conk, CEO of Montecito Medical.

 

Source: Benzinga

Community Health Systems To Sell Three Hospitals In Florida For $280 Million

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Community Health Systems has signed a deal to sell three of its hospitals in Florida for $280 million in cash.

The provider of healthcare and outpatient services said it will sell facilities in Brooksville, Crystal River and Spring Hill, along with their associated assets, to Tampa General Hospital and some of its affiliates.

The $280 million cash consideration doesn’t include anticipated purchase price adjustments for net working capital as well as capital leases assumed by the buyer. Including those figures, the cash consolidation is closer to about $290 million.

The deal is expected to close later this year.

Shares advanced 6% to $4.69 in after-hours trading.

 

Source: Market Watch