Archive for Wednesday, March 4, 2009

Archive for Wednesday, March 4, 2009

TMH researches medical office building

March 4, 2009

Advertisement

The Memorial Hospital is exploring the addition of a medical office building to its new hospital site under construction in west Craig.

At its meeting last week, TMH board members unanimously approved, 7-0, hiring Greystone Brokerage & Development, a Franklin, Tenn., firm, for a medical office building feasibility study.

The study, which will begin in coming weeks, will make recommendations to hospital officials on size and scope of a proposed building, location on the new campus site, ownership options, development structure, lease rates and terms, and a timeline for development.

Once it begins, the study will take 30 to 60 days to complete, said George Rohrich, TMH chief executive officer.

No tax dollars would be used for the building's construction, TMH officials said.

The study was not put out to bid, Rohrich said.

However, Greystone came with several strong references, he said, including one from a CEO in Cody, Wyo., where the company performed a similar study for West Park Hospital.

Greystone then was hired to provide leasing, design, construction management, financing consultation and project coordination services for West Park Hospital's 62,000 square-foot medical office building. That building is under construction and slated for a spring completion.

A medical office building is a desired addition to the TMH campus, Rohrich said, but TMH officials can't know whether the building is possible without the study.

"We know we want an MOB," he said. But "until we get better analysis, we're just spinning our wheels."

Some area physicians have expressed interest in relocating to a medical office building, if one was built at or near the new hospital, Rohrich said.

Greystone's study will include meetings with local people - physicians, practice managers, TMH administrators and real estate agents, among others - with a stake in any potential medical office building.

"They'll meet with all of the players involved in this," said Samantha Johnston, TMH service excellence officer.

Advertisement

Advertisement

Advertisement

Advertisement

This site is best viewed with Spreadfirefox Affiliate Button or the latest version of Internet Explorer