SAN ANTONIO, Texas, June 30, 2019 – The densely populated and fast-growing southwest San Antonio community will soon have a convenient alternative for emergency and inpatient care.
Baptist Health System is developing an 17,853-square-foot Baptist Emergency Hospital at 806 Cupples Road, near the intersection of Cupples and U.S. Highway 90 (Cielo Rodriguez Freeway).
The new Baptist Emergency Hospital will consist of an eight-bed Emergency Department with imaging and lab capabilities, along with a five-room “fast track” department and waiting area for patients with non-critical medical issues. The hospital will also have eight inpatient beds for patients who require admission.
The hospital is a joint venture between Baptist Health System and Emerus. Baptist leads the market in the number of emergency locations in the San Antonio area. Texas-based Emerus, which will operate the facility, is the nation’s largest operator of micro-hospitals.
“The southwest San Antonio area is a strategic growth zone for Baptist,” said Matt Stone, CEO of Baptist Health System. “The new emergency hospital will bring much-needed emergency care services to this part of our community.”
The new facility will be Baptist’s eighth emergency hospital in the San Antonio metro area.
“The strategic placement of this Baptist Emergency Hospital allows us to expand in a growing area where access to our convenient and quality health care services are in high demand,” said Dudley Carpenter Emerus’ Senior Vice President of Real Estate. “The facility extends Baptist’s reach to the southwest San Antonio area, home to many of its existing patients, providing them an easy alternative to our other locations in the region.”
Health care real estate investment firm Seavest Healthcare Properties LLC is developing the hospital in partnership with the Houston office of Trammell Crow Company. “The population of the area within a five-mile radius of this new Baptist Emergency Hospital is projected to increase by nearly 8 percent during the next five years,” notes Jonathan Winer, Senior Managing Director and Chief Investment Officer of Seavest Healthcare Properties. “Seavest is excited to bring this important strategic health care development, with its convenient services, to this growing area. In light of the proven success of the emergency hospital concept throughout the San Antonio/New Braunfels region during the past several years, we are convinced that this development will satisfy a critical need for area residents.”
“Trammell Crow is pleased to join with Seavest to meet the needs of Baptist Health’s growing patient base and other potential patients who need convenient access to quality health care in the San Antonio,” says Davis Griffin, Principal, Trammell Crow Company. “It is fulfilling to bring strategic and efficient health care projects to areas that need them most.”
“Construction of the San Antonio project commenced in January 2019, with completion anticipated by early 2020.”
Posted on San Antonio Business Journal
About Baptist Health System
Baptist Health System is a trusted provider of hospital, health and wellness services in San Antonio and South Texas. The System includes six acute-care hospitals (Baptist Medical Center, Mission Trail Baptist Hospital, North Central Baptist Hospital, Northeast Baptist Hospital and St. Luke’s Baptist Hospital) in San Antonio, and Resolute Health Hospital in New Braunfels, which offer more than 1,700 licensed beds. The hospitals have Accredited Chest Pain, Comprehensive and Primary Stroke Center Certifications. The system also includes the Baptist Orthopedic Hospital, Baptist Children’s Hospital at North Central Baptist, Baptist Network for Cancer Care and HealthLink fitness and physical rehabilitation centers. Other entities include seven MedPost Urgent Care Centers, seven freestanding Baptist Emergency Hospitals, Baptist Physician Network, Baptist M&S Imaging Centers, ambulatory services, medical office buildings and the Baptist School of Health Professions. The system is part of Tenet Healthcare, based out of Dallas, Texas.
Emerus’ revolutionary model of medical care provides patients in underserved areas greatly improved access to emergency services. Through its partnership with Emerus, the Baptist Health System has seven Baptist Emergency Hospitals in San Antonio, and it is one of the key anchors of the city’s multibillion-dollar health and biosciences industry. The partnership has enabled Baptist to have a greater presence in the region and provide important new access points to care in a city that has experienced tremendous growth over the last several years.
About Seavest Healthcare Properties LLC
Seavest Healthcare Properties LLC is a real estate investment manager focused on the medical office and outpatient facility sector. The firm acquires existing properties, joint ventures with established developers to build new properties, and asset manages medical office buildings, outpatient facilities and similar healthcare real estate assets. A pioneer in this sector, Seavest made its first healthcare real estate investment in the mid-1980s. Today, the firm has a significant portfolio of medical office and outpatient properties located throughout the United States. For more information, please visit www.SeavestHCP.comor call (914) 683-8474.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of Sept. 30, 2018, TCC had $8.8 billion of projects in process and $3.6 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development or providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). For more information, visit TrammellCrow.com.