Terrace Park Professional Center is a state-of-the-art 60,000-square-foot medical office building; the four-year-old, three-story Class A property was custom designed to meet individual practice requirements and promote operational efficiency on the hospital campus of Trinity Regional Health Systems. RM Crowe Chief Investment Officer H. Dodd Crutcher says the acquisition is indicative of the types of properties the company is considering.
“We see high-quality medical office space, both on-campus and off-campus, as a real growth area for RM Crowe,” says Mr. Crutcher. “Its a segment of the overall real estate market that has great appeal to us and we plan on aggressively pursuing good opportunities in this space.”
RM Crowe is also investing in certain operating companies within the healthcare arena. RMC MedStone, a fully owned subsidiary of Dallas-based RM Crowe, is looking for opportunities to acquire exceptional ambulatory surgery centers and small surgical hospitals, in partnership with physicians. The RMC MedStone model is to acquire an appropriate percentage of each facility and to manage the operations and growth of the facilities’ caseloads and profitability by providing a comprehensive program of operations, management, compliance, financial and clinical support services. In addition to increasing efficiencies and growth, RMC MedStone will lead the conversion process — resulting in dramatic increases in services offered and bottom-line profitability — for ASCs that have matured to the point where providing hospital services is appropriate.
Learn more about RMC MedStone.
