News&Insights

Engaging MedCraft as Your Owner’s Rep – A Wise Investment

Investing in a highly qualified, skilled owner’s representation can deliver you results. Sioux Center Health engaged MedCraft to manage the development of a flexible, state-of-the-art critical access hospital with the ability to expand inpatient, outpatient, and ambulatory services for future needs. It was the first engagement of many over the past 10+ years, with the most recent a completion of a senior living addition.

“On the first go around, we had to convince ourselves it was ok to spend money for an owner’s representative. With the next project, I don’t think we would have started the project if your team was not available.”

Dale Vander Berg, President Peoples Bank
Former Chairman of Board, Sioux Center Health

We are excited to share how we partnered with HCA Midwest, Menorah Medical Center and their medical staff to make their vision for a new off-campus ambulatory destination a reality. Hear directly from key leadership, physician, and project team members on how they collaborated to make this vision a reality.

Project Address: 13801 Metcalf Avenue, Overland Park, Kansas
Architect – bcDESIGN Group
Contractor – Excel Constructors
Health System – HCA Midwest Health

MedCraft is excited to announce the Yuma Regional Medical Center Foothills Medical Plaza in Yuma, AZ has been selected as a finalist for the 2023 HREI Insights Awards for Best New Medical Office Buildings and Other Outpatient Facilities in the category of 50,000 to 99,999 Square Feet. The HREI awards are dedicated to recognizing excellence in healthcare real estate. MedCraft developed the Medical Plaza with Orcutt Winslow and Haydon Building Corp.

MedCraft is excited to announce the HCA Midwest Health Specialty Center in Overland Park, KS has been selected as a finalist for the 2023 HREI Insights Awards for Best New Medical Office Buildings and Other Outpatient Facilities in the category of 25,000 to 49,999 Square Feet. The HREI awards are dedicated to recognizing excellence in healthcare real estate. MedCraft developed the Specialty Center with bcDESIGNGROUP and Excel Constructors.

Yuma Regional Medical Center Expands Emergency and Specialty Care to the Foothills

Yuma Regional Medical Center (YRMC) set out to expand access to healthcare care services in the Foothills of Yuma Arizona and partnered with MedCraft to develop a new health campus.

MedCraft provided the capital, planning and programming expertise, physician alignment, full-service development and oversight of the project from concept through completion.

The new 58,000-square-foot, two-story facility offers multiple new and expanded services, and is purposefully designed to create an environment where patients can receive a full complement of services in one location. Foothills and East County residents now have immediate access to emergency medicine, full-service imaging, lab, pharmacy, and multi-specialty care.

We remain committed partners to YRMC and are proud to share this project and showcase the power of partnership, excellence, and unwavering dedication to not only our client but the communities we serve.

To provide you with firsthand insights into the power of partnership, excellence, and unwavering dedication – we invite you to hear directly from Trudie Milner, Chief Operating Officer, where she shares her thoughts on what this new facility means to YRMC and collaboration with MedCraft.

Click the image above or the link below to watch the video: https://player.vimeo.com/video/838768051

11351 East South Frontage Road, Yuma, AZ
Yuma Regional Medical Center
Haydon
Orcutt-Winslow

· MedCraft Investment Partners have closed more than $300M in acquisitions
· National presence expanded by 640,000+ additional square feet in 10 states
· On track to meet investment goal of $500M by end of 2023

MINNEAPOLIS, November 8, 2022 – MedCraft Healthcare Real Estate, a full-service
healthcare real estate firm specializing in the financing, delivery, and management of
healthcare facilities, has announced that its investment and capital platform, MedCraft
Investment Partners, has closed on over $300 million in acquisitions consisting of 20
healthcare projects since its inception 15 months ago. Cumulatively, these projects
further expand MedCraft’s national presence spanning more than 640,000 square feet
in 10 states, making MedCraft Investment Partners well on pace to achieve its goal of
investing $500 million by the end of next year.

Seismic Shifts in Healthcare Delivery Models

This milestone further validates the industry trend of increasing investment into
healthcare real estate due to its relative stability and resistance to economic downturns.
As healthcare delivery continues to shift out of hospitals and into ambulatory and other
non-traditional environments, the need for new facilities will only continue to grow.
The American Hospital Association expects seismic shifts in the outpatient care
landscape over the next decade. Forecasts in patient volume changes include a 25%
increase in ambulatory surgery centers and a 19% increase in office-based diagnostics,
laboratory testing and imaging. MedCraft is uniquely positioned to further capitalize on
this trend because of its deep healthcare knowledge and experience, extensive provider
relationships, and proven track record.
“Investing and managing healthcare facilities requires a group of professionals who
understand healthcare real estate and the needs of providers,” said Jon Lewin,
Principal, MedCraft Investment Partners. “That’s what truly makes us different. Our
team focuses on the needs of our healthcare clients and delivers real estate investment
and management solutions that accomplish their long-term goals. It may sound simple,
but getting there requires creativity, flexibility, and tenacity.”

Patient and Provider-Focused Solutions

As evidence of this, MedCraft Investment Partners acquired several significant projects
as long-term holders and partners across the healthcare sector including:

Macomb Professional Building, Detroit Michigan Acquisition
MedCraft Investment Partners recently acquired a medical office building near the
campus of one of its national health system partners in Detroit, Michigan and is making
a significant investment into building systems to improve its functionality as a healthcare
facility and capital for new healthcare programs in the building.

South Bend Orthopaedics, South Bend, Indiana
South Bend Orthopaedics Medical Office Building and Allied Physicians Surgery Center
were owned by the physicians of South Bend Orthopaedics. Recognizing that owning
their real estate was an added burden and expense, they partnered with MedCraft to
acquire their building which provided a capital infusion into the practice and allowed the
physicians more time to focus on their patients.
“As South Bend Orthopaedics continues to build on our tradition of excellence and
providing exceptional patient care, we recognize that owning all of our real estate
comes with an added expense and burden” stated Adelbert Mencias, MD, Physician
President, South Bend Orthopaedics. “By selling our South Bend location to MedCraft,
it allows us to free-up our capital and infuse it back into our operations and equipment
so that we can continue to provide state-of-the-art care to our patients, in a costeffective
outpatient setting. We chose MedCraft because of their expertise and
partnership approach. MedCraft is different, they do what they say they are going to do.”

About MedCraft

MedCraft Healthcare Real Estate is a full-service healthcare real estate firm that
specializes in advisory, development, and financing services to health systems and
providers. MedCraft has delivered, financed and acquired more than 125 projects
totaling $7 billion throughout their 39-year operating history.

Media Contact:
Staci Rubenstein
Outlook Marketing Services
staci@outlookmarketingsrv.com
847.549.0712

This whitepaper highlights the many benefits of engaging MedCraft’s multidisciplinary team and our outcomes driven planning process. We have embedded some case studies and medical staff insights to shed light on our process and our results. Click here.

MedCraft welcomes Nicole Erickson to our Minneapolis office as a Project Manager. She will be responsible for managing complex healthcare projects of all size in the upper Midwest region. Nicole has a Master’s degree in Project Management from St. Mary’s University and a Bachelor of Science Degree in Facility Management with a minor in Business and Interior Design from North Dakota State University. We are thrilled to have Nicole join our team.

Newsweek’s Best Surgery Centers 2023 features multiple MedCraft developed and owned Surgery Centers. We are proud to have partnered with these nationally recognized health systems and providers including: M Health Fairview Minnesota, Virtua Health New Jersey, SSM Health Missouri, Twin Cities Orthopedics Minnesota. Check out the complete list of Newsweek’s Best Surgery Center’s here.

MedCraft recently completed development of the Rincon Surgery Center in partnership with Tucson Health and its physician investors. The new state-of-the-art 17,000 square-foot ambulatory surgery center houses four operating rooms with expansion capabilities for an additional two operating rooms in the future. “Providing high-quality, accessible surgical care to our patients has been a driving force behind bringing this facility to fruition,” said Dr. Derrick Johnston, chairman of the board and pediatric urologist. “Through this joint venture, we can enhance our ability to provide same-day surgical services and perform increasingly more complicated procedures in an outpatient setting, which benefits our patients with significant cost savings and increased convenience and comfort.”

Thank you to our project teams Kraus-Anderson, Orcutt Winslow, Stryker, Belimed, PICOR