Post by RusskyHoya on Jul 28, 2013 22:33:25 GMT -5
As I've mentioned before, MedStar's intent with respect to the Medical Center remains the single greatest uncertainty I see in terms of long term planning. I've heard completely opposite responses: they hate the location and want to build a big, shiny new campus out in a greenfield somewhere to compete with Inova... or they like the location just fine and have no plans to move and would love to expand over North Kehoe and Lot A and other areas.
In light of that, this seems like an interesting and relevant development...
MedStar moving pediatrics, obstetrics off Georgetown campus
MedStar Georgetown University Hospital is relocating a key division away from its primary campus, signing a lease for its pediatrics and some women's health services in Tenleytown.
The hospital, which is dealing with a growing space dilemma at the crowded Georgetown campus, will open a new clinic at 4200 Wisconsin Ave. on Sept. 3, according to its website.
"They wanted a more convenient place to take children, because the Georgetown campus can get crowded," said Paul DeFilippes, principal of Summit Commercial Real Estate and MedStar's broker in the deal. American University owns the building.
Services planned for the roughly 25,000-square-foot office space include general pediatricians, numerous children's specialties and a range of services for pregnant women. On its website, MedStar emphasizes that physicians at the relocated practice will still work closely with the hospital. There will not be surgeries on site, DeFilippes said.
MedStar and competitor Johns Hopkins Medicine, as well as newer providers owned by Walgreen Co. and CVS Caremark, have all targeted the wealthier neighborhoods in upper northwest D.C. and southern Montgomery County for expansion in recent years. The market boasts a particularly attractive combination of well-insured patients and a relative lack of medical providers.
"They certainly have a patient base in upper northwest, and inside the Beltway in Montgomery County," DeFilppes said. "A lot of their employees are Red Line employees."
In light of that, this seems like an interesting and relevant development...
MedStar moving pediatrics, obstetrics off Georgetown campus
MedStar Georgetown University Hospital is relocating a key division away from its primary campus, signing a lease for its pediatrics and some women's health services in Tenleytown.
The hospital, which is dealing with a growing space dilemma at the crowded Georgetown campus, will open a new clinic at 4200 Wisconsin Ave. on Sept. 3, according to its website.
"They wanted a more convenient place to take children, because the Georgetown campus can get crowded," said Paul DeFilippes, principal of Summit Commercial Real Estate and MedStar's broker in the deal. American University owns the building.
Services planned for the roughly 25,000-square-foot office space include general pediatricians, numerous children's specialties and a range of services for pregnant women. On its website, MedStar emphasizes that physicians at the relocated practice will still work closely with the hospital. There will not be surgeries on site, DeFilippes said.
MedStar and competitor Johns Hopkins Medicine, as well as newer providers owned by Walgreen Co. and CVS Caremark, have all targeted the wealthier neighborhoods in upper northwest D.C. and southern Montgomery County for expansion in recent years. The market boasts a particularly attractive combination of well-insured patients and a relative lack of medical providers.
"They certainly have a patient base in upper northwest, and inside the Beltway in Montgomery County," DeFilppes said. "A lot of their employees are Red Line employees."