Baylor Health Care System (now Baylor Scott & White Health) needed a fast and effective way to extend the presence of its affiliated physician group practice, HealthTexas Provider Network (HTPN), in the rapidly growing and competitive Dallas-Fort Worth Metroplex. In just over two years, HealthCap identified sites and developed a network of six new attractive, easily accessible and cost-effective HTPN-anchored neighborhood outpatient facilities in targeted emerging DFW suburban markets.

healthtexas.com

Bon Secours Kentucky Health System (BSKHS) is a faith-based nonprofit health system serving northeast Kentucky and portions of West Virginia and Ohio. HealthCap acquired an off-campus primary care clinic located 25 miles from its main campus in Grayson, KY, a key rural feeder market for BSKHS. Post-acquisition, HealthCap facilitated the completion of a 7-room expansion that increased the busy clinic’s capacity by roughly 30%.   

bonsecours.com

Carson Tahoe Health (CTH) is a market-leading non-profit health system providing a full spectrum of healthcare services to residents of northern Nevada. Upon completing a new replacement hospital campus, CTH engaged HealthCap to acquire and redevelop its 168,000 square foot legacy hospital campus, allowing it to retire associated bonds. The Specialty Medical Center is now utilized for the Carson Tahoe Continuing Care Hospital, various outpatient services such as imaging and lab, a wound care clinic, and behavioral health services.

carsontahoe.com

Circleville Medical Mall was a 20,000 square foot neighborhood strip center acquired by HealthCap and located adjacent to one of the primary grocery-anchored shopping centers in the outlying Columbus, Ohio bedroom community. With an adjacent development pad offering the opportunity for future expansion, HealthCap successfully achieved 100% investment grade hospital tenancy at the property consisting of an Adena Health family medicine clinic and an OhioHealth orthopedic and sports medicine clinic.

GlobalRehab was a for-profit, best-in-class operator of inpatient rehabilitation hospitals that consistently delivered above-average outcomes for the patients it served. HealthCap partnered with GlobalRehab to provide off-balance sheet financing and turnkey development services for three new hospitals in Dallas, San Antonio and Scottsdale when the company was in early-stage development of its operating platform.
  Select Medical (NYSE:SEM) acquired GlobalRehab in 2013.

honorhealth-rehab.com

Prisma Health’s Eastside Cancer Institute was originally built by a private oncology practice in Greenville, South Carolina that later merged with Prisma Health. The associated physician owners selected HealthCap to purchase the 30,000 square foot medical and radiation oncology building, providing them with an attractive liquidity event and an experienced healthcare real estate partner as their go-forward landlord. HealthCap subsequently acquired several other Prisma Health-leased outpatient clinics throughout the Greenville-Spartanburg area.

prismahealth.org

Lee Health is one of the largest nonprofit public health systems in Florida. HealthCap acquired an off-campus medical office building located between Lee Health’s four area acute care hospitals and situated along a major east-west corridor connecting Fort Myers and Cape Coral.  Post-acquisition, HealthCap worked with hospital leadership to renew and expand its occupancy to 100% of the building in conjunction with a building branding and cosmetic upgrade program.

leehealth.org

NeuroRestorative (formerly Care Meridian) is a for-profit operator of subacute rehabilitation and long-term care facilities for patients suffering from traumatic brain and/or spinal cord injury and other medically complex injuries. NeuroRestorative’s facilities offer comprehensive rehabilitation options, cutting-edge services and a 1:4 staff-to-patient ratio. HealthCap has provided programmatic site selection, off-balance-sheet financing and turn-key development services for facilities located throughout Arizona, California, Colorado, Nevada and Texas.

neurorestorative.com

North Central Medical Center is a 240,000 square foot, six-story multi-tenant medical office building located along North Central Expressway in Dallas, Texas. The complex is anchored by the W.B. Carrell Clinic, an 80-year old private orthopedic practice, and the North Central Surgery Center, a 10-operating room joint venture between United Surgical Partners, Baylor Health Care System and local surgeons. HealthCap developed the project in two phases.

northcentralmedicalcenter.com

Reliant Hospital Partners was a national for-profit operator of inpatient rehabilitation hospitals that provided the highest level of medical care to its patients and produced outcomes that were consistently well above average. HealthCap provided off-balance sheet financing and turnkey development services for two new 60-bed hospitals in Dallas and Houston during the growth-stage of Reliant’s business. HealthSouth Corporation (NYSE: HLS) acquired Reliant in October 2015.

relianthcp.com

HealthCap provided start-up capital for Urgent Care for Kids, a Texas-based company originally established to provide pediatric after-hours urgent care.  Operating today as Goodside Health, its platform has grown to include 13 Urgent Care for Kids centers located across Texas; its SchoolMed telehealth program that is serving 45 school districts; and a remote testing business serving The Big 12, Conference USA and numerous other collegiate bodies.

goodsidehealth.com