HealthPartners Opens $36M Mental Health Building at Regions Hospital
- Dec 17, 2012
By Gabriel Circiog, Associate Editor
HealthPartners recently announced the opening of a new mental health building at Regions Hospital. The new eight-story facility will replace the existing inpatient facility on its St. Paul campus.
“Regions Hospital is a place of hope and healing, and we continue to make investments that reflect the needs of the community,” said Brock Nelson, president & CEO of the hospital. “This project is more than a building. It’s about providing our patients and their families care in an environment that is equal to the level of care we provide for other illnesses.”
The new $36 million building is specifically designed to care for patients with mental illnesses and features 100 private rooms, with the possibility to add 20 more, close to double the size of the previous space. The construction process lasted 18 months and factored in the input of former patients and family members in the design and the way care is provided. The facility is the largest private investment in mental health in state history.
“The care we provide will play an important part in our patients’ road to recovery, but we know it is just one part of the journey,” said Mary Brainerd, president & CEO of HealthPartners. “Together with the HealthPartners Clinics and community-based resources, we can provide patients with the right level of care throughout their treatment.”
In other healthcare real estate news, Sabra Health Care REIT Inc. acquired an 87-bed skilled nursing facility in Minneapolis known as Camden Care Center for $7.2 million. At the same time, Sabra Health Care signed a 15-year triple-net lease with Trinity Health Systems L.L.C. for the property. The initial yield on cash rent is expected to be 10 percent, with $0.9 million in annual lease revenues.
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Photo Courtesy of: www.regionshospital.com