Las Vegas-based Mountain's Edge Hospital is expanding to add an orthopedic surgery center, Las Vegas Business Press reports.
Here are six insights:
1. The Mountain's Edge Hospital Orthopedic Surgery Center expansion project will include 19,135 square feet of renovations. It will add a surgical suite, five operating rooms and material management, preoperative and recovery suites.
2. The project is slated for completion in March 2019. Mountain's Edge, which opened in 2015, always planned to build the surgery center, according to CEO Melissa War.
3. Construction costs $7 million, plus an additional $4 million with equipment.
4. Nigro Construction President Michael Nigro told Las Vegas Business Journal he has seen a surge in medical facility projects in the area. He said his company sees more interest in tenant improvements and converting procedure rooms into surgery centers than it did a year ago.
"What I am seeing on my end is a lot of doctor groups coming together to build 5,000-square-foot to 10,000-square-foot facilities," Mr. Nigro said. "Our medical business is up about 30 to 40 percent from a year ago."
5. Nigro Construction is also renovating a 6,000-square-foot obstetrics and gynecology practice and working on a renovation for Las Vegas-based Gastroenterology Associates, which operates an onsite surgical center.
6. Senior sales associates with CBRE said they've observed consolidation among physicians, who then look for space. One national physician group is reportedly in the hunt for a Las Vegas surgery center and might build one because existing ones don't fit the group's needs.
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