E x c l u s i v E
Offering Memorandum for
Atlanta, GA 30342
01
EXECUTIVE SUMMARY
02 PROPERTY OVERVIEW
Stacking Plan
Space Plans
Area Map
Aerial Map
03 MARKET OVERVIEW
Market Overview
Hosptial/Health System Overview
Area Medical Spending
Todd Perman, CCIM
Executive Managing Director
Global Healthcare Services
Direct: 404. 806.2510 tperman@ngkf.com
RE License # 266577
Dana Hamric
Associate Director
Global Healthcare Services
Direct: 404.806.2513
dhamric@ngkf.com
RE License # 258526
Chris Witcher
Associate
Global Healthcare Services
Direct: 770.552.2478
cwitcher@ngkf.com
RE License #330015
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
The Global Healthcare Services team with Newmark Grubb Knight Frank is proud to present Peachtree Dunwoody Medical Center for lease. Completed in 1987 and consistently renovated and upgraded throughout the 23 years of ownership by NAPC, Peachtree
Dunwoody Medical Center (“PDMC”) is a Class “A”, six-story, 131,461 rentable square foot, multi-tenant medical office building that is the premier location of choice for independtly minded providers in the Greater Atlanta area.
PDMC is the only medical office building, of its quality, that is not subject to hospital related use restrictions that exclude certain uses or competing healthcare providers. The lack of use restrictions provides the tenants of PDMC with maximum flexibility by having the ability to build their own ancillary services, such as outpatient surgery centers and imaging centers, bringing additional sources of revenue, services and convenience to the tenants and their patients.
Highlights
Competitive value-driven lease rates
On-site management office
24/7 security
Valet parking
Uncongested access to I-285 and GA 400 via the Glenridge Connector
Private parking for key administrators and physicians
On-site pharmacy
On-site deli
A balanced mix of established medical specialties
Abundance of surface and structured parking accommodations
Convenient patient pick-up/drop-off and valet parking for the patients
Attentive, stable ownership
Located within a 1/4 mile of Northside Hospital, Saint Josephs’ Hospital and Children’s
Healthcare of Atlanta, as well as convenient access to I-285 and GA 400, and its proximity to
MARTA’s Medical Center train station.
BUILT-OUT MEDICAL SUITES
AVAILABLE
$29.50 per SF Full Service
Available
Suite 220
Suite 230
Suite 220/230
Suite 370
Suite 380
Suite 370/380
Suite 530
Suite 548
2,500 RSF
1,740 RSF
4,240 RSF
5,855 RSF
5,646 RSF
11,501RSF
1,432 RSF
6,637 RSF
Suite 580
Suite 590
2,495 RSF
5,179 RSF
Suite 530/548/580/590 15,743 RSF
Now
Now
Now
12/31/2015
03/31/2016
03/31/2016
Now
03/31/2016
Now
Now
Now
EXCLUSIVE ADVISORS
TODD PERMAN, CCIM
Executive Managing Director
Global Healthcare Services
Newmark Grubb Knight Frank
404.806.2510 tperman@ngkf.com
DANA HAMRIC
Associate Director
Global Healthcare Services
Newmark Grubb Knight Frank
404.806.2513 dhamric@ngkf.com
CHRIS WITCHER
Associate
Global Healthcare Services
Newmark Grubb Knight Frank
770.552.2478
cwitcher@ngkf.com
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
Total Space Available:
Building Size:
Year Built:
Floor Levels:
Parking:
31,484RSF
131,461 RSF
1992
6
4.5 spaces/1,000 SF
|
Global Healthcare Services 1
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW
5505 Peachtree Dunwoody
Atlanta, GA 30342
03| MARKET OVERVIEW
5
2
SUITE 230
AVAILABLE
1,740 RSF
Sleep
Disorder
Center
PEACHTREE
ORTHOPAEDIC CLINIC
7,303 RSF
SUITE 220
AVAILABLE
2,500 RSF
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
PEACHTREE
ORTHOPAEDIC
CLINIC
363 RSF
PEACHTREE
ORTHOPAEDIC SURGERY
CENTER
Pediatric
Neurology
|
Global Healthcare Services 2
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 3
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW
5505 Peachtree Dunwoody
Atlanta, GA 30342
03| MARKET OVERVIEW
Sleep
OMNI
EYE
NORTHSIDE
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
5 3
SUITE 370
AVAILABLE
5,855 RSF
SUITE 380
AVAILABLE
5,646 RSF
Pediatric
Neurology
|
Global Healthcare Services 4
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 5
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 6
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW
5505 Peachtree Dunwoody
Atlanta, GA 30342
03| MARKET OVERVIEW
5
SUITE 580
AVAILABLE
2,495 RSF
SUITE 548
AVAILABLE
6,637 RSF
Center
SUITE 530
AVAILABLE
1,432 RSF
CAFE
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
SUITE 590
AVAILABLE
5,179 RSF
Pediatric
Neurology
PEDIATRIC
NEUROLOGY
|
Global Healthcare Services 7
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 8
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 9
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 10
01 | EXECUTIVE SUMMARY
5505 Peachtree Dunwoody
Atlanta, GA 30342
02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 11
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
Emory Healthcare
Moody’s Rated Aa2 | 410 Beds
Peachtree Dunwoody Medical Center
5505 Peachtree Dunwoody Rd.
Atlanta, GA
100% Occupied
E
285
5505 Peachtree Dunwoody
Atlanta, GA 30342
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
Moody’s Rated Aa2 | 537 Beds
Moody’s Rated Aa2 | 249 Beds
400
|
Global Healthcare Services 12
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
5505 Peachtree
Dunwoody Road
PDMC Exclusive
Parking Deck
5505 Peachtree Dunwoody
Atlanta, GA 30342
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
|
Global Healthcare Services 13
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW
MARKET OVERVIEW - ATLANTA, GA
Healthcare
As of 2009, there were a total of 9,426 acute care, non-specialty patient beds in the 21-county metropolitan area. Not-for-profit hospitals overwhelmingly dominate for-profit hospitals in terms of how many beds hospitals have. More than 7,800 beds are owned by not-for-profit or hospital-authority facilities as compared to approximately 1,600 beds owned by for-profit entities.
Grady Memorial Hospital, with a total 953 beds, is the largest facility both in the metropolitan area and the state. The other large hospitals serving the metropolitan Atlanta area are: WellStar Kennestone (633 beds), Emory
University Hospital (579 beds), Northside Hospital (537 beds), Children’s
Healthcare of Atlanta (249 beds) located at “Pill Hill” and Emory University
Hospital Midtown (511 beds).
03| MARKET OVERVIEW
For Profit
23%
Ownership of Hospitals in the Metro Area
Nonprofit
37%
Hospital
Authority
Owned
40%
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING
2010 Medical Expenditures
Health Care
Medical Care
Physician Services
Dental Services
Eyecare Services
Lab Tests, X-Rays
Hospital Room and Hospital Service
Convalescent or Nursing Home Care
Other Medical Services
Nonprescription Drugs
Prescription Drugs
Nonprescription Vitamins
Medicare Prescription Drug Premium
Eyeglasses and Contact Lenses
Hearing Aids
Medical Equipment for General Use
Other Medical Supplies
Health Insurance
Blue Cross/Blue Shield
Commercial Health Insurance
Health Maintenance Organization
Medicare Payments
Long Term Care Insurance
Other Health Insurance
3 Mile 5 Mile
$220,382,890 $581,848,135
$106,422,138 $282,090,921
$13,777,290 $37,102,388
$20,357,596 $53,826,153
$3,087,103
$3,152,953
$8,236,746
$1,845,823
$6,511,516
$8,252,079
$8,499,933
$22,428,141
$4,626,517
$17,406,195
$6,136,845
$27,521,065
$3,506,387
$2,794,923
$4,684,321
$1,242,594
$394,298
$3,172,678
$16,428,760
$72,086,397
$9,311,321
$7,050,356
$12,490,305
$3,108,228
$1,064,681
$8,409,465
$113,960,753 $299,757,213
$32,580,496
$22,769,777
$86,212,077
$61,173,959
$21,800,336
$22,876,070
$4,933,137
$9,000,936
$58,705,685
$57,832,577
$12,619,687
$23,213,228
*Source: Esri
|
Global Healthcare Services 14
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
MARKET OVERVIEW - ATLANTA, GA
Economy
Atlanta has a thriving economy and is known for its pro-business climate, due to a combination of factors, including a diverse economy, efficient regional access, excellent quality of life, and a relatively low cost of living. As of March 2012, Atlanta ranks second nationally in job growth. Atlanta had 3.1% job growth between
January 2011 and January 2012, compared with Houston’s 3.7% growth. During the 1990s, Atlanta nearly doubled its employment base and more than doubled its population, outpacing the nation in both categories. With eight major universities,
Atlanta has an exceptionally deep talent pool. Atlanta ranks fourth in the number of Fortune 500 companies headquartered within city boundaries. Several major national and international companies are headquartered in metro Atlanta including four Fortune 100 companies: The Coca-Cola Company, Home Depot, Delta Airlines, and AT&T Mobility.
ATLANTA - MAJOR EMPLOYERS (2009)
3
4
1
2
Delta
Wal-Mart
AT & T
Emory University
25,000
24,243
20,500
10,817
America’s Richest Cities, 1978 and Now
Rank
1
2
15
16
17
18
11
12
13
14
9
10
7
8
5
6
3
4
23
24
25
26
19
20
21
22
27
28
29
30
Real GDP, 1978
$ billion 2010
City
New York
Los Angeles
Chicago
Philadelphia
Houston
Detroit
Washington, DC
San Francisco
Boston
Dallas
Miami
Seattle
Pittsburg
Minneapolis
Atlanta
St. Louis
Cleveland
Baltimore
New Orleans
San Diego
Kansas City
Cincinnati
Denver
Milwaukee
Columbus (OH)
Hartford
San Jose (CA)
Phoenix
Indianapolis
Buffalo
49
48
43
39
39
37
36
943
77
75
72
127
113
69
53
51
49
69
68
66
63
156
149
148
146
307
263
35
35
566
Entered top 30
Dropped top 30
Real GDP, 2010
$ billion 2010
City
New York
Los Angeles
Chicago
Washington, DC
Houston
Dallas
Philadelphia
Boston
San Francisco
Atlanta
Miami
Seattle
Phoenix
Minneapolis
Detroit
San Diego
Baltimore
Denver
Riverside
San Jose (CA)
St. Louis
Tampa
Portland (OR)
Pittsburgh
Orlando
Sacramento
Cleveland
Hartford
Kansas City
Cincinnati
179
173
145
142
132
127
125
102
98
96
95
95
117
117
116
105
236
211
182
181
496
392
341
325
314
296
283
250
732
SOURCE: Moody’s Analytics; McKinsey Global Institute analysis
1,180
Rank risen or declined
15
0
1
5
-9
4
17
7
-5
11
8
-11
26
26
-10
-2
-8
-8
-1
5
0
0
-3
1
3
0
4
0
0
0
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 15
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
MARKET OVERVIEW - ATLANTA, GA
Recent Performance
Atlanta’s economy continues to improve. From January 2011 to January 2012, the metro area had its strongest year of employment growth since 2007. The unemployment rate is now at 8.8% and below the state unemployment rate.
The annual benchmark employment revisions also show that Atlanta had the strongest recovery in Georgia last year with a payroll growth in 2011 of 1.3%.
Most service industries grew more strongly than pre-benchmark surveys had indicated, and some industries such as professional services, healthcare and manufacturing exhibited their strongest expansion since the 1990s.
Housing
The Atlanta housing market is seeing a rise in demand with positive employment figures according to a recent report by Metrostudy, a national housing intelligence and consulting firm that maintains the most extensive primary database on residential construction in the U.S. housing market.
New jobs in Atlanta through March 2012 increased by 27,400 positions.
According to Metrostudy, forecasters are predicting net employment gains in
Atlanta for 2012 above 30,000.
The Atlanta area saw a 38.4% increase in quarterly starts from last year and new home inventory has been depleted in various parts of Atlanta, down 21% year over year and down 83% from four years ago. Housing inventory is down 16% in North Atlanta year over year, and South Atlanta’s inventory is down 33% year over year.
Nationally average home prices have increased by 2.2% in May over April for both the 10- and 20-City Composites. The May index for Atlanta shows a 4%
(non-seasonally adjusted) increase in home values from April 2012, which is very good news. That represents a 6.31% increase in home prices over the past two-month time period. The current Case-Shiller index reflects values similar to home values in the spring of 1998. The May index for Atlanta is 87.85, which is up 4% from April 2012.
The metro Atlanta real estate market continues to show signs of improvement for sellers. Listing inventory is down 37% from June of 2011 and down 49% from
June 2010. There has been an extended period of low inventory since last year.
Buyer activity is strong. In 2012, Trendgraphix reports closed sales are up 26% compared to the same period in 2011. At the same time, the pace of pre-foreclosures
(notices of default) and foreclosures has slowed. For the past three months, RealValuator reports that market sales (re-sales and new homes) have outpaced bank-owned sales.
Debt performance
Though still worse than the U.S., debt performance has improved in Atlanta, which will be a positive as the recovery continues. Among the major types of consumer loans, bankcards and auto loans have had the largest declines in delinquency rates. These rates have dropped because of stricter credit screening and the gradual reduction of household debt, as well as the accumulated write-off of bad balances. As a result, consumers are better able to supplement their cash flow through lower debt payments.
Better debt performance will pave the way for the expansion of household consumption.
Tourism
The national recovery will strengthen tourism in Atlanta, supporting recovery in the hospitality, transportation and retail trade industries. The conference industry is recognized for its service, quality and reasonable prices, and it has proved resilient during the economic downturn. As business spending improves, conference demand will increase. With 80% of the U.S. population within a two-hour flight, Atlanta is one of the more accessible destinations in the country. City authorities are also actively persuading professional associations to keep their meetings in the metro area.
Logistic and transportation
The U.S. recovery and the improving economies of Georgia’s neighbors will create demand for local logistic and transportation services, which will lead the recovery of
Atlanta’s economy. The metro area is one of the largest rail and highway hubs in the
U.S., and cargo from the nearby Port of Savannah is often stored in Atlanta’s suburban warehouses before being dispatched to other states. Also, the area has one of the world’s busiest airports. Better economic conditions will lead to increased passenger traffic.
ATLANTA OFFERS LOWER ELECTRICITY COSTS
Average Utility Costs for Industrial Customers in Cents per kWh
Atlanta
San Antonio
Los Angeles
Washington DC
San Francisco
Dallas
New York
0 5 10 15 20
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 16
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW
03| MARKET OVERVIEW
Atlanta’s retail employment has grown more quickly than that of the state and the U.S. Atlanta’s average household incomes are higher than Georgia’s, allowing for a faster improvement in discretionary spending. Also, as the state’s largest city, Atlanta attracts more visiting shoppers.
Atlanta’s professional services added 26,930 jobs from January 2011 to
January 2012, its largest expansion since 1999. Among this growth is the expansion of PricewaterhouseCoopers, Deloitte, and other consulting firms in Atlanta. Since professional services benefit from the economic gains from other industries, the strong gains in professional services show the economic recovery is sustained and broadening. Also, professional research and technical services have now pulled ahead growth-wise of administrative support services, which bodes well for household income increases and demand for goods and services in the near term.
ATLANTA HIGHLIGHTS
Diverse Economy - Several major national and international companies are headquartered in metro Atlanta including four Fortune 100 companies:
The Coca-Cola Company, Home Depot, Delta Airlines, and AT&T Mobility.
Affordable Housing – The combination of Atlanta’s rising household incomes, sustained economic recovery and affordable housing bodes well for corporate employers and small businesses alike in attracting and retaining talented professionals and workers from within the region and throughout the U.S.
Transportation, Distribution and Cultural Center - Atlanta is home to
Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport by passenger traffic and number of landings and takeoffs since
2005. The metro area is one of the largest rail and highway hubs in the
U.S.
Business-Friendly Environment - As of March of 2012, Atlanta ranks second nationally in job growth.
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 17
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
EMORY HEALTHCARE SYSTEM
Saint Joseph’s Hospital of Atlanta is part of Emory Healthcare, Atlanta’s largest health care system in the state of Georgia with six hospitals totaling over 1,200beds. Hospitals include, Emory University Hospital, Emory University Hospital
Midtown, Emory Johns Creek Hospital, Emory University Orthopaedics &
Spine Hospital, Saint Joseph’s Hospital, and Wesley Woods Geriatric Hospital.
Emory Healthcare is the clinical arm of the Robert W. Woodruff Health Sciences
Center of Emory University, which is supported by the estate of the former longtime Coca-Cola president, Robert W. Woodruff. Moody’s Investor Service upgraded the rating on Emory Healthcare System Revenue Bonds to ‘Aa2’ from
‘A2’ based on a guaranty agreement of Emory University (Dec. 2011).
Emory University is a not-for-profit corporation, headquartered in Atlanta,
Georgia, which owns and operates Emory Healthcare System, education facilities, Clifton Casualty Insurance Company Ltd., and Emory Medical Care
Foundation. The University is also Moody’s rated ‘Aa2’.
EMORY HEALTHCARE SYSTEM
Net Patient Service Revenue
2011
$2 Billion
Medicare
Medicaid
Other
Bed Count
34%
5%
61%
1,200
2010
$1.844 Billion
36%
6%
61%
Emory Healthcare and Saint Joseph’s Health System recently created a strategic partnership in order to “combine two of Atlanta’s oldest, most established and respected centers and enable [Emory Healthcare and Saint
Joseph’s Health System] to expand services, and facilitate broader patient access”(John Fox President & CEO-Emory Healthcare - Jan. 2012).
Saint Joseph’s Health System and Piedmont Healthcare formed a joint operating company in order to better serve the people of North Georgia
(April 2010). “This is an opportunity to leverage our reputation as a leader in clinical excellence and will allow us to expand our mission as a faithbased health system,” said J. Stephen Eaton, Chairman, Saint Joseph’s Health
System Board of Trustees.
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 18
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
NORTHSIDE HEALTHCARE SYSTEM
Northside Healthcare System is a network of three not-for-profit hospitals located in Atlanta including, Northside Hospital of
Atlanta, Forsyth, and Cherokee with a combined total of 753beds. The health system also owns and operates five Northside Hospital-affiliated outpatient centers and medical office buildings throughout North Metro Atlanta. With 700,000 patient visits annually, 1,800 physicians on staff and more than 5,000 employees, Northside is one of Atlanta’s largest healthcare systems and continuing to grow. Northside Healthcare System recently invested over $50 million and added 150 jobs at its Forsyth campus (2010). The “Pill
Hill” campus is the primary campus for the Northside Healthcare System, with 64% of its overall patient revenue generated by this campus. Further, Northside Healthcare System’s Pill Hill campus is known for delivering approximately 2,000 babies per month and is widely accepted as the primary OB/GYN hospital in the region. Once women have their babies at a facility, they tend to continue to bring their family to the hospital for their healthcare needs
CHILDREN’S HEALTHCARE OF ATLANTA
Children’s Healthcare of Atlanta is ranked nationally in 10 pediatric specialties. The health system’s three hospitals, Children’s Healthcare of Atlanta at Egleston, Hughes Spalding, and
Scottish Rite consist of approximately 520 beds and treat more than 740,000 patient visits a year.
Moody’s has recently affirmed an ‘Aa2’ credit rating to Children’s Healthcare of Atlanta due to the health system’s strong debt service coverage, and exceptional financial performance in FY
2009 and FY 2010.
Employees (2011)
NORTHSIDE HEALTHCARE SYSTEM
Physicians (2011)
Bed Count (2011)
Moody’s Rated (2003)
5,000
1,800
753
‘Aa2’
Northside Hospitals
Atlanta (“Pill Hill”)
Cherokee
Forsyth
Total
Total Patient
Revenue (2010)
$1,901,948,030
$335,216,970
$753,551,866
$2,990,716,866
%
64%
11%
25%
100%
CHILDREN’S HEALTHCARE OF ATLANTA
2010
Net Patient Service Revenue
Medicare
Bed Count (2011)
Moody’s Rated (2011)
$923 Million
34%
520
‘Aa2’
2009
$885 Million
36%
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 19
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
SAINT JOSEPH’S HOSPITAL OF ATLANTA
5665 Peachtree Dunwoody Road, NE | Atlanta, Georgia
Type of Facility:
Type of Control:
Health Care System:
Number of Beds
Special Care Beds:
Total Employees:
Total Discharges:
Total Patient Revenue:
Website
Short Term Acute Care
Voluntary Non-Profit, Church
Emory Healthcare
410
50
1,826
16,431
$1,081,328,083 www.stjosephsatlanta.org
Payor Mix
Total Hospital Patient Revenue:
Medicare
$420,337,622
39%
Saint Joseph’s Hospital of Atlanta is a 410-bed, acute care hospital located in Atlanta, Georgia.
The hospital is recognized as one of the top specialty-referral hospitals in the Southeast and is a part of the Emory Healthcare System. The 750 physician hospital was nationally recognized as one of the 50 finest hospitals in the country by HealthGrades in 2007.
Awards and Accreditations:
P.A.C.E. Clean Air Award (2011)
Joint Commission Stroke Award National Quality Approval (2011)
Magnet Award Winning Hospital
Bronze Award-American Heart Institution Get with the Guidelines
Georgia Hospital Association - Highest 3 Tier Honor
Gross Patient Revenue
Medicaid Other
$29,143,427
3%
$631,847,034
58%
Total
$1,081,328,083
100%
Balance Sheet
Period Ending Date
Assets
Current Assets
Fixed Assets
Other Assets
Total Assets
Liabilities and Fund Balances
Current Liabilities
Long-Term Liabilities
Total Liabilities
Total Fund Balances
Total Liabilities & Fund Balances
12/31/2010
Financial Indicators
Period Ending Date
$165,534,261
$175,072,775
$163,296,598
$503,903,634
EBITDAR
Days Cash on Hand-All Sources
$61,488,347
$164,930,022
$226,418,369
$277,485,265
$503,903,634
12/31/2010
$34,674,989
45.1
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 20
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW
NORTHSIDE HOSPITAL OF ATLANTA
1000 Johnson Ferry Road NE | Atlanta, GA 30342
Type of Facility:
Type of Control:
Health Care System:
Number of Beds
Special Care Beds:
Total Employees:
Total Discharges:
Total Patient Revenue:
Website:
Short Term Acute Care
Voluntary Non-Profit, Other
Northside Hospital
537
34
4,004
28,194
$1,901,948,030 www.northside.com
03| MARKET OVERVIEW
Northside Hospital is a 537-bed, not-for-profit hospital located in
Sandy Springs, Atlanta, Georgia. Northside Hospital is one of the largest employers in Metro Atlanta Northside. The prestigious
Northside Hospital provides quality care at a variety of locations throughout the North Metro Atlanta area that include, Atlanta,
Forsyth and Cherokee. All Northside hospitals are full-service, acute-care facilities that offer particular expertise in Maternity
Services, Women’s Health, Cancer Care, Surgery and Radiology.
Awards and Accreditations:
Joint Commission on Accreditation of Health Care Organizations
Northside Hospital received the NRC
Consumer Choice Award for Most
Preferred Hospital in Overall Health
Care Services for 14 consecutive years
Total Hospital Patient Revenue:
Period Ending Date
Balance Sheet
Assets
Current Assets
Fixed Assets
Other Assets
Total Assets
Liabilities and Fund Balances
Current Liabilities
Long-Term Liabilities
Total Liabilities
Total Fund Balances
Total Liabilities & Fund Balances
Payor Mix
Medicare
Gross Patient Revenue
Medicaid Other Total
$237,369,428
12%
9/30/2010
$157,025,534
8%
$1,507,553,068 $1,901,948,030
79% 100%
Financial Indicators
Period Ending Date 9/30/2010
$305,031,329
$360,343,300
$234,630,778
$900,005,407
EBITDAR
Days Cash on Hand-All Sources
$92,635,119
70.2
$107,012,005
$457,993,686
$565,005,691
$334,999,716
$900,005,407
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 21
01 | EXECUTIVE SUMMARY 02 | PROPERTY OVERVIEW 03| MARKET OVERVIEW
CHILDREN’S HEALTHCARE OF ATLANTA AT SCOTTISH RITE
1001 Johnson Ferry Road NE | Atlanta, Georgia Children’s Healthcare of Atlanta at Scottish Rite currently holds 249 beds including 172 general pediatric beds and 77 intensive care beds, and also manages approximately 10,000 admissions per year. Children’s at Scottish Rite offers many services including an emergency department and a comprehensive inpatient rehabilitation unit.
Type of Facility:
Type of Control:
Health Care System:
Number of Beds
Special Care Beds:
Total Employees:
Total Discharges:
Total Patient Revenue:
Website:
Children’s Short Term Acute Care
Voluntary Nonprofit, Other
Children’s Healthcare of Atlanta
249
72
1,930
13,027
$766,831,632 www.choa.org
Awards and Accreditations:
Joint Commission’s Gold Seal of Approval (2007)
Atlanta Business Chronicle ranked it the number one healthcare organization on its list of Atlanta’s A+ Employers.
Children’s Healthcare of Atlanta has been recognized for its outstanding staff and for its visionary physicians in pediatric medicine.
Payor Mix
Total Hospital Patient Revenue:
Medicare
$188,527
0.02%
Gross Patient Revenue
Medicaid Other
$0
0%
$766,643,105
99.98%
Total
$766,831,632
100%
Period Ending Date
Balance Sheet
Assets
Current Assets
Fixed Assets
Other Assets
Total Assets
Liabilities and Fund Balances
Current Liabilities
Long-Term Liabilities
Total Liabilities
Total Fund Balances
Total Liabilities & Fund Balances
12/31/2010
Financial Indicators
Period Ending Date
$991,580,618
$171,978,484
$79,109,066
$1,242,668,168
EBITDAR
Days Cash on Hand-All Sources
$22,474,800
$4,790,154
$27,264,954
$1,215,403,214
$1,242,668,168
12/31/2010
$112,108,376
N/A
PEACHTREE DUNWOODY MEDICAL CENTER > EXCLUSIVE OFFERING |
Global Healthcare Services 22
EXCLUSIVE ADVISORS
TODD PERMAN, CCIM
Executive Managing Director
Global Healthcare Services
Newmark Grubb Knight Frank
(404) 806-2510 tperman@ngkf.com
DANA HAMRIC
Associate Director
Global Healthcare Services
Newmark Grubb Knight Frank
(404) 806-2513 dhamric@ngkf.com
CHRIS WITCHER
Associate
Global Healthcare Services
Newmark Grubb Knight Frank
(770)552-2478 cwitcher@ngkf.com