Posted: Monday, May 04, 2009
Charitable Infusion Spurs Hopsital Expansion Plan
A $12.1 million gift from a longtime supporter will enable Good Samaritan Hospital to break ground later this year on an $80 million-plus outpatient surgery and medical office pavilion.
The L.A. medical center west of downtown is being positioned to capture a greater market share of high-paying elective and specialty procedures for more affluent residents of fast-growing Koreatown and new condo complexes on the west side of downtown. There are roughly 20 hospitals within a five-mile radius of Good Samaritan.
“Competitionwise, it’s a big advantage to have a beautiful-looking pavilion like this that’s extremely efficient with the latest equipment,” said Chief Executive Andrew Leeka.
Hospital officials expect to attract new doctors to set up practice closer to the facility, and already have received some inquiries. The new seven-story surgery center will offer surgeons eight outpatient operating rooms, compared with three at the existing outpatient center.
The hospital is taking pains to integrate the new building into its campus. The 190,000-square-foot structure will be constructed at what now is the front parking lot of a medical office building. The office building and the surrounding grounds will receive a facelift to create a more integrated and attractive Wilshire entrance to the campus, Leeka said.
The new facility will include a discount pharmacy and an Internet-enabled health center where patients can do health research, which will be also aimed at residents of nearby poor neighborhoods.
The $12.1 million gift comes from the Frank R. Seaver Trust, also a significant donor to Pepperdine University and USC. Seaver’s son, the late Richard Seaver, was a hospital trustee and Richard Seaver’s daughter, Victoria, sits on the hospital board. The outpatient portion of the facility will be named the Frank R. Seaver Ambulatory Surgery Center.
The Seaver donation brings the building fund to roughly $60 million. The hospital earlier sold several nearby vacant parcels to launch the fund drive. It will continue to raise money from donors and possibly sell bonds to fund the balance of construction and equipment costs, which Leek said could run to $83 million.
The new facility is expected to take 18 months to complete and will enable Good Samaritan to more fully implement a new electronic medical records system. Offices will be networked so physicians can electronically write prescriptions during medical visits that should be ready for patients to pick up in the pharmacy by the time they leave the building, Leeka said.
Article By: Deborah Crowe, Los Angeles Business Journal