The area, in northwest San Antonio, is close to other hospitalsincluding Humana Hospital of San Antonio, St. Luke's LutheranHospital and South Texas Ambulatory Surgery. The medical andhealth-care business is San Antonio's biggest industry.

The Heart Hospital, which is to begin operation in 2003, is a$50-million project, David Crane, MedCath's CEO, tells GlobeSt.com.It will be jointly owned with a group of San Antonio physicians.MedCath has physician partners in all its hospitals, with MedCathbeing the majority owner.

The hospital is on 12 acres near Crossroads Mall. Dr. CharlesRabinowitz, a member of the physicians group teaming up withMedCath, said they chose the site for its central location to makeit easier for patients and doctors to reach it. "We must havelooked at 50 different parcels of land," he tells GlobeSt.com. "Wewanted more or less a central location."The team worked with MikeWeiss of San Antonio-based 4-M Properties to find the site.Rabinowitz says the hospital will have 350 employees and an annualpayroll of $14.5 million.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.