According to an article by non-profit news outlet San Antonio Report, the Board of Managers of University Health, a locally owned and operated health system serving San Antonio and Bexar County, Texas, has voted to enter a $50 million deal to acquire two medical towers next to a shuttered CHRISTUS Health hospital in San Antonio’s massive South Texas Medical Center.
San Antonio Report writes that the deal could ultimately help University Health “move more of its ambulatory services out of its main hospital.”
University Health purchased CHRISTUS Health’s Santa Rosa Hospital in the South Texas Medical Center last year. That purchase, the outlet reports, included 45 acres of land, including seven-story and four-story medical office buildings next to the hospital that contain 200,000 square feet of space. “The initial plan was for University Health to own the land but not the two buildings,” says the news outlet. That has now changed, as University Health’s Board has now voted to acquire those buildings.
The towers are adjacent to a vacant hospital, with one of them connected to that facility via a sky bridge, according to San Antonio Report. It adds that University Health plans on reopening the vacant hospital as Babcock Specialty Hospital this summer.
Click here to read the full report.