Comprehensive Development Proposal for Pooler Proton Facility and Surrounding Amenities
Proposed development of a comprehensive healthcare facility in Bloomington, GA, including a medical office building with various services, a CCRC, a SNF, and a midrange hotel. The project involves ownership by Last Mile Foundation of Georgia, with financing in place. Tasks include land acquisition, design, recruiting staff, and engaging in marketing strategies. Funding needs include additional investment and arrangements with equipment suppliers. The plan aims to provide advanced healthcare services in a well-designed and integrated environment.
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Pooler Proton Development Proposal
Within a 90,000 sq ft MOB in Bloomington GA, which will also contain ASC, cardiac center, providers (combined) clinics, an ER, lab, pharmacy, and full imaging; Contiguous with a CCRC, including a sports-rehab & health club facility, and a 30-50 bed SNF., And also with a 125-172 room full-service midrange hotel specifically designed to keep patients separate and transparent to tourists and commercial hotel guests. 100% non-recourse construction to perm financing for the MOB has been identified (with a letter of intent) from Live Oak Bank and the USDA (RD CF program). The MOB will be owned and operated by the Last Mile Foundation of Georgia, a 501 c 3 tax-exempt corporation
Pooler Proton Pooler proton LLC will be owned 60% by LMF of GA (as landlord); 10% reserved for professional cancer center participating providers, and 30% for non-provider participating partners, where equity contribution (to operating capital) is $1 MM for 15% ownership. The Facility:25,000 sq ft, Proton vault - P-cure (1200) Linac Vault P- cure 1100 Pet CT* 1200 Rad Onc Clinic 5000 Hem Onc Clinic 2500 BMT space * 1500 Infusion Center* 2500 * or elsewhere in the building ** all items subject to change during design & marketing.
Development Tasks Get Land under contract. Design, pricing,permitting Pro-cure & MMC team Recruiting- 1) Academic partner for Proton unit- (target AUMCG)- 2) CEO for Savannah project (LMF and Parkway W of GA LLC) 3) Rad Onc and Hem Onc ,possibly Dx Rad for MOB 4)Marketing: A) Providers who are credentialed in the ASC, and who see patients in the combined clinics spaces, can be invited to accept referrals from the cancer center, and collaborate in patient treatment programs and episodes. Participating in bundled payments (eg 2-year bundles) for such collaborations can increase professional fee revenue by 2-3X- and the MOB and Proton Center will be rigorous in patient selection for such bundles . B) Other providers and referral sources cannot invest in the Cancer Center nor in the MOB, but they can invest in the entity (Parkway West,LLC) owning the remainder of the project excluding the MOB, and which will have an exclusive purchase option on the MOB itself. C) DTC Advertising, professional education and public service (presence) programs- Proton development consultants should have a good idea about which are most effective.
Development Tasks Financing Holes 1)$200,000 added to DTS s$100,000, to start design,engineering,feasibility, 2) $2,000,000 from additional Proton Partners to add to $4 MM from MLF for Proton Center s initial operating capital.. As a back-stop measure P-cure has advised that their equipment purchase contract (for a $20 MM proton unit) comes with $15 MM of Seller financing , repaid through revenue-sharing (ie, not equity, and not an asset-encumbering loan).
MMC development team Architects LS3P, Neil Dawson Engineers Thomas & Hutton General Contractor Weitz Traffic engineers Kimley-Horn (Jamie Gwaltney) Real estate counsel wswgs (Helen Hester) Leasing agent NAI Mopper/Benton (Rex Benton) Owner s rep Joseph M Cross (VP Development,MMC) Professional Services Huan Giap, MD PhD (MMC Nat l director) David T Schwartz MD MBA,CEO (MMC) dtayschwartz@yahoo.com 703 216 9124 7-15-2023
