15-Acre Campus, 180,000-Sq.-Ft. Building in Costa Mesa is Largest Headquarters Transaction by Orange-County Based Company over Last 12 Months; Distinctive Features Focus on Total Immersion of Workplace Wellness, Exercise, Nutrition
ORANGE COUNTY, Calif., Jan. 30, 2013 /PRNewswire-USNewswire/ --MemorialCare Health System in Southern California announced it will be moving its headquarters to a 15-acre corporate campus in Costa Mesa with dramatic 405 freeway frontage visible to more than 400,000 commuters each day.
The new campus and 180,000 square-foot headquarters will accommodate the rapid growth of MemorialCare in Orange and Los Angeles counties and bring together teams from throughout the health system currently spread over several locations. This announcement coincides with MemorialCare's recent addition of hospitals, physician groups, outpatient and ambulatory facilities, retail health centers, an emerging health plan and other clinical and support services as MemorialCare continues to be regarded as one of the nation's most comprehensive integrated health care delivery systems.
The transaction is the largest headquarters purchase over the last year by an Orange County-based company. The location at 1588 South Coast Drive in Costa Mesa will be distinctive architecturally and operationally for total immersion into workplace wellness, with walking trails, a fitness center, courtyards, natural lighting, walking work stations, nutritional food choices, and designs and spaces promoting health and well-being.
The new facility ensures better coordination and integration to accommodate the rapid expansion of MemorialCare Health System, one of Orange County's faster growing businesses. The campus, expected to be occupied in late 2013, will bring together teams from MemorialCare's corporate office, physician support locations and medical groups, including MemorialCare Medical Group, Greater Newport Physicians and Nautilus Healthcare Management Group.
"With a 108-year history providing health care services to Southern California communities, we continue to expand our health care system with additional hospitals, physician groups, outpatient and ambulatory facilities and an evolving health plan," says Barry Arbuckle, PhD, MemorialCare Health System President & CEO. "Health care reform is challenging providers to provide better health, better care and better management of costs. MemorialCare has spearheaded that transformation by creating a fully integrated health system. The teams leading our health system's award-winning quality efforts, advanced electronic medical records, Lean innovations, employee wellness programs, physician support and more, will be under one roof as they continue to provide the best support and service to our 11,000 employees, 2,500 affiliated physicians and 200 MemorialCare sites."
The health system has created a continuum of care through its history of system-wide collaboration, physician partnerships and disciplined integration that anticipates and addresses the needs of more than a million patients in Southern California communities. "This delivery of comprehensive, integrated, quality care, focused on continually improving population health, is at the heart of the reform U.S. health care is challenged to pursue," adds Arbuckle.
MemorialCare Health System and its hospitals in Orange and Los Angeles counties continue to gain widespread recognition for their unique approach to health care. Acknowledged as among California's best hospitals and named "high performing" by U.S. News & World Report, MemorialCare appears on the list of Top 100 Integrated Health Care Systems in the U.S. MemorialCare Medical Group and Greater Newport Physicians-medical groups associated with MemorialCare Medical Foundation-were honored by California Association for Physician Groups with the 2012 Elite 4-Star Status, the highest rating possible for medical groups in California. MemorialCare hospitals, including Long Beach Memorial, Orange Coast Memorial and Saddleback Memorial Medical Centers in Laguna Hills and San Clemente, received an "A" Hospital Safety Score, the highest grade given by the Leapfrog Group to hospitals it selects as the safest in the country. MemorialCare was also among only 27 businesses worldwide to receive the Gallup Great Workplace Award in 2012.
"Bringing 1,000 MemorialCare employees into one distinctive facility provides several unique opportunities, including further enhancement of our Good Life wellness program and employee engagement initiatives," says Tammie Brailsford, RN, MemorialCare Health System COO. "By building efficient work areas using the latest designs, including a gym, walking trails, health coaching, nutritious food choices, work-life balance programs and more for employees, we further our mission of broadening a culture of healthy, happy employees. We continue to share these successful population health management practices with businesses throughout the Southland aiming to improve employee health and contain health care costs."
"MemorialCare was able to take advantage of current market conditions and acquire this strategically located property below replacement cost.The property's unique combination of large floor plates, open areas and campus setting were perfectly aligned with MemorialCare's mission to deliver a collaborative and engaging workplace," says Tim Helgeson of Newmark Grubb Knight Frank, an advisor on the transaction.
MemorialCare Health System, a not-for profit, integrated delivery system, includes six top hospitals - Long Beach Memorial, Miller Children's Hospital Long Beach, Community Hospital Long Beach, Orange Coast Memorial Medical Center and Saddleback Memorial Medical Center in Laguna Hills and San Clemente; medical groups - MemorialCare Medical Group and MemorialCare Prompt Care; an Independent Practice Association (IPA) - Greater Newport Physicians; MemorialCare HealthExpress retail clinics; ambulatory surgery centers; and numerous outpatient health centers throughout the Southland. For information, visit memorialcare.org.
SOURCE MemorialCare Health System
