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VOL. 131 | NO. 199 | Wednesday, October 5, 2016

Daily Digest

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Methodist University Hospital Breaks Ground on Expansion

Methodist University Hospital breaks ground Wednesday morning, Oct. 5, on its $280 million master campus plan at the corner of Eastmoreland Avenue and Bellevue Boulevard in the Memphis Medical District.

The modernization project is expected to be completed in the first quarter of 2019. It includes a 440,000-square-foot addition in the form of a tower, which will create room to upgrade services within the hospital, as well as provide state-of-the-art medical technology. Methodist says the upgrade of services consolidates oncology, transplant and outpatient programs into a new centralized area that will increase efficiency for medical staff and caregivers while improving the health care experience for patients, family and visitors.

Among other highlights of the $280 million master campus plan, it will:

• Consolidate all transplant services into a two-floor inpatient/outpatient comprehensive Transplant Institute.

• Combine the West Cancer Center on Union Avenue with hospital-based inpatient and surgical services, creating one comprehensive cancer center.

• Consolidate outpatient care in the new tower, making these services easily accessible from the newly constructed parking plaza.

– Andy Meek

Bartlett Nursing Facility Sells for $13 Million

Signature HealthCARE of Memphis, a skilled nursing facility at 1150 Dovecrest Road in Bartlett, has sold for $13 million.

OHI Asset (TN) Memphis-1150 Dovecrest LLC purchased the facility from HCRI Tennessee Properties LLC in a Sept. 30 warranty deed. The buyer is an affiliate of Omega Healthcare Investors Inc., which owns 21 facilities in Tennessee, according to the company’s website.

The nursing home contains 134 units totaling more 44,791 square feet. It was built in 1973 and sits on 4.1 acres on the east side of Dovecrest south of Macon Road. The Shelby County Assessor of Property’s 2016 appraisal is $2 million.

– Madeline Faber

Tiger Lane Concert Series Kicks Off Thursday

In partnership with the University of Memphis Rudi E. Scheidt School of Music, the Memphis athletic department announced that a new Tiger Lane concert series will begin with the nationally televised football game on Thursday night, Oct. 6, vs. Temple.

The new concert series will feature University of Memphis music students. The series starts with The Band Camino.

The concert will begin shortly after Tiger Walk, which is scheduled for 4:30 p.m. and is expected to last approximately 90 minutes. The Band Camino has found recent momentum, releasing their debut EP “My Thoughts on You,” playing the Beale Street Music Festival and landing on the Spotify Viral USA Chart. The concert series will feature a different band for each of the remaining four home games, and all concerts will be free. On Oct. 29, Sound Fuzion will perform; on Nov. 12, Bluff City Soul Collective will be featured; and Drew Erwin is the talent for the Nov. 25 game.

– Don Wade

East Memphis Office Changes Hands for $2.4M

An East Memphis office building has sold for $2.4 million to a local investment group.

BC Commercial Properties LLC, which is managed by Bridge Capital Asset Management LLC, purchased the office building at 1669 Kirby Parkway from Kirby Parkway Building Partnership in a Sept. 30 warranty deed.

In conjunction with the sale, BC Commercial Properties filed a $2 million mortgage through Ameritas Life Insurance Corp. Scott J. Gruber, founder and CEO of Memphis-based Bridge Capital Thrift and Loan LLC, signed for the loan.

Built in 1988, the two-story Class B building totals 29,564 square feet. It is situated on 2 acres on the west side of Kirby Parkway north of Poplar Avenue and most recently was appraised at $2 million.

– Madeline Faber

Fred’s Specialty Pharmacy Division Has New Name

Fred’s Inc.’s wholly owned specialty pharmacy, Eiris Health Services, has a new name.

Now called EntrustRx, the division will continue to provide holistic pharmaceutical care and therapies for its customers with a personal touch, Memphis-based fred’s announced this week.

“While the name has changed to EntrustRx, our customers will not see a difference in service, and our team is ready to take care of their specialized health needs,” Tim Liebmann, fred’s chief operating officer, pharmacy, said in a statement.

Specialty pharmacy patients require high-touch medication therapy, ongoing monitoring and medication management for complex diseases.

EntrustRx is licensed in and currently serves all 50 states.

Fred’s Inc. and subsidiaries operate in 15 states in the southeastern United States with 304 full-service pharmacy departments located within fred’s stores, including four franchised locations. Additionally, fred’s Inc. has 57 Xpress pharmacy locations, three specialty pharmacy locations and more than 650 discount general merchandise stores chain-wide.

– Daily News staff

U of M Journalism Alumni Name Annual Honorees

The University of Memphis Journalism Alumni Club will host its Outstanding Alumni Awards. Thursday, Oct. 13, at the Holiday Inn U of M, 3700 Central Ave.

Registration will begin at 6 p.m., with the dinner and program following at 7 p.m.

The honorees include:

• Outstanding Young Alumna Award – Megan Harris (BA ’11), editor at 90.5 WESA, Pittsburgh’s NPR station.

• Charles E. Thornton Award – Frank Thorsberg (BA ’78), data recovery specialist with DriveSavers Data Recovery, and Elise Mitchell (MA ’92), CEO of Mitchell Communications Group.

Herbert Lee Williams Award – Dr. David Arant, chair of the U of M Department of Journalism and Strategic Media.

• Emerging Journalist Award – Jonathan Capriel, U of M student and editor in chief of The Daily Helmsman.

Tickets are $60 per person, $100 per couple, $500 for a table of 10 and $35 for current students and recent graduates (five years out or less). RSVP at memphis.edu/alumni/journawards by Oct. 10. For more information, contact m.carrier@memphis.edu or call 901-678-2461.

The Charles E. Thornton Award is named in honor of a former Memphis journalist who was killed while on assignment in Afghanistan in 1985. The Herbert L. Williams Award is named for the Department of Journalism’s founding chair. Williams died in 2004.

– Daily News staff

Legionnaires’ Disease Cases In Shelby County Now at 7

Health officials say the number of cases of Legionnaires’ disease with ties to a Memphis hotel has risen to seven.

The Shelby County Health Department said this week that the La Quinta Inn & Suites where the outbreak of the illness originated remains closed.

The hotel was closed Sept. 22 after five people who stayed there were diagnosed with the disease, which has symptoms similar to pneumonia, including cough, high fever, muscle aches and headaches. A sixth case was reported last week.

Officials say Legionella bacteria can grow in drinking water systems, hot tubs, decorative fountains and cooling towers. It is typically contracted when individuals breathe mist or vapor containing the bacteria.

Officials are trying to contact people who stayed at the hotel from July 1 to Sept. 22.

– The Associated Press

Haslam Visits Tenn. Plants For Manufacturing Week

Republican Gov. Bill Haslam has kicked off a week to promote the manufacturing sector with a visit to the Beretta plant in Gallatin.

The Monday visit coincided with the 490th anniversary of the Italian gunmaker’s first military contract. Company officials also announced that the plant has been certified by the Army to produce its military firearms at the facility.

The governor also plans visit this week to automotive supplier Denso in Maryville, Alcoa in Friendsville and General Motors in Spring Hill.

Economic and Community Development Commissioner Randy Boyd is making stops at Gestamp in Chattanooga, ATC Automation and Ficosa North America in Cookeville, Smith & Nephew in Memphis and Bridgestone Americas in La Vergne.

Manufacturing Week is an effort to encourage more students to pursue careers in the sector.

– The Associated Press

PROPERTY SALES 57 280 1,209
MORTGAGES 55 244 916
BUILDING PERMITS 158 699 2,751