Jupiter Medical Center and NuVista Living announced a joint venture making the medical center a partner in NuVista’s Institute for Healthy Living, Life Science and Research (NIHL).
The NIHL is a $70 million continuing care senior community in Jupiter, Florida, and is anticipated to open in the spring of 2013. Plans call for 150 net new permanent jobs out of a total workforce of 200 positions. At completion, the Institute is projected to generate a net annually recurring economic impact of $20 million rippling throughout the community.
“This is an exciting opportunity for Jupiter Medical Center to partner in a center that will expand our community’s access to the entire continuum of rehabilitative and long-term care, while strengthening our position in this era of health care reform,” said John Couris, CEO of Jupiter Medical Center.
The new community will expand Jupiter Medical Center’s and NuVista Living’s existing relationships with Scripps Florida and Florida Atlantic University, where the Institute will foster collaboration in care, education and research.
“Jupiter Medical Center’s leaders share our vision of transforming today’s post-acute care system, to provide an advanced continuum of care that ensures the dignity, health and independence of each individual life we touch,” said Paul Walczak, CEO and a principal of NuVista Living. “Our organizations are like-minded, investing in the future and our people, and focused on innovation. At the Institute for Healthy Living, Life Science and Research, we’re bringing together the resources and intellectual capital needed to fundamentally change the way health care is delivered, experienced and valued.”
In addition to 129 nursing home beds, the new Institute, slated to open in 2013, will include a dedicated 70-bed Assisted Living facility and a 30-bed facility dedicated for residents with Alzheimer’s and other memory disorders.
Through the joint venture, Jupiter Medical Center will transfer the Certificate of Need for 60 long-term nursing care beds at The Pavilion to the Institute for Healthy Living, Life Science and Research for the new Abacoa facility and the Institute’s future use, Couris said.
Meeting long-term care needs through the Institute will enable the medical center to transition the Pavilion to provide only rehabilitation services that are tied to specific clinical service lines. Jupiter Medical Center will continue to own and operate the Pavilion as a rehabilitation center, with 60 private rooms. The 35-year-old facility will undergo a renovation.
With a two-year window, Couris said, there is ample time for a smooth transition for current long-term residents at the Pavilion who will be affected by the plans. “We’ll work one on one with these residents and their families to plan ahead for transfer to the new community or to other long-term care communities in the area,” he said.