Home > Uncategorized > Partnership brings new medical office building for expanding primary care practices

Partnership brings new medical office building for expanding primary care practices

July 5, 2011

Joy McCarthy Sessing, Executive Director
Morgan County Economic Development Corp.

Doyia Turner
Director of Marketing & Communications
IU Health Physicians

Partnership brings new medical office building for expanding primary care practices

MOORESVILLE, Ind. – Cornerstone Companies, Inc., a leading Indiana healthcare development company, with assistance from the Town of Mooresville and the Morgan County Economic Development Corporation, is building a 15,200 sq. ft. Class A medical office building for Indiana University Health, the state’s largest and most comprehensive healthcare system.  Cornerstone will own, develop and manage the new building that will house IU Health Physicians Pediatrics (Mooresville), IU Health Physicians Internal Medicine (Mooresville), IU Medical Group Primary Care and IU Health services such as radiology, lab services and disease management programs.

“A great community balances many things. A strong economic climate and convenient medical care are vital components contributing to that balance. We look forward to IU Health’s new and expanded services in Mooresville and consider ourselves fortunate on two fronts in this most recent partnership. First, economically – not only do we retain trusted medical professionals, but we expect a double digit increase in the number of new jobs. Secondly, and just as important, is the additional medical services for our citizens and the communities around us,” said George Watkins, president, Mooresville Town Council.

“This new building will allow us to better integrate services and help improve the overall efficiency of our growing primary care business in Mooresville,” said Kyle Allen, vice president of Primary Care at IU Health Physicians, the fastest growing, most complete multi-specialty physician practice group in Indiana.

The medical building, expected to open in December 2011, will be located on three acres of land at 820 Samuel Moore Parkway, adjacent to the Meadow Lakes Community. The facility is expected to meet the new construction code for energy efficiency including common areas controlled by a 7-day time clock, dual mode occupancy sensors and exterior lighting controlled with photocell/time clock security lighting.

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About Morgan County Economic Development Corp.
Morgan County Economic Development Corp. (MCEDC) is the countywide economic development organization serving Morgan County, Indiana.  The MCEDC works with companies seeking locations in the county and with existing firms to encourage their growth and retention.  Improving the local economy by guiding investment and employment opportunities for family-wage jobs in Morgan County is a primary function of the organization.

About Cornerstone Companies, Inc.
Cornerstone Companies, Inc.  (“Cornerstone”), located in Indianapolis, Indiana, was founded in 1985 to operate as a real estate development, consulting, and investment company in the healthcare real estate arena.  As a leading healthcare development company in Indiana, Cornerstone’s primary specialty and focus for the last 26 years has been the development and operation of all types of medical facilities completing approximately 40 medical office buildings in its 26 year history.  These include medical office buildings, ambulatory surgery centers, imaging centers, cath labs, diagnostic centers, imaging, endoscopy centers, sleep labs, physical therapy centers, oncology centers, and clinical labs.  Cornerstone and its principals currently own and operate 23 medical office buildings around Indiana totaling approximately 1,200,000 sf.

About IU Health Physicians
Indiana University Health Physicians brings together Indiana University School of Medicine faculty physicians, IU Health-affiliated physicians and private practice physicians to form the fastest-growing, most complete, multi-specialty physician practice group in Indiana. This unique partnership gives our highly skilled doctors access to innovative treatments using the latest research and technology. Discover the strength at iuhealth.org/physicians.

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