South Texas Surgical Hospital
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of the award-winning South Texas Surgical Hospital (STSH), a 94,000 square foot Specialty Surgical Hospital and Outpatient Center located in Corpus Christi, TX.
STSH is unique in that it is physician-owned in partnership with Surgery Partners, a leading operator of surgical facilities and ancillary services with more than 180 locations nationwide. Aligned with 44 physician-owners and over 100 physicians with admitting privileges, STSH offers superior patient experience and higher quality care at a lower cost than its competitors.
Built in 2008, South Texas Surgical Hospital is comprised of 33 inpatient private beds, 5 operating rooms, and 6 pre-op beds. The ASC has 15 pre-op beds, 6 operating rooms, and 2 endoscopy rooms. The Hospital is dedicated to improving the quality of life for its patients, providing care across an array of specialties, including robotic-assisted total knee, partial knee, total hip replacements, general surgery, gastroenterology, ophthalmology, and more.
The Property is conveniently located in Corpus Christi adjacent to the CHRISTUS Spohn Hospital Corpus Christi – South, a 158-bed general acute care hospital and Level IV trauma center, as well as several other healthcare providers. With a population of approximately 452,950 people and growing, Corpus Christi is ranked as the 119th largest MSA in the U.S.
In the 1st quarter of 2023, CHRISTUS Spohn Health System acquired South Texas Surgical Hospital, expanding its presence in the Coastal Bend, bringing more high-quality clinicians and access to compassionate and integrated health care to the community. Renamed CHRISTUS Surgical Hospital, the multi-specialty facility will continue to provide inpatient and outpatient surgical care in a convenient location, which is connected to the CHRISTUS Spohn – South campus.
CHRISTUS Health is a Catholic, not-for-profit system made up of more than 600 centers, including long-term care facilities, community hospitals, walk-in clinics, and health ministries, with over 15,000 physicians.
“CHRISTUS Surgical Hospital and outpatient surgery center offer high quality medical care in a region that will continue to experience population growth and demand for elective-based procedures," said Christopher Stai, Managing Director of HREA. “The transaction was structured as a Hybrid Sale-Leaseback providing continued physician ownership in the real estate in a tax-deferred manner, while also generating immediate liquidity and continued cashflow for the physicians.”
Representative Transactions
Seasoned Team
