The St. Joe Company and Tallahassee Memorial HealthCare Announce Opening of the First Building at the FSU/TMH Medical Campus in Panama City Beach, Florida
July 17 2024 - 5:00PM
Business Wire
The St. Joe Company (NYSE: JOE) (“St. Joe”) and Tallahassee
Memorial HealthCare (TMH) proudly announce the opening of the first
building at the FSU/TMH Medical Campus in Panama City Beach,
Florida. TMH Urgent Care and TMH Physician Partners - Primary Care
opened to patients in the newly constructed medical office building
located at 1002 N. Arnold Road (Highway 79). The building is the
first of several planned for the 87-acre campus being jointly
planned and developed by St. Joe, TMH and Florida State University
(FSU).
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Medical Office Building at the FSU/TMH
Medical Campus in Panama City Beach, FL (Photo: Business Wire)
“Because we are a nonprofit healthcare system, we are responsive
to the needs of our region,” said Andrew Starr, Vice President and
Chief Health Operations Officer, who will oversee TMH’s operations
in Panama City Beach. “One of the things we’ve heard loud and clear
is that there is a great need for healthcare in this area. We are
happy to be open, and we are ready to bring high quality, locally
governed care to the community.”
An ambulatory surgery center and cardiology services are
anticipated to be operational in the medical office building this
fall. Future plans include a 100-bed hospital with an emergency
center and other inpatient services including surgery, cardiology
procedures and imaging, anticipated to be complete in 2027.
“The economic growth and vitality of Northwest Florida is
affected by a variety of factors, one of those being the health and
well-being of our residents and visitors,” said Jorge Gonzalez, CEO
of St. Joe. “While meeting a critical need for more healthcare
options, our collaboration with TMH and FSU has the potential to
create dynamic synergies between research, education and clinical
delivery that we are confident will have a positive and powerful
impact on the entire region.”
TMH Physician Partners - Primary Care first opened in Panama
City Beach at a different location in 2022. The practice, with Drs.
John Woltz and Laura Yauch, will now see patients in the new
medical office building in suite 102 and is accepting new patients.
New and existing patients can request an appointment at TMH.ORG/PCB
or call 850-234-3087.
TMH Urgent Care, also located in the new medical office building
in suite 101, is a same-day option for minor injuries, cold and
flu, rashes, earaches, minor fractures and other illnesses. More
information is available at TMH.ORG/UrgentCare.
Important Notice Regarding
Forward-Looking Statements
This press release contains “forward-looking statements,” within
the meaning of Section 21E of the Exchange Act, including
statements regarding St. Joe’s, TMH’s and FSU’s healthcare campus
in Panama City Beach, Florida, including development and timing
plans, prospective services and opportunities and anticipated
benefits. These forward-looking statements are qualified in their
entirety by cautionary statements and risk factors set forth in St.
Joe’s filings with the SEC, including its Annual Report on Form
10-K for the year ended December 31, 2023 and subsequent current
report filings as well as the following: (1) the ability of St.
Joe, TMH and FSU to successfully complete the proposed project on
the anticipated timeline, or at all, and (2) the continued interest
of prospective tenants or users of the healthcare campus.
About Tallahassee Memorial
HealthCare
Founded in 1948, Tallahassee Memorial HealthCare (TMH) is a
private, not-for-profit community healthcare system committed to
transforming care, advancing health, and improving lives with an
ultimate vision to be known as the most engaged and supportive
organization in America. Serving a 21-county area in North Florida,
South Georgia and South Alabama, TMH is comprised of a 772-bed
acute care hospital, a surgery and adult ICU center, a psychiatric
hospital, multiple specialty care centers, four residency programs,
40 affiliated physician practices and partnerships with Alliant
Management Services, Apalachee Center, Calhoun Liberty Hospital,
Capital Health Plan, Doctors’ Memorial Hospital, Florida State
University, Radiology Associates and Big Bend Hospice. For more
information, visit TMH.ORG.
About The St. Joe
Company
The St. Joe Company is a real estate development, asset
management and operating company with real estate assets and
operations in Northwest Florida. The Company intends to use
existing assets for residential, hospitality and commercial
ventures. St. Joe has significant residential and commercial
land-use entitlements. The Company actively seeks higher and better
uses for its real estate assets through a range of development
activities. More information about the Company can be found on its
website at www.joe.com.
©2024 The St Joe Company. “St. Joe®”, “JOE®”, the “Taking
Flight” Design®, “St. Joe (and Taking Flight Design,)®” are
registered service marks of The St. Joe Company or its
affiliates.
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version on businesswire.com: https://www.businesswire.com/news/home/20240717883701/en/
St. Joe Investor Relations Contact: Marek Bakun, Chief
Financial Officer 1-866-417-7132 | marek.bakun@joe.com
St. Joe Media Relations Contact: Mary Beth Lovingood,
Corporate Director of Marketing 850-231-6583 |
marybeth.lovingood@joe.com
TMH Media Relations Contact: Rebeccah Lutz, Director,
Marketing & Communications 850-431-5874 |
rebeccah.lutz@tmh.org
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