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Monument Healthcare Development to develop University Hospitals health campus in Ohio

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Monument Healthcare Development to develop University Hospitals health campus in Ohio


Amherst, Ohio — Kansas City-based healthcare real estate group Monument Healthcare Development (formerly Astoria Healthcare Properties), in partnership with University Hospitals (UH), has announced the development of a health campus in Amherst, Ohio. This is the first major development project in western Loraine County and is being considered by city leaders as a gateway to expansion and economic growth.

“It has been a pleasure working with the UH development team to bring this well-planned medical campus to Amherst. I am thrilled for our residents and surrounding communities with this facility and the specialty services that the Beaver Creek Medical Campus will bring to our area,” said Amherst Mayor, Mark Costilow.

The campus will include two buildings, one being a state-of-the-art ambulatory surgery center (ASC) that will house five operating rooms and one procedure room. In addition, six recovery-focused Stay Suites™ will be in the same building as the ASC as part of the Muve program, a value-based surgical care program offered by ValueHealth. The ASC will focus on orthopedic surgical procedures, with the capacity for 800 total joint replacement cases per year. The facility will also provide general orthopedic, spine, ear, nose and throat, and pain management services on-site.

“University Hospitals Amherst Beaver Creek Surgery Center will deliver more value and a better patient experience closer to home,” says James A. Voos, MD, Chairman, Department of Orthopaedic Surgery, and Jack & Mary Herrick Distinguished Chair, Orthopaedics and Sports Medicine. “We have enjoyed working with Monument Healthcare Development and look forward to expanding our services in Lorain County.”

Following approvals from the City of Amherst, the UH Amherst campus plans to break ground in November 2022. A groundbreaking ceremony is scheduled for 2 p.m. on November 1, 2022 at 917 N. Lake Street, Amherst, OH. The media is welcome to attend. UH Amherst plans begin welcoming patients in the fourth quarter of 2023. The project’s development follows UH’s 2020 announcement that it had formed a joint venture to expand its ambulatory surgical network.

In addition to the ASC, the new UH Amherst health campus will feature a medical office building to house physicians and other providers across a variety of medical and surgical specialties and other ancillary services. These exciting new developments are in partnership with civil design firm CTL Engineering, architectural firm ESa, and J.E. Dunn Construction Company.

“We’re incredibly excited to work with all the partners involved in this project to bring the best possible care to this community,” said Monument Director, Shawn Frost, “Together, we will help UH Amherst continue to create a lasting legacy of exemplary care.”

About Monument Healthcare Development
Founded in 2005, Monument Healthcare Development is a healthcare real estate development firm specializing and ambulatory surgical center (ASC) and medical office building (MOB) investments. MHD offers a proven, end-to-end model based on extensive industry experience and rock-solid relationships. In each layer of our methodical approach, we bring our expertise in healthcare to physicians and healthcare systems, so they can realize their first patient day faster in turn-key ASC and MOB real estate assets.