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Thursday, Nov 30, 2023

Preview: Medical Magnet

Tarzana’s new Ventana Medical Center on Ventura Boulevard hasn’t opened yet but it’s already opening doors – one to a cutting-edge, one-stop-shop for cancer treatment and the other to the West Valley market for out-of-area health care providers. When completed later this year, the four-story facility on the Tarzana-Encino border will become the Integrated Cancer Institute, with about half its space occupied by L.A.-based national diagnostic imaging services provider RadNet Inc. and its partnering medical provider groups. The 112,000-square-foot hospital-like facility will treat all aspects of cancer, aiming to give locals an alternative to driving into the Los Angeles basin. It will be RadNet’s newest and biggest office and will serve more than 4,000 patients daily. Daniel Kashani, chief executive of the center’s developer, Pacoima’s TriStar Realty Group, took on the $52 million project, a figure that includes land and construction, because it represents the future of real estate for hospitals and health care. “What we’ve seen happening is that delivery of health care has gone from the traditional method of hospitals running hospitals, to having different points of health care through communities – off-campus clinics feeding business to hospitals,” Kashani said. Procedures that used to exclusively happen in the hospital are now being done as outpatient procedures on satellite campuses – such as the Ventana Center, he added. “That was the need we were initially trying to fill.” Read the full story in the May 30 issue of the San Fernando Valley Business Journal.

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