CARTI Preparing For Growth

by Mark Friedman  on Monday, May. 5, 2014 12:00 am  

An artist’s rendering of the new CARTI cancer center planned for west Little Rock.

The new 170,000-SF cancer center is expected to slash CARTI’s expenses. Burford said she didn’t know exactly how much CARTI is expected to save when all of its doctors’ offices and support staff are under one roof in west Little Rock. It currently has 26 physicians and about 470 employees.

The savings from reducing expenses will be spent on more support services for patients, she said.

CARTI currently is renting 100,000 SF. For the fiscal year that ended June 30, 2012, CARTI spent $2 million on land and building leases, which was up 45 percent from the previous year, according to its Form 990.

The cancer center also will make it easier for patients who now have to travel across Little Rock to see different CARTI doctors for treatments.

The cancer center will offer medical, surgical and radiation oncology, diagnostic radiology and hematology services.

CARTI tried to design the building to be as “patient centered” as possible, Burford said. The four-story building will have five main entrances so patients can get inside the building as quickly as possible, she said.

The construction cost of the building is $60 million and the furnishing cost is $30 million. It is being paid for with revenue bonds, reserves and a $10 million capital campaign. So far, CARTI has raised $8 million and expects to receive the other $2 million by the time the center opens.

Nabholz Construction Corp. of Conway is overseeing construction of the campus. Perkins+Will of Atlanta is the lead architecture firm on the project.

 

 

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