Healthcare Real Estate 2018 Outlook, Part 3
The business of healthcare has been disrupted by the confluence of decreased demand resulting from payer transformation from fee to value, emphasis on wellness and prevention, higher out-of-pocket obligations, reduced collections, and the increasing sophistication and demands of the consumer. Concierge medicine, virtual care, and retail health are now common terms within the industry’s lexicon.
Providers are responding to disruption by consolidating, restructuring, and optimizing their asset portfolios. For 2018, we see the following market dynamics continuing:
Patients, payers, physicians’ preferences for outpatient care, and increasing competition will require providers to think differently about where, what, how, and with whom they locate their physical assets.”
Managing Director, Healthcare Real Estate Group