Articles and Blogs

1. A recent study found that the repeal of CON legislation leads to significant increases in the number of long-term acute care hospitals (LTACs) and also increases access to specialized medical care, particularly for elderly populations. Entry of LTACs into skilled nursing facility markets was associated with reduced hospitalization rates, contrary to prior studies.... READ MORE

Mayo Clinic (AZ) announced a nearly $1.9 billion expansion of its Phoenix, Arizona campus. The expansion includes 1.2 million square feet of space, featuring a new procedure building, an expansion of a specialty building, new patient units, and a new welcome area for patients. Farpoint Development, the owner of the former Michael Reese Hospital... READ MORE

A recent Revista blog post compared on-campus versus off-campus MOBs and ownership preferences for each. One interesting takeaway was that REITs own nearly 50% of their MOBs in an on-campus location—nearly the exact same percentage as hospitals. Private investors own nearly half of their MOBs between 1-5 miles away from a hospital. A recent... READ MORE

According to a new hospital construction survey from Health Facilities Management, the most common specialty hospital projects being planned are: 1) behavioral hospitals; 2) cancer hospitals; 3) children’s hospitals; 4) orthopedic hospitals; and 5) women’s hospitals. CBRE published the results of its Health Care Investor and Developer Survey. The most appealing health care assets... READ MORE

A recent Wall Street Journal article highlighted the growing trend of repurposing former hospital buildings into residential housing to address housing shortages, particularly in urban areas. Spending on this type of adaptive reuse more than doubled between 2022 and 2023. Southwest Florida continues to experience a hospital construction surge. Health providers announced plans to... READ MORE

After years of publishing the Weekly Health Care Real Estate Briefing, Andrew Dick and Joel Swider will be making a few changes to the format. No, they aren’t throwing in the towel. For most of their professional careers, Andrew and Joel have represented hospitals and health systems around the country on real estate transactions.... READ MORE

VMG released its 2025 Health System Leader Expectations Survey. Key findings inlcude: (1) recruitment and retention of physicians and expansion of the provider network are top challenges; (2) increased volumes and easing labor pressures will lead to stable or improved financial performance; and (3) health care leaders are most open to JVs in outpatient... READ MORE

Mercy Health (MO) is the latest health care company to take over vacant Walmart Health locations. Mercy has reopened three Walmart Health locations in Fort Smith, Rogers and Springdale, Arkansas. In April 2024, Walmart announced that it would close all 51 of its health clinics and shut down its virtual care platform. Hancock Health... READ MORE

President Trump’s first week in office ushered in a number of changes to health care policies, including an executive order rescinding President Biden’s executive order on lowering prescription drug costs. The president also selected Dorothy Fink, MD, as interim HHS Secretary. Nonprofit hospitals’ credit downgrades outpaced credit upgrades in 2024, according to a recent article. The... READ MORE

VMG Health published its Health System Leader Expectations for 2025. Key takeaways include: (1) Physician recruitment and retention is a top priority; (2) Increased utilization is the main driver of positive financial performance; (3) More value-based arrangements are expected this year; (4) Joint ventures will remain popular, especially in the ASC and behavioral health spaces;... READ MORE