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Hospital Real Estate Briefing

Weekly HCRE Briefing: Major Health Systems Announce Outpatient Strategies | Top U.S. Regions for HealthTech Investments | NC Court to Review State’s CON Law

[10/25/24]

Posted on October 25, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

A new report from Silicon Valley Bank analyzes the state of the health care technology market. The top U.S. regions for health care technology companies are New York, San Francisco, Massachusetts, Austin and Nashville. Nearly half of all health technology investments this year have gone to AI companies. Executives at several health systems announced... READ MORE

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Weekly HCRE Briefing: SNF PE Firm’s Bankruptcy Filing Alleges Real Estate Lending Scheme | Health Systems Continue to Invest in Spine and Ortho Facilities Nationwide

[10/18/24]

Posted on October 18, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

Goldner Capital Management, a private equity firm once prominent in the SNF sector, has filed for Chapter 11 bankruptcy, attributing a Covid-era lending scheme. Goldner claims an affiliate of one of its lenders leased or subleased 20 Goldner facilities and then stopped paying rent, causing a lease default that allowed the lender to seize... READ MORE

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Weekly HCRE Briefing: States and Nonprofits File Suit Against CMS Over SNF Minimum Staffing Rule | Lease-Purchase Agreement on the Ballot in Palm Springs

[10/11/24]

Posted on October 11, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

Nonprofit health care providers affected by Hurricanes Helene and Milton may qualify for FEMA relief under the Stafford Act. Hall Render published a recent article with tips on applying for disaster relief. Twenty states and 19 nonprofit organizations filed a lawsuit against HHS and CMS over recent nursing home minimum staffing mandates. The plaintiffs allege... READ MORE

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Weekly HCRE Briefing: CA Gov. Vetoes Health Care Private Equity Bill | ASC Growth Expected in Southeast | AHR Acquires Remaining Stake in Trilogy

[10/04/24]

Posted on October 4, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

California Governor Gavin Newsom has vetoed a bill that was designed to restrict private equity and hedge fund investments in the health care industry. Governor Newsom said the California Office of Health Care Affordability has sufficient authority to regulate health care transactions. Brookdale Senior Living announced plans to acquire a portfolio of 41 senior... READ MORE

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Weekly HCRE Briefing: Interest Rate Cut Expected to Drive Health Care Development and Acquisitions | Trinity Health Creates Community Division | Ascension’s Recent Market Realignment

[09/27/24]

Posted on September 27, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

Over the past 12 months, Ascension has undergone a significant market realignment, including a strategic exit from several markets and service lines. Hospitalogy created a helpful graphic showing the health system’s larger divestments and joint venture transactions over the past year. Four health systems are vying for CON approval to build over $1B of... READ MORE

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Weekly HCRE Briefing: CCRCs See Rise in Memory Care Units | Ascension/Birmingham Heart Enter JV for Cardio ASC | Issues to Consider When Selling a Medical Practice

[09/20/24]

Posted on September 20, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

The number of memory care units within continuing care retirement communities (CCRCs) continues to grow, and occupancy rates for such units are also on the rise, fueled in part by operators downsizing their skilled nursing facility (SNF) footprints within CCRCs. CCRC memory care occupancy was 89.7% in Q2 2024, up 3.7% year-over-year. Senior living... READ MORE

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Weekly Health Care Real Estate Briefing: Health Systems Shift Inpatient Spending to Outpatient and Medtail Footprints | Join Our Upcoming HCRE Trends Webinar July 23 | US Senate Bill Would Criminalize Financial Mismanagement by PE Health Care Investors

[06/20/24]

Posted on June 20, 2024 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

Health systems are planning more construction projects focused on long-term growth and outpatient care, often renovating and repurposing existing facilities to support new services, according to a recent Modern Healthcare survey. While demand for inpatient beds remains strong, many health care organizations are focused on growing their outpatient and “medtail” footprints to better position... READ MORE

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Weekly Health Care Real Estate Briefing: $69M FCA Settlement Involved Non-Market Leases | SNF, Assisted Living and Senior Housing Show Signs of Rebound | HCRE Design and Construction Trends

[05/11/23]

Posted on May 11, 2023 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

A regional hospital system in Michigan and two physicians recently paid over $69M to settle False Claims Act allegations. Two of the major FCA allegations involved leases: One was an equipment lease from a physician-owned entity to the hospital that was not negotiated at arm’s length; the other involved the hospital leasing space to... READ MORE

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Weekly Health Care Real Estate Briefing: Diversified Healthcare Trust to Merge with Office Properties Income Trust I Optum Becomes A Lender To Physician Practice Groups I New Hospital Construction Cost Data

[04/21/23]

Posted on April 21, 2023 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

Diversified Healthcare Trust (DHC) will merge with Office Properties Income Trust (OPI) in an all-stock transaction. DHC owns 379 health care properties valued at an estimated $7.1 billion. OPI owns 160 general office properties with a $577 million market cap. Optum is now in the business of providing loans to physician practice groups. This is another way Optum... READ MORE

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Weekly Health Care Real Estate Briefing: Advocate Health Will Reduce Leased Footprint by 65% | Medical Properties Trust Expects $300M Charge to Earnings | New Episode of HCRE Advisor Podcast with Vikas Sunkari of SSM Health

[04/13/23]

Posted on April 13, 2023 in Health Law News, Hospital Real Estate Briefing

Published by: Hall Render

The nation’s fifth-largest health system operator, Advocate Health, has developed a new strategy of cutting costs through staff attrition (rather than layoffs) and has delayed some capital projects. In response to recent economic challenges, Advocate also said it will reduce its leased space footprint by about 65% over the next four years. In the... READ MORE

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