Articles and Blogs

In recent years, several actions by legislatures and courts across multiple states have challenged the tax-exempt status of nonprofit hospital property. Actions have ranged from proposed legislation in Indiana to eliminate the property tax exemption for nonprofit hospitals to a New Jersey Tax Court that ruled a hospital was not entitled to a property... READ MORE

As COVID-19 cases stay relatively low and the number of vaccinated individuals continues to increase, health providers are faced with a new normal for operating medical office space in a safe and sanitary manner. In order to avoid potential liability from tenants, patients and other visitors, medical office landlords should update facility management plans... READ MORE

With over three million people receiving a COVID-19 vaccine daily in the United States, the return to every day, pre-COVID life seems tantalizingly close. Yet, the economic effects of COVID-19 are unlikely to subside immediately. Health care real estate was and is not immune to the pandemic (although the industry’s “symptoms” are mild when... READ MORE

With the transition towards value-based care, more health care providers recognize environmental factors play a significant role in health outcomes. As highlighted in a recent Hall Render article, these environmental factors, otherwise known as social determinants of health (“SDOH”), are the conditions in which people are born, live and age that affect one’s quality-of-life... READ MORE

December 2020 was one of the deadliest months of the COVID-19 pandemic. Approximately 77,000 people died from the disease, and over 6.4 million tested positive with daily COVID-19 counts averaging over 205,000 cases. Yet despite these increased numbers and the corresponding effect on the domestic and global economy (another 140,000 workers lost their jobs... READ MORE

The Centers for Medicare & Medicaid Services (“CMS”) recently adopted its Final Rule (the “Final Rule”) modifications to the Stark Law aimed at modernizing and clarifying various regulations. Two such changes are universally relevant, but particularly so for those who practice in the health care real estate realm. For an overview of all changes... READ MORE

On November 20, 2020, CMS issued its Final Rule (the “Final Rule”) modifying various Stark Law regulations, including those specifically geared toward real estate arrangements. For a general overview of the Final Rule, please see Hall Render’s alert on the subject and our overview webinars on December 1 and December 8. This alert provides... READ MORE

Many clients have inquired about what they can do to ensure adequate safety precautions are being observed in their medical office buildings. A recent study found that 61% of Americans are not confident or only slightly confident that public spaces have the guidance needed to open safely. Another study found that 44% of respondents... READ MORE

In the early morning of Thursday, August 27, 2020, Hurricane Laura made landfall along the southern coast of Louisiana and Mississippi as a Category 4 storm, causing significant property damage to commercial properties, including health care facilities. As nonprofit hospitals and health systems assess and fix the damage resulting from natural disasters like Hurricane... READ MORE

The health care real estate industry has not been immune to the COVID-19 pandemic as evidenced by a lower volume of medical office building sales in the second quarter of 2020. Even so, many current trends in health care real estate existed prior to the COVID-19 outbreak. The outbreak largely amplified, rather than created,... READ MORE