Articles and Blogs

A recent article highlighted frictions between the development of behavioral health hospitals, which many advocates argue are necessary, and local resistance from neighbors who fear such facilities might undermine the neighborhood’s character. After recently breaking ground on a $777M cancer facility in Sugar Land, TX, MD Anderson announced that it is continuing to evaluate... READ MORE

We are taking a break from our regular briefing this week to focus on a list of trends we are seeing in the market. Take a look at our list—if we didn’t cover a trend you are seeing in the market, send us a note. We always enjoy hearing from our readers. As always,... READ MORE

Texas Governor Greg Abbott announced that the state will award $239M in construction grants to expand and improve access to inpatient behavioral health care in rural parts of Texas. The funding will support up to 332 new beds. DispatchHealth and Medically Home announced a merger that will create the country’s largest home health provider,... READ MORE

North Carolina lawmakers have introduced two legislative bills designed to repeal the state’s Certificate of Need (CON) law. Supporters claim the current CON law slows down the process of establishing new hospitals and health clinics and has led to North Carolina being one of the highest cost health care markets in the country. Vermont... READ MORE

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