[02/10/23]
Posted on February 10, 2023 in Health Law News
Published by: Hall Render
CVS Health announced plans to buy Oak Street Health for $9.5 billion in cash. Oak Street Health is a large primary care provider with 160 locations. CVS plans to grow the Oak Street business to 300 locations by 2026. Tower Health is planning to sell 17 urgent care centers in the coming months. The... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[02/03/23]
Posted on February 3, 2023 in Health Law News
Published by: Hall Render
The Biden administration announced plans to end the COVID-19 national emergency and public health emergency (“PHE”) on May 11, 2023. In the wake of this announcement, the Kaiser Family Foundation published a report on the repercussions of ending the PHE. The Consolidated Appropriations Act of 2023 will extend certain PHE-related coverage of telehealth, but... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[01/27/23]
Posted on January 27, 2023 in Health Law News
Published by: Hall Render
United Healthcare Group’s fourth-quarter earnings increase by 17% to $4.9 billion. Overall, its 2022 earnings rose 16% to $20.1 billion on revenue of $324 billion, a large increase from the previous $288 billion in revenue in 2021. This news comes on the heels of hospital providers reporting a tough year with many posting negative... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[01/20/23]
Posted on January 20, 2023 in Health Law News
Published by: Hall Render
Kaiser Family Foundation released a report answering FAQs on Medicare coverage for mental health and substance use disorder. As providers look to expand their mental health care services, one persistent issue is cost and reimbursement. The FAQ outlines which services are covered by Medicare in the wake of the Consolidated Appropriations Act of 2023... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[01/13/23]
Posted on January 13, 2023 in Health Law News
Published by: Hall Render
New reports outline the tremendous population and economic growth in Florida and in Texas. According to new Census data, Florida is the fastest-growing state for the first time since 1957, and Texas is in the mix as well. The Texas gross domestic product grew at 8.2% at the end of 2022, double the U.S.... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[01/06/23]
Posted on January 6, 2023 in Health Law News
Published by: Hall Render
JLL released its 2022 real estate trends summary. It noted that hybrid work is now a “non-negotiable component of the new social contract that employees seek.” It also noted the cautious tone of many real estate investors due to higher interest rates and a softening economy. Colorado’s fast-paced life sciences growth has created a... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[12/30/22]
Posted on December 30, 2022 in Health Law News
Published by: Hall Render
Hall Render’s Real Estate team wants to thank you for subscribing to our weekly health care real estate briefing. What started as a periodic LinkedIn post several years ago has turned into a weekly briefing that is published on LinkedIn and via email every Monday morning at 7 AM ET. It’s read by a... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[12/23/22]
Posted on December 23, 2022 in Health Law News
Published by: Hall Render
2022 was a year with high and low points for the health care real estate industry. This article summarizes a number of key takeaways and trends that we tracked over the past year. To subscribe to our weekly health care real estate briefing, click here. The Pandemic Largely Fades, but Still Lingers Early in... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[12/16/22]
Posted on December 16, 2022 in Health Law News
Published by: Hall Render
The U.S. Department of Labor released new Consumer Price Index (“CPI”) Data. The November CPI, for the period over the past 12 months, rose to 7.1%, down from 7.7% in October. The CPI peaked at 9.1% in June. A growing number of health care companies have received credit downgrades over the past few months according... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing
[12/09/22]
Posted on December 9, 2022 in Health Law News
Published by: Hall Render
Realtor Magazine released 10 Headwinds the Real Estate Market Faces Next Year which include: 1) Inflation and interest rates; 2) Hybrid work models; 3) Labor shortages; 4) Housing imbalances; and 5) ESG requirements. On November 30, FASB proposed several changes to its lease accounting guidance for legally enforceable terms and leasehold improvements involving related-party... READ MORE
Tags: Health Care Real Estate, Weekly Real Estate Briefing