Articles and Blogs

Northwell Health (NY) hired a Michelin-star chef to create healthy patient meals without increasing the hospital’s food costs. NPR ran a national story about the hidden costs and perverse incentives when real estate lawyers serve as title agents on a transaction. Investment bank Piper Sandler and Hall Render Advisory’s John Marshall published a whitepaper... READ MORE

Site Selection Magazine released its 2022 Business Climate Ratings. The top 5 states in terms of business climate were: Virginia, Georgia, Texas, North Carolina and Arizona. Roper St. Francis announced plans to invest $1 billion to build a new hospital campus in North Charleston, South Carolina. The campus will include a full-service hospital, medical... READ MORE

The Architectural Billings Index showed the first decline in overall billings at architectural firms since January 2021, indicating that cost pressures on construction projects are easing and maybe even starting to decrease, along with backlogs of projects at architectural firms. Rendina Healthcare Real Estate acquired a portfolio of 12 medical office buildings in a... READ MORE

Forbes released The Top 10 Healthcare Industry Predictions for 2023 which includes a focus on 1) Medicare Advantage; 2) Changes in how PE and VC funds look at health care opportunities; 3) The impact of technology and retail on health care; 4) Changes in home care; and 5) Changes in how providers view value-based... READ MORE

Health care experts are concerned the U.S. could face a “tripledemic” this winter if cases of Covid-19, the flu and RSV all surge at the same time. Some experts are concerned that hospitals may be overwhelmed as a result of staffing shortages. After Hurricane Ian made landfall in southwest Florida, communities continue to grapple... READ MORE

President Biden said the Covid-19 pandemic was over during an interview on “60 Minutes.” Some health experts responded that the president’s declaration was premature, while others have said the Biden administration should end the public health emergency, which would cause ripple effects throughout the U.S. health care system, including telehealth and drug prescribing. A... READ MORE

The Department of Labor released new consumer price index (“CPI”) data. The CPI rose 8.3% over the past 12 months, down slightly from previous reports. The average household is spending $460 more each month to buy the same basket of goods and services as last year according to a Moody’s expert cited by the... READ MORE

Wellstar Atlanta Medical Center made a decision to close its doors effective November 1, 2022. The hospital, which incurred a $107 million loss last year, said it had been battling decreased revenue and increased staff and supply costs. The 460-bed hospital is currently one of two Level 1 Trauma Centers in Atlanta. A Federal Reserve... READ MORE

Our Health Care Real Estate Briefing is your comprehensive summary of weekly health care real estate highlights happening across the nation. 1. Last week, we highlighted Arizona’s spending to house Medicaid recipients experiencing homelessness and mental health issues. This week, the focus on housing turns to hospital employees. Affordable housing continues to be a... READ MORE