SCOTTSDALE, AZ–The battles before, during and after the passage of the Patient Protection and Affordable Care Act of 2010 have taken a back seat to the upcoming Presidential election. But continued concerns over health care reform’s impact on real estate remain front-and-center for health care providers and the real estate owners, developers and managers that service this particular sector.
It is these concerns, and others that will be addressed at this year’s fourth annual RealShare Medical Office Buildings conference, which will take place Monday-Tuesday, Nov. 14-15 at the Four Seasons Scottsdale at 1600 E. Crescent Moon Dr. The conference, produced by ALM’s Real Estate Media Group, which publishes Real Estate Forum and GlobeSt.com, will center on the impact of health care reform on providers, reimbursements . . . and real estate.
Health care systems’ action plans in the face of reform, along with changes in reimbursements, is leading to an interesting trends, namely that doctors are likely to become employees of hospitals and health care systems rather than having their own practices. This, in turn, is also going to impact medical office buildings and other related real estate.
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Kim Last, RealShare MOB’s conference producer, says that, to answer these issues and to provide more information to attendees, there are more health care providers on panels at this year’s conference than in years past. “We’ll have about 10 providers represented this year, as well as the large players from the medial REITs,” she tells GlobeSt.com. “This year, attendees will have a good idea of where the health care provider is coming from, what the battle plan is, and how that will impact real estate holdings and medical office buildings.”
Featured speakers on the medical side will include Mitchell Latinkic, vice president, global business development with MD Anderson Cancer Center; Sanford Smith, senior vice president, facilities with Hoag Memorial Hospital Presbyterian and Carondelet Health Network’s vice president ahd chief physician development officer Neil Carolan.
Meanwhile, industry specific real estate representative speakers will include Danny Prosky, president and CEO with Grubb & Ellis Healthcare REIT II; Mark Engstrom, executive vice president – acquisitions with Healthcare Trust of America and Sharon Harper, president and CEO with the Plaza Cos. The opening keynote address will be presented by J.R. Thomas, president and CEO of MedSynergies, who will discuss the impact of healthcare reform on physician development.
The conference itself will offer a variety of seminars and presentations ranging from “On or Off Campus – What is the Future?” to “Sourcing Capital: Are We Back to a Full Recovery?” Concurrent sessions, in the meantime, focus on everything from senior housing, to marketing and leasing medical properties, to net lease opportunities in health care real estate, to the new regulations that are occurring with health care reform.
One of the highlights of the day will focus on a case study concerning the merger between two of Arizona’s biggest health care players, Sun Health and Banner Health Systems, with focus on how the merger dealt with the real estate assets involved.
But this would not be a RealShare conference without plenty of opportunities for attendees to network throughout conference day on Nov. 15. Last says there are plenty of openings still available for the golf tournament taking place beginning at 12:30 p.m. on Nov. 14, which provides a great opportunity to network in a more relaxed setting, as does the following cocktail reception.
Between networking and information sharing, RealShare Medical Office Buildings has been geared to provide a good roadmap for those involved in medical real estate as health care reform issues continue to be sorted out.
“Participants should get a clear idea as to what the next six months should look like,” Last remarks. “They’ll also get an idea of what medical systems are planning for during the next two to five years.”
For more information about RealShare Medical Office Buildings, log onto http://www.globest.com/events/realshare_event/314284-1.html.
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