Search
 

Issues Affecting Healthcare CRE Decisions

Declining reimbursements, lower market share and keeping up with physician recruitment are among the top challenges healthcare professionals face today that are informing their real estate decisions, Meridian's Andy Hoover tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on October 06, 2017

Andy Hoover Hoover: “Millennials, in particular, are less likely to have a relationship with a primary-care physician and want the convenience of an urgent-care center.”

IRVINE, CA—Declining reimbursements, lower market share and keeping up with physician recruitment are among the top challenges healthcare professionals face today that are informing their real estate decisions, Meridian‘s Andy Hoover tells GlobeSt.com. The San Ramon, CA-based real estate developer, which specializes in acquiring and developing real estate facilities for the healthcare sector, recently hired Hoover as VP of business development, based in the Irvine, CA, office. As part of that role, he will focus on facility acquisition for Meridian’s portfolio of medical-industry clients in the Southern California market.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.