CHICAGO—As reported earlier this week in GlobeSt.com, the number of Americans age 65 and older increased from 35 million in 2000 to 49.2 million in 2016, and this aging process, along with the growth in expensive, high-tech treatment options, has caused several shifts in the healthcare real estate market. And these new factors will continue dominating the sector in 2018.
“There are overriding pressures to reduce costs,” John Wilson, president of HSA PrimeCare, the national health care real estate division of Chicago-based HSA Commercial Real Estate, tells GlobeSt.com. As a result, providers across the nation have largely shifted to a more patient-centered delivery model, with smaller, cost-efficient medical clinics doing much of the work once handled by big hospitals.
Some of the savings will come from concentrating several specialties into one location, alongside more traditional doctors' offices. “If you need to see a specialist, it will be in the same building,” Wilson says.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
