CHICAGO—The US healthcare market has been roiled by changes in the past few years, and that has created many opportunities for real estate developers. The expansion of health insurance brought in more patients, but the drive to cut costs and boost efficiency is also transforming the provision of care.
According to Bob Smietana, chief executive officer of HSA Commercial Real Estate, the old model of big, centralized hospital campuses is probably gone, and providers now need whole new sets of facilities, a process still in its beginning stages.
“Healthcare is now being delivered in locations convenient to the consumer,” he says in a just-released video that provides a look ahead to the US healthcare market's prospects in 2018. “We're going to start to see more outpatient facilities located in the neighborhoods and communities. That's going to continue.”
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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.
