Stan Chiu of HGA Architects & Engineers Stan Chiu of HGA Architects & Engineers

Healthcare is moving away from a direct ownership model and toward aggregation with a cohort of operators contributing to a single facility. Aggregation, in general, has become popular in the last decade, with companies like Airbnb, Uber and even Amazon focused on connecting supply with demand rather than owning and selling goods.

“This is an approach to organizing things that is really about aggregation more than ownership,” Stan Chiu a principal at HGA Architects & Engineers, tells GlobeSt.com. “Companies like Amazon, Airbnb and Uber have a business model that is about connecting needs with people. Prefabrication really lends itself to that. We are at a place in time culturally where we are able to do an Airbnb-type model for healthcare.”

Healthcare owners and operators have been moving toward prefabrication or modular construction as a way to, first, save on construction costs, but, more importantly, to save on operations costs—which can be crippling to healthcare providers. The standardization that comes with prefabrication makes it easy to have one company manage patient beds, another bathrooms and yet another company will handle the OR. “We are able to handle this kind of complexity and the interface between those connections is really important,” says Chiu. “We are able to handle this in a way that we weren't 15 years ago.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.