In order to minimize risk for consumers and professionals alike, properties across all sectors have implemented certain regulations and temporary restrictions throughout the on-going COVID-19 pandemic. Among the various spaces implementing precautionary measures, medical properties have endured the most drastic and imperative modifications.
As restrictions from entering healthcare facilities quickly progressed and patients increasingly avoided such spaces to avoid risk, the medical industry experienced a significant surge in telehealth appointments and virtual healthcare; with one report suggesting a 4,000% increase in telehealth patient volume during the early months of the pandemic outbreak.
However, throughout endless modified practices, the industry has reported steady rent collection within the sector, when compared to other markets, as these property types continue to allow the execution of essential work.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 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.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
