Commercial Observer

Healthcare providers consolidating practices, shrinking spaces

Affordable Care Act, high real estate prices and greater demands for efficiency are spurring smaller, altered spaces that get patients in and out easier and faster

By Healthcare Facilities Today


The Affordable Care Act, high real estate prices and greater demands for efficiency are spurring smaller, altered healthcare spaces that get patients in and out easier and faster, according to the Commercial Observer website.

Perhaps the biggest change for the real estate industry is the move away from overnight stays in hospitals to shorter-term stays in ambulatory care facilities, the article said. Another shift is the absorption of small practices by larger organizations that are multispecialty and multi-location. 

There are also urgicenters and retail establishments like Duane Reade and CVS that are administering medical treatment and adding to the shift away from a clinical experience to one more akin to shopping, according to the article.

Read the article.

 

 

 



March 19, 2014


Topic Area: Renovations


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