Healthcare property developers are starting to think smaller and this mindset is leading to more microhospitals, according to an article on the Real Estate Business website.
Micro hospitals are a hybrid of urgent care centers and hospitals. They offer an average of eight to 12 beds and have between 15,000 and 50,000 square feet.
They usually cost $7 million and $30 million.
When considering where to build a micro hospital, developers are encouraged to pinpoint high-visibility sites within 20 miles of a major hospital. This enables them to tap directly into the smaller submarkets for which micro hospitals are intended, the article said.
From Downtime to Data: Rethinking Restroom Reliability in Healthcare
LeChase Building Four-Story Addition to UHS Delaware Valley Hospital
AdventHealth Sebring Breaks Ground on Expansion Project
Regulations Take the Lead in Healthcare Restroom Design
AHN Allegheny Valley Hospital Opens Expanded Inpatient Rehabilitation Unit