The healthcare sector is changing – not only in the methods used to treat patients – but in the methods used to structure the healthcare sector as a whole. In the past, aside from a few small family practices, almost all medical treatment necessitated going to a large regional hospital and navigating through endless floors of medical offices and treatment rooms.
The medical real estate sector is changing.
The focus of the healthcare industry is no longer on providing one large medical campus. It has turned creating smaller, patient-focused, medical office buildings or MOBs. Creating a mix of outpatient facilities and multi-specialty centers is improving the patient experience. Patients are flocking to these off-campus outpatient facilities. Rather than having to deal with a large and often confusing hospital campus, patients can come to a smaller medical center that groups similar services together in one easy-to-find package. Not only is this retail shift saving patient wait time, but it is reducing medical costs and streamlining treatment. [Read more…]