HPRG’s Healthcare Checkup
If ever we needed HPRG principal Charles Feitel to make sense of our chaotic healthcare world, it’s now. When the Affordable Healthcare Act passed in 2009, all heck broke lose: Doctors had to hustle as well as heal. The result, Charles points out, is that major healthcare systems got into the commercial real estate business, acquiring practices and properties. In the past six months, he says, this trend slowed. Physicians are boldly attempting to make it on their own or huddling up with other physicians and forging their own systems (say hello again to private-pay models). This is good news for the commercial real estate industry, as equity-hungry physicians rush to buy office and lab properties (or even sign leases, as opposed to signatures by the big-boy healthcare behemoths).