Healthcare Goes Big and Goes Retail

Changes in healthcare delivery are driving changes in how healthcare real estate gets developed, and it’s not only the Affordable Care Act behind the transformation.

Aging Baby Boomers and maturing Millennials are seeking more convenient access and more choices in healthcare. Meanwhile, efforts by health systems to provide care in more cost effective ways and places – and the efficiencies that come from putting primary care facilities in the same location as diagnostic tests and outpatient surgical facilities – are all playing a role.

The trend for more treatment to be delivered on an outpatient basis is driving some new approaches to design and development of healthcare real estate, says Katie Jacoby, SVP of Anchor Health Properties, developer of Nemours duPont Pediatrics, a $45-million, 65,000-square-foot facility in Deptford, NJ.

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Source: Publication: Real Estate Forum