Blog and News

Article written by: Shelby Livingston, Modern Healthcare, April 14, 2018

As the Trump administration and some in Congress whittle away at the Affordable Care Act, blue states are filling in gaps in an attempt to bolster their markets. Others are picking up chainsaws.

Federal moves to pull a form of financial assistance for low-income Americans and slash ACA outreach and advertising last year were followed by the GOP tax law's elimination of the individual mandate penalty, and a proposal to expand health coverage that disregards ACA rules and protections. A bipartisan bill to restore cost-sharing reduction payments and establish a federal reinsurance fund fizzled out... Read full article here.

temp-post-image

Read more

Article written by: Chilton REIT Team, Seeking Alpha, April 9, 2018

In 2018, we (Chilton REIT Team) performed another deep-dive into healthcare real estate, meeting with 20 REITs and key tenants, touring multiple properties, and looking for opportunities in the beleaguered space. What we found was not inspiring.

REITs that focus on higher-risk properties, such as senior housing, skilled nursing facilities (SNFs), and hospitals are trading at some of the lowest multiples in the REIT universe. However, fundamentals for these REITs continue to deteriorate, significantly reducing the predictability of future dividend growth... Read the full article here.

temp-post-image

Executive Managing Directors Todd Perman and Garth Hogan are attending the 9th Annual Becker's Hospital Review Conference in Chicago this week where Bill Clinton is a keynote speaker.

Commentary by: Garth Hogan, Executive Managing Director

In a speech made by Bill Clinton at the 9th Annual Becker's Hospital Review Conference in Chicago this week, Clinton gave a high level overview of his global mission to improve healthcare.

He has set up The Clinton Foundation which is guided by the belief that every problem has a solution and together, with a diverse set of partners, we can work to improve lives across the United States and around the globe. The Foundation has a wide range of initiatives, including the now independent Clinton Health Acces...

Read more

A total of 4 hospitals and 15 physician groups were acquired in March 2018. West Tennessee Healthcare Inc. acquired 3 Tennova hospitals in Tennessee for a total of 475 beds. American Physician Partners acquired Northeast Tennessee Emergency Physicians, a physician group in Kingsport, TN with 59 physicians. All 4 hospitals were acquired by larger health systems in their region. 11 of the 15 physician groups were acquired by other physician medical groups.

(Source: Irving Levin Associates, Newmark Knight Frank)

temp-post-image

Read more

A total of 71 medical office building transactions closed in the month of January totaling over $664 million or 2.56 million square feet. Wisconsin had the most medical office building transactions with 12 (17% of total), followed by Texas with 10 (14% of total). The average deal size was $17.8 million, and Aurora Health Care’s $160 million acquisition from Welltower was the largest transaction for the month. Aurora Health Care was also the most active buyer with this acquisition.

(Source: Real Capital Analytics, Inc.)

temp-post-image
Read more

Article Written by: Dylan Scott, Vox, March 6, 2018

Some of the biggest and most famous brands in America are making big bets on health care. The blue chips of Silicon Valley — Amazon, Apple, Google, Uber — have announced in the past few weeks they’re interested in disrupting an industry that has bedeviled us with rising costs and inefficiencies for decades... Read the full article here.

temp-post-image

Article Written by: Anthony Mirhaydari, Pitchbook, February 15, 2018

Financial markets are still reeling from the chaos seen earlier this month, with the Dow Jones Industrial Average suffering two 1,000-point drops for a decline of 10% from its recent high. The catalyst? Worries that higher inflation would force the Federal Reserve to quicken its rate hike pace, snuff out the economy's vitality, boost long-term yields and decimate bond prices, and increase the risk of a fresh recession... Read the full article here.

temp-post-image

Read more

A total of 6 hospitals and 7 physician groups were acquired in February 2018. Ascension acquired Presence Health, a 2,028 bed hospital in Chicago, IL. TeamHealth acquired Emergency Medicine Consultants Ltd., a physician group in Fort Worth, TX with 300 physicians. All 6 hospitals were acquired by larger health systems in their region. Out of the 7 physician groups, 5 were acquired by other physician groups and 2 were acquired by private equity firms.

(Source: Irving Levin Associates, Newmark Knight Frank)

temp-post-image

123 medical office building transactions closed in the month of December 2017 totaling over $1.7 billion or 5.4 million square feet. Minnesota had the most medical office building transactions with 26 (21% of total), followed by Georgia with 12 (10% of total). The average deal size was $20.8 million, and Harrison Street’s $401.4 million acquisition of the IRET MOB Portfolio represented the largest medical office transaction for the month. Harrison Street was also the most active buyer with this acquisition.

(Source - Real Capital Analytics, Inc.)

temp-post-image

Article Commentary by: Garth Hogan, Global Healthcare Services

Bisnow reports 5 trends in Healthcare design and construction to look for in 2018.

Article Written by: Travis Gonzalez, Bisnow, January 30, 2018

Last year was big for healthcare. The U.S.’ aging population and the growing demand for acute medical treatment led to a rise in urgent care centers while a shortage of doctors impacted how healthcare systems approach workflow efficiency… Read the full article here

temp-post-image

Read more

Download Our
Brochure

Sign Up for Our Newsletter

2017 Healthcare Real Estate Outlook