Blog and News

Article written by: Berkeley Lovelace Jr., CNBC, June 24, 2019

President Donald Trump on Monday issued an executive order designed to pressure insurers, doctors and other health-care providers to disclose more information about their prices.

The executive order will direct the Department of Health and Human Services to require hospitals and insurers to disclose negotiated rates for services, as well as provide patients with out-of-pocket costs before their procedures... Read the full article here.


Article written by: Alex Kacik, Modern Healthcare, April 18, 2019

Global private equity-backed healthcare deals rose almost 50% to $63.1 billion in 2018, the highest level since 2006, according to a new report.

The provider sector continued to be the most active, with global transaction value surging to $35 billion across 159 deals, compared with $18.9 billion across 139 deals in 2017, Bain & Co.'s 2019 private equity and corporate M&A report found... Real the full article here.


Article written by: Bob Herman, Axios, February 21, 2019

Americans spent $3.65 trillion on health care in 2018, according to new preliminary estimates from independent federal actuaries. That total is about the same size as Spain and Canada's entire economies — combined.

Why it matters: U.S. health spending last year was 4.4% higher than in 2017, a rate that is still growing faster than the broader economy — which means more money is being taken out of people's paychecks to pay for a system that continues to worry and frustrate patients... Read the full article here.


Article Commentary by: John Cobb, Global Healthcare Services

Imagine having financially prepared and discovering that instead of covering your expenses in the coming year, you would fall short for the next two years and the only solution was to cut 2% off of your annual budget? In the case of a recent cost reduction article, that 2% equated to $50 million.

Starting in 2016, Brigham and Women’s Hospital in Boston, MA has undergone a major cost-cutting drive. Staff buyouts, operating room schedules, new performance metrics, and medical supply spend reductions are among the steps described to reduce expenses while protecting quality of care. One surprising cost reduction came through mattre...

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POST WRITTEN BY | Chuck Sudo | Forbes

The transition of healthcare real estate to a convenience-based model in recent years has been driven by two primary factors: a shift in the balance of inpatient and outpatient revenue streams, and data analysis. Taking care of patients today can be as much about technology and records sharing as it is about doctor-patient interactions.

Gensler Design Director Randy Guillot said the shift in revenue generation toward outpatient care has larger healthcare groups focusing on personalized care for the aging baby boomer market. More capital these days is being earmarked for tech and wellness-based care because boomers are demanding a personal touch with regar...

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Making the decision to renovate, redevelop or raze underutilized health care facilities

May 3, 2017 Michael Hanley, AIA, LEED AP BD+C and Randy Guillot, FAIA, LEED AP

Dotting the landscape throughout this country are underutilized or shuttered health care facilities. Although there are no hard data detailing their provenance, many likely were built between the late 1940s and late 1980s and can be traced to the Hill-Burton Act of 1946, which ignited a health care building boom.

What becomes of these buildings that are mothballed or rendered obsolete by an array of circumstances and challenges that includes everything from declining reimbursements to a rapidly changing model of care to deferred ...

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Written by Morgan Haefner | May 15, 2017 | Becker's Healthcare

Ascension's operating income climbs 41%: 5 things to know

St. Louis-based Ascension reported an operating margin of 3.8 percent for the nine months ended March 31, compared to an operating margin of 2.8 percent for the same period a year earlier, according to unaudited financial documents.

Here are five things to know about Ascension's most recent financial results.

1. The roughly 140-hospital system partially attributed its operating results to a year-over-year increase in net patient service revenue of $990 million. Ascension said the increase represents an uptick in inpatient and outpatient volumes from its acquisition of Glendale...

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Newmark and its Global Healthcare Services group has recently published its 2017 Healthcare Outlook report, and has found that despite copious uncertainties in healthcare legislation, demand for healthcare real estate investment sits at an all-time high. There is also an increased demand for capital and cost reduction, driven by consolidation and the need for innovation, which is related to consumer demands for improved access and better patient outcomes. A transition has also been taking place in construction, rental rates and absorption, as consumer demands and trends continue to evolve. The report goes into detail on four key trends outlined by the Healthcare Financial Management Associat...

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The Global Healthcare Services U.S. Healthcare Real Estate Outlook 2017 covers this year's trends in consolidation, need for capital, uncertainty with healthcare reform, value based care and consumerism as well as continued investment demand for acquiring healthcare assets. The healthcare industry continues to evolve, as it responds to the twin mandates of serving a growing patient population while controlling the rapid increase in the price of the services it delivers.

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