Becker's Healthcare August 2, 2024
Owning real estate can be expensive in 2024, but it comes with several benefits for physicians who own or are looking to own their own practice.
Collin Hart, CEO of Healthcare Real Estate Advisors, discussed with Becker’s the pros and cons of self-owning a facility versus leasing a space.
Question: What are the pros and cons of owning your own facility?
Collin Hart: Owning your practice or ASC real estate is a great way to control the destiny of your operation. Real estate ownership provides certainty in terms of patient experience and occupancy cost, which are welcome additions to today’s challenging healthcare environment. Conversely, over time, the delivery of care has changed and often requires less space...
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