Becker's Healthcare August 5, 2024
Hospitals’ operating performance continues to show signs of improvement, but real estate is one key opportunity health systems should not overlook to bolster their balance sheets and help meet growth goals, Kaufman Hall said in its latest “National Hospital Flash Report.”
Healthcare real estate is a strong investment, as shown by its performance during economic uncertainty, including the COVID-19 pandemic. It can enhance a health system’s asset portfolio and offer flexibility to meet changing community healthcare needs.
“Throughout the pandemic, healthcare asset values stayed solid. Unlike other sectors of commercial real estate that are subject to economic cycles and market volatility, healthcare real estate is characterized by stable demand,” Steve Aleman, CFO of Ontario, Calif.-based Prime Healthcare, recently told Becker’s....