As part of Transwestern's "Insights + Trends + Opportunities" report for the first quarter of 2014, Brandy Bellow Spinks wrote about the Affordable Care Act’s impact on medical office buildings.
According to the article, physicians and patient referrals are lifelines that determine the financial success of hospital systems. Likewise, more physicians are relying on hospital systems for financial stability in today’s changing healthcare sector.
"Hospitals and physicians have embraced one another to withstand recent transitions brought on by the Affordable Care Act (ACA), which diminish reimbursements for both parties. The legislation also requires physicians to spend precious capital to meet technology requirements, which have left many physicians in a precarious financial position.
"In a defensive maneuver, hospitals are preserving their admission revenue by acquiring physician practice groups. Contrary to public perception, this paradigm shift evoked by the ACA will have an overall positive effect on medical office buildings and healthcare facilities over the long term," Spinks wrote.
Download the report.
Case Study: How NYU Langone Rebuilt for Resilience After Superstorm Sandy
Frederick Health Hospital Faces 5 Lawsuits Following Ransomware Attack
Arkansas Methodist Medical Center and Baptist Memorial Health Care to Merge
Ground Broken on Intermountain Saratoga Springs Multi-Specialty Clinic
Electrical Fire Tests Resilience of Massachusetts Hospital