Healthcare Real Estate Sector Remains Strong

Telehealth will supplement patient care, changing the needs of the facility


As COVID-19 continues to upend the commercial real estate market, one sector has proven immune: healthcare. U.S. health expenditures are projected to continually increase, making medical facilities in high demand. However, how most patients will access these facilities is changing, according to a premium article on FacilitiesNet.com

The pandemic forced many patients to use virtual visits to safely see their healthcare provider. Now with telehealth commonplace, this trend will continue even after the coronavirus threat declines. One healthcare facility management firm estimates that 20 percent of future medical visits will be done virtually. 

But the rise of telehealth will not impact the demand for, or size of, healthcare facilities. Instead, the technology will supplement patient care. For example, initial consultations may be done virtually, but then future appointments handled in person at the facility. Another example could be eliminating or reducing the size needed for patient waiting areas and using technology to check patients in. 

Click here to read more about the healthcare market, in addition to other real estate sectors (access to the article requires a fnPrime membership). 



January 29, 2021


Topic Area: Information Technology


Recent Posts

What Healthcare Facilities Can Learn from a $49 Million Window Failure

A major window system failure at the University of Iowa’s Children’s Hospital sparked a costly replacement project – and a $49.4 million arbitration win.


Family Care Center Opens Newest Clinic in Memphis

It has expanded to offer comprehensive mental health services for all ages in Germantown neighborhood of Memphis.


More Than 700 Rural Hospitals Join Microsoft Cybersecurity Initiative

The initiative, created in concert with the AHA, includes free and heavily discounted cybersecurity services and more.


Fire at Assisted Living Facility Kills 9, Injures 30

Half of the building’s residents were evacuated through small windows.


North Carolina Children's Health Selects Apex for Campus Location

The groundbreaking is anticipated to happen in 2027.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.