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Advanced Diagnostics Files Bankruptcy on Walnut Hill Medical Center

Advanced Diagnostics Files Bankruptcy on Walnut Hill Medical Center
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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The Shocking Collapse of Forest Park Medical Center

After growing rapidly, how did Dallas' go-go luxury physician-owned hospital chain spiral so quickly into chaos?

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Aaron Miri named new chief digital and information officer at Baptist Health

Aaron Miri named new chief digital and information officer at Baptist Health
healthcareitnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from healthcareitnews.com Daily Mail and Mail on Sunday newspapers.

United-states , Dallas , Texas , American , Aaron-miri , Michaela-mayo , Ut-health-austin , Baptist-health , Children-health-system , Aaron , Us-health , Health-it-advisory-committee

Healthcare Real Estate Remained Resilient Despite the COVID-19 Pandemic

Healthcare Real Estate Remained Resilient Despite the COVID-19 Pandemic
Dallas led Houston and Los Angeles for healthcare real estate development during the past year.
By
Marc Flynn
Published in
Healthcare Business
May 12, 2021
9:00 am
Marc Flynn (Courtesy of: ERE)
The COVID-19 pandemic reinvigorated our conviction in the resiliency and recession-proof nature of healthcare real estate, insight we initially gleaned from the 2008 financial crisis. The healthcare real estate sector is built to succeed and supported by strong fundamentals including long-term leases, specialized build-outs, stable occupancy, and high performing tenants, all of which are bolstered by growing demand for healthcare services.
Over the last year, we saw shutdowns in every industry. Despite closures in healthcare, not only in routine visits, but also in outpatient procedures, the healthcare sector remained a stable environment for providers and investors alike. Even with halts in the delivery of care, consumer demand didn’t disappear as was the case in other industries. Instead, a backlog quickly developed, growing even more quickly with worsening conditions that were forced to go untreated. For almost all of our clients (specialty physician practices), procedure volume and patient visits in recent, recovering, quarters have exceeded production from previous years. In many other industry sectors including retail, dining, and hospitality, it’s unknown when consumer confidence will fully recover. Even once it does, those lost revenues cannot be recaptured as with healthcare. For comparison, although you may not have dined out for three months, you’re unlikely to go out for dinner exponentially more now, just so restaurants can make up for the lost revenue.

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