Hospitals Repurposing Real Estate for Innovation Hubs |
A recent article from Advisory Board found that as hospitals and health systems refocus on optimizing their real estate footprint in a post-pandemic environment, several companies have been repurposing old facilities and investing in new opportunities to create hospital innovation hubs. Health systems are transforming clinical, administrative, or even outdated, underperforming higher-acuity spaces into Silicon Valley-inspired incubators.
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12 Healthcare M&A Transactions Announced in Q1 2022 |
In the first quarter, Kaufman Hall reported 12 M&A transactions in its Healthcare M&A Activity Report: Q1 2022, similar to the 13 announced transactions in Q1 2021. The major healthcare M&A theme for 2021 indicated that although there were fewer transactions, the size of the transactions by revenue was at an all-time high.
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Three Ways Hospitals Can Address The Nursing Shortage |
The nursing labor shortage remains an issue for the healthcare industry. Turnover within hospitals and health systems is at an all-time high, with many nurses leaving the profession altogether. Staffing issues and ongoing financial constraints, in the wake of the pandemic, are causing major operational challenges.
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300 Medical Office Building (MOB) Properties Totaling $3.5B Closed in Q1 2022 |
MOB transactions started off the year with 300 properties closed in the first quarter, totaling $3.5 billion in transaction volume, an 84% increase compared to the first quarter of 2021. Cap rates continue to compress, with the overall average slightly up to 6.1% compared to 5.9% in the fourth quarter of 2021.
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Crossbridge Behavioral Health
Montgomery, AL
Total SF: 41,326
Price: $13,400,000
GHS is pleased to announce the sale of an inpatient / outpatient psychiatric care center that is 100% leased by Baptist Health, an affiliate of UAB Health System (Moody’s A3). The facility features 60 Certificate of Need (CON)-licensed beds and is located adjacent to Baptist Medical Center South, a 492-bed Acute Care Regional Referral Center.
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Todd Perman, CCIM
Vice Chairman
t 678-521-3454
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Global Healthcare Services Team |
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Chris Gordon
Senior Managing Director
t 214-335-3923
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John Cobb
Managing Director
t 404-547-2009
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Richard Gerakitis
Associate Director
t 404-408-4828
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Bryan Walsh
Associate Director
t 847-363-4050
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Chris Witcher, CCIM
Associate Director
t 404-583-6757
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Eric Murphy
Managing Director
t 770-354-8907
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