Weekly Hospital Actual Property Briefing: New MOB Rents Rising Quicker than These in Present MOBs | Texas to Fund $239M in BH Development Grants

1. Texas Governor Greg Abbott introduced that the state will award $239M in building grants to develop and enhance entry to inpatient behavioral well being care in rural components of Texas. The funding will help as much as 332 new beds.
2. DispatchHealth and Medically Residence introduced a merger that can create the nation’s largest house well being supplier, with 50 main metro areas coated and partnerships with almost 40 well being techniques.
3. A latest report mapped so-called “medical deserts” all through the nation, discovering that round 20% of U.S. counties require residents to drive a minimum of half-hour to the closest hospital. The states with probably the most medical deserts are AK, ND and MO.
4. A latest survey of hospital managers and executives ranked the largest challenges to day-1 operational readiness for building tasks. The highest challenges have been: (i) lack of in-house experience and staffing numbers to handle the processes and techniques concerned; (ii) constructing tools and techniques that have been improperly specified; and (iii) having too many challenge modifications throughout the design and building course of.
5. New knowledge confirmed a 12% year-over-year enhance in the price of finishing new MOB tasks. It additionally indicated a 30% rise in new building MOB rents over the previous seven years, in contrast with a 15% enhance in current properties over the identical interval.
6. HHS has begun issuing termination notices to staff as a part of wide-reaching federal job cuts, which can complete roughly 10,000 staff amongst CMS, CDC and different HHS companies.
7. VMG Well being printed a report highlighting the professionals and cons of site-neutral fee laws, which seeks to equalize Medicare reimbursement charges throughout completely different care settings. Website-neutral funds stand to avoid wasting Medicare billions of {dollars} and scale back out-of-pocket prices for sufferers who pay greater copays for hospital-based providers. Opponents argue that such insurance policies don’t account for variations in building and upkeep prices and will pressure costlier settings (e.g., hospitals) to scale back providers.
8. Nebraska Drugs shared particulars on the way it plans to “future-proof” its upcoming $2.2B hospital. One technique is the so-called “common room” that has adaptable options to accommodate a wide range of acuity ranges, in addition to app-based controls to accommodate affected person wants like in-room temperature, window blinds and meals orders. Every room prices over $2M to construct out.
9. Kaiser Permanente began building on one of many first hospitals in California that shall be absolutely powered by renewable electrical sources as a substitute of fossil fuels. The hospital shall be situated in Sacramento’s Railyards district and have 310 beds.
10. Memorial Hermann mentioned new strategic expansions within the Houston space, together with developments in Cypress, Katy and Sugar Land, with the aim of lowering transfers of sufferers going through advanced care. The well being system has 134 Houston-area acute-care beds and 262 rehabilitation beds.

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