Medical Office Building Sector Prepares for Changing Industry

As the number of Americans over age 65 climbs to more than 18 million in the next decade, industry experts predict shifting demands for medical office facilities, according to Marcus & Millichap’s 2013 Medical Office Research Report.
The roll out of the Affordable Care Act in 2014 and beyond will create new dynamics in the medical office sector. With an estimated 25 million previously uninsured Americans gaining access to coverage by 2016, healthcare facilities must be better equipped to handle increased patient volumes. In addition, an estimated 130,000 physicians are scheduled to retire by 2025, requiring health systems to become increasingly creative with virtual strategies and other technology-related solutions to remain profitable and manage patient loads with fewer on-site staff members. (CCIM)