Low interest rates combined with increased regulation requiring lenders disclose all associated fees help make this an optimal time for getting the financing you need to grow your office. Whether you are looking to expand your practice or grow your medical real estate portfolio you can use the current financing environment to your advantage. At Arizona Healthcare Realty we help physicians, dentists, optometrists and veterinarians expand their practices and investment portfolios through strategic commercial real estate strategies. Contact us for a complementary review of your existing leased or owned commercial real estate portfolio
“Urgent-care centers are on the rise, driven by an aging population and increasing numbers of people with health insurance. Traditional health-care providers are getting into the game.”
“Why the leadership industry rules”
Doctors are often accused of not being good business men or leaders. The good news? That sentiment is often based on a faulty view of an effective leader. We now know, effective leadership is doing little things right, every day. Process Leadership yields greater results then a “Rock Star” CEO ever will. Process Leadership is a learnable skill that requires attention to detail and consistency which are traits where doctors excel.
Arizona Healthcare Realty, Tenant and Buyer Commercial Real Estate, Serving Doctors since 2009
Every year the CFO from Deloitte issues his state of the union for various industries. There were some interesting items in the 2016 Health Care Providers Industry Outlook – The CFO weighed in on the healthcare change from volume to value and how all doctors (including dentists, medical practitioners, and veterinarians) benefit from the game change. Deloitte also addresses how changes in patient needs can be addressed through medical/dental technology and the need for correctly positioned commercial real estate investments and targeted medical practice value propositions. (Click here for full report)
Many doctors nearing retirement or transition begin to question how impactful they will continue to be at the end of their careers. This Barron’s article gives a great example of continuing to influence for good, long after you have stopped looking after the health of your patients. Build a retirement that reflects who you are.
Healthcare consolidation is an inevitable consequence of the current medical environment. As a doctor, it is essential to know the value of your practice and how to position that value when considering the merger or sale of your practice. We advise our clients, at a minimum, to consider the following items in a merger: Does the level of care of the group you are considering match your level of care for your patients? What are the future plans of the group? Growth or sale?, What is the management structure of the group? What benefits does the group bring for the individual practitioner? Are there considerations for group ownership in profit centers such as surgery centers or real estate? Yes, while the medical industry is trending towards consolidation, always take a thoughtful approach with the right advisors.
Medical projects are gaining favor with investors. There are many ways for a practitioner to take advantage of the opportunity — Start with this: (1) Understand your strength as a tenant and how to leverage that into a real estate project and (2) Build a good team of advisors. Learn more by clicking here.
The Wall Street Journal reports that strains of the ACA are showing as insurance companies limit their number of providers. In Arizona, Aetna specifically will offer a program called Lead in which they have negotiated to only use Banner Healthcare providers.
This is a personal note to the Doctors who own and dream of owning their practice. Don’t let news like this discourage you! Quality and personal care is still in demand. (Click here for an example) Look at the changes in medical care as motivation to connect with your patients, find their real needs and adapt your marketing and business plans to this challenge.
Much like the Blue Angels….. all dentists are on the same team and should support one another toward a common goal. Here is an inspiring article written by a Seattle dentist, Dr. Joe Vaughn, who urges the dental community to unite and become advocates for their profession.