Archive for August, 2015

26 Aug 2015

The Affordable Care Act’s impact on health care real estate

By: Robert Smith,CCIM, SIOR, President Lockard Companies
_Five Star ER Round Rock Texas 3

Five Star ER Round Rock, TX

For the all the controversy surrounding the Affordable Care Act (ACA) — aka Obamacare — one thing is certain: the law will have the greatest impact on health care since the creation of Medicare.   And, like the ACA or not, it could spur a massive building boom in health care real estate. The medical industry is reviewing its current facilities to determine how to address the changes in care that the ACA will bring. Health Facilities Management magazine’s 2014 Hospital Construction Survey showed 51 percent of respondents were considering changes to their existing facilities or campus design in response to the ACA. Among the types of facilities being considered for future development according to the survey, the most cited were emergency departments, medical office buildings, outpatient facilities in neighborhood settings and primary care clinics in neighborhoods. So why will the ACA have such an impact? In a nutshell, the law will change the way physicians practice medicine. Medical care will have to emphasize value over volume to comply with the law. They will have to do this despite 1). a secondary emphasis of the law on lowering costs; and 2). a much higher volume of patients. Thus, the facilities they use will have to change as well.
21 Aug 2015

Lockard Companies and Emergency Service Partners Open Second Emergency Medical Center

Dripping Springs Grand OpeningLockard and Emergency Service Partners, LP open Five Star ER in Dripping Springs, TX Lockard Companies and Emergency Service Partners, LP (ESP) announce the grand opening of Five Star ER in Dripping Springs, TX.  Located at 333 E. Highway 290, Dripping Springs, TX, Five Star ER Dripping Springs is the second of three facilities  scheduled to open in the central Texas region in partnership between Lockard Companies and Emergency Service Providers, LP.  The third facility, Five Star ER Pflugerville is currently under construction at 21315 N SH 130, Bldg. 4, Pflugerville, TX, and is scheduled to open fall 2015. “The Five Star ER facilities have proved to be a great addition to the healthcare community of Round Rock, Dripping Springs, and soon to be Pflugerville.  We are excited to offer patients safe, efficient, comfortable, and cost effective alternatives to their healthcare needs,” said Bob Smith, CCIM, SIOR, President of Lockard.