All posts in Health Care

1 Jul 2015

Why freestanding ERs are a viable growth market.

By; David Wilson, CCIM, Executive Vice President, Lockard Development

_Five Star ER Round Rock Texas 3One of latest trends in health care real estate is the freestanding emergency department (FSED).

The number of FSEDs has doubled in the last decade, and these facilities are now available in nearly every state.

FSEDs have come under some scrutiny, especially as the Affordable Care Act works to lower the cost of medical treatment. Some have expressed concern that people confuse FSEDs with urgent care facilities and end up paying more for treatment they could have received at the latter.

Despite this concern,FSEDs will play a more critical role in the overall health care system. Rather than replacing certain types of care, FSEDs are actually filling a major void in growing communities. In the last 25 years,demand for emergency care has grown at the same rate that non rural hospital emergency departments have closed, according to The Journal of the American Medical Association.

24 Jun 2015

The Retailization of Health Care

Retail Health Care
By: David Wilson, CCIM, Executive Vice President, Lockard Development

High traffic. Check. Clustered with other popular destinations. Check. Convenient parking, eye-catching signage and well-maintained surroundings. Check, check, check.

The criteria that influences where retailers decide to locate is now being used in the health care industry. Medical practices from general practitioners to specialists to urgent care centers are eschewing hospital and office park settings in favor of strip malls and shopping centers.

Several factors are driving the “retailization” of health care, including: