Jan 29 2013
The increasing demand for healthcare services is most obviously being driven by the aging baby boomer generation. The first baby boomers turned 65 in 2011, beginning the swell of the senior population. This population expansion will create a huge pipeline of customers for medical providers, increasing the demand for hospital stays, outpatient treatments and doctor visits, as well as the development of new outpatient facilities including on-campus medical office buildings, off-campus integrated outpatient centers, urgent care centers and freestanding emergency departments, health villages (medical fitness and wellness centers), retail primary care clinics, and a variety of post-acute care facilities.
However, aging baby boomers are not the only factor fueling the demand for outpatient facilities: inadequate hospital infrastructure, advancements in outpatient medical technology, the rising cost of inpatient procedures, higher procedure reimbursement rates for outpatient services, patient demand for more conveniently accessible healthcare services and environments with residential warmth, and the decentralization of hospitals and their need to preserve capital are also contributing to the increasing demand.
Our infographic illustrates the healthcare real estate delivery system of the recent past and how that system is quickly evolving to meet the demands of healthcare reform and Accountable Care Organizations.