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PULSE ON HEALTHCARE

Philadelphia
PULSE ON HEALTHCARE
Allison Wilson-Maher jones lang lasalle medical healthcare construction activity
Healthcare reform will continue the activity surge of healthcare CRE throughout the Philly region, says JLL's healthcare industry SVPAllison Wilson-Maher. For now, demands for better care facilities and patient care have driven a recent spate of hospital expansions, she adds. Recent medical construction include Virtua hospital and a second Capital Health System hospital, both in NJ. Many healthcare systems are taking advantage of low rates and attractive financingto position themselves for an increase in patients once HC reform takes effect. “A lot of the bed expansion is really not adding beds per se,” she says. (You would prefer futons? Cots? Hammocks?) But instead, many healthcare centers are moving to single-room ocupancies “for a better model of care.”