1. According to a new hospital construction survey from Health Facilities Management, the most common specialty hospital projects being planned are: 1) behavioral hospitals; 2) cancer hospitals; 3) children’s hospitals; 4) orthopedic hospitals; and 5) women’s hospitals.
  2. CBRE published the results of its Health Care Investor and Developer Survey. The most appealing health care assets for investors are: 1) MOBs; 2) ASCs; 3) medical conversion projects; 4) inpatient rehab hospitals; and 5) behavioral health facilities.
  3. West Virginia’s health committee voted against a bill that would repeal the state’s certificate of need law for health care facilities. A top priority of West Virginia’s Governor is to repeal the state’s certificate of need law.
  4. Idaho legislators will be considering a bill giving county officials the power to review hospital-based property tax exemptions. Supporters of the bill want local officials to have more input in determining whether hospitals are providing sufficient community benefits to justify their property tax exemptions.
  5. Hall Render attorney Joel Swider will be hosting a webinar with Kristin Herrmann from VMG Health titled: Navigating 2025’s Shifting Health Care Real Estate Landscape, on Thursday, March 13 at 1:00 PM Eastern Time. Register here!
  6. Sutter Health (CA) announced a $1B plan to update its Emeryville, California campus. Plans include a new 335,000 sf hospital with 200 beds, along with a new ambulatory care complex that will offer a variety of outpatient services.
  7. Community Health Systems (TN) announced plans to sell a number of hospitals in its portfolio in hopes of generating $450M in net sale proceeds. CHS is currently in the process of selling Lake Norman Regional Medical Center (NC) to Duke Health, and ShorePoint Health System (FL) to Adventist Health.
  8. Encompass Health announced its expansion plans in a recent earnings call. The specialty hospital operator is planning to open seven hospitals in 2025, with five of those hospitals located in Florida.
  9. AdventHealth has acquired an undeveloped parcel of land in the Redtail Ridge development in Louisville, Colorado for $34M. Plans for the parcel haven’t been announced.
  10. A new trend is emerging where hospitals are leasing beds in skilled nursing facilities in order to free up inpatient beds and more easily discharge patients to a lower level of care.

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Hall Render blog posts and articles are intended for informational purposes only. For ethical reasons, Hall Render attorneys cannot give legal advice outside of an attorney-client relationship.

The post Weekly Hospital Real Estate Briefing: New Hospital Construction Survey | CBRE Publishes Investor and Developer Survey Results | WV Considers CON Reform appeared first on Law Firm | Health Care Law Firm in the USA | Hall Render.