HCSHQ_102021

A s the world slowly adjusts to normalcy following the COVID-19 pandemic, the future looks bright for development and invest- ment opportunities in the health care real estate industry. Growth in outpatient facility developments, free-standing emergency depart- ments and the continued need for dedicated behavioral health facili- ties as well as novel development financing options are just a few areas of new opportunity. At the Colorado Real Estate Jour- nal’s Health Care and MOB Confer- ence, I moderated an expert panel on these opportu- nities and some of the challenges ahead. Participat- ing in the panel discussion were Jaime Northam, health care vice president at Ryan Cos.; Kevin O’Neil, president and CEO at Fidelis Health- care Partners; Tom Kelly, development vice president at NexCore Group; Jim Pisula, executive vice president at Pisula Development Co.; and Jake Dinnen, senior vice president of development at PMB. The follow- ing notes a few key takeaways from this expert panel. n Post-COVID-19: What is changing in the development model? Health care systems will continue to re- evaluate how services are offered to patients as the world comes “back to normal.” With the increase in telehealth appointments and virtual check-ins, providers should rethink common area and waiting spaces. We are likely to see less restrictive waiting areas and instead see facili- ties with a stronger community feel but with user-friendly spaces and interface. Additionally, there is a greater need for clinical flex- ibility and adaptability. As the past almost two years have shown, we can never predict the future and a physician clinic today might need to be something completely dif- ferent seven to 10 years from now. This greater emphasis on flexibility and less restrictive spaces is likely to impact how health care facilities will look and operate. Additionally, post-COVID-19, health care facilities will look to Please see Page 12 John Marshall Principle adviser, Advisory Services, Hall, Render, Killian, Heath & Lyman PC Bright future:Opportunities for development The growth in outpatient care facilities will continue, which is mostly driven by hospital-sponsored clinical services. INSIDE The Denver Health Outpatient Medical Center sets out to be a connection to the community A feature on workable partnerships to address the affordability crisis and more Trends in action Senior housing PAGE 11 PAGES 15-20 One of the biggest obstacles in health care is navigating the array of supply chain challenges Supply chain issues PAGE 4 October 2021