Medical real estate presents a highly resilient and reliable investment opportunity.
An aging population, expanded insurance coverage, demand for efficient health delivery systems, and increasing healthcare employment have all led to increasing demand for medical office real estate.
People are living longer with the help of modern medical technology, increased physician visits and greater awareness and adoption of healthier nutrition and lifestyle.
Rapid growth and aging of the U.S. population is anticipated to create greater demand for healthcare services and facilities.
The population over 65 is projected to increase 174% between 2020 and 2060 – that is 42 million additional people.
The average number of medical office visits (per 100 persons/year) for ages 65 and above is 619 compared to 233 for ages 0-64. That’s more than a 250% increase.
In 2015, annual national healthcare expenses neared $3.2 trillion –17.8% of GDP. Expenditures were 13.4% in 2000.
By 2025 Americans will spend more than $5.5 trillion annually on healthcare, exceeding 20% of the nation’s GDP.
The healthcare industry is projected to lead the economy in job creation, adding more than 2.3 million new workers from 2014 -2024.
The 20% increase in personnel will require additional medical office building and service facilities to work in.
Yearly outpatient service visits have increased nearly 150% to 2,174 in 2014 from 1,471 in 2005 while inpatient days decline.
The healthcare industry is projected to lead the economy in job creation, adding more than 2.3 million new workers from 2014 -2024.
The 20% increase in personnel will require additional medical office building and service facilities to work in.
Yearly outpatient service visits have increased nearly 150% to 2,174 in 2014 from 1,471 in 2005 while inpatient days decline.
© Everest Healthcare Properties, LLC