August 2021: Monthly Edition

News Release: Just Sold –State-of-the-Art MOB and ASC | 13,444 SF | Las Cruces, NM
HREI
HREA | Healthcare Real Estate Advisors announce the sale of a modern free-standing Medical Office Building and integrated specialty Ambulatory Surgery Center located in Las Cruces, NM.
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Merritt Healthcare Advisors (“MHA”) is pleased to announce Zion Eye Institute (“Zion Eye”) has joined Comprehensive EyeCare Partners (“CompEye”)
Merritt Healthcare Advisors
As one of the largest ophthalmic MSO’s in the country, CompEye is focused on supporting its affiliated practices in their mission to deliver clinical excellence by providing best-in-class, full-spectrum practice management and administrative support services.
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Is Applying for a Certificate of Need (CON) for a New ASC ‘worth it?
Compass Surgical Partners
In about half the states in the U.S., a Certificate of Need (CON) is required to develop a new ASC. The efficacy of CON can be a controversial issue, but this article will not discuss the value of the legislation. Instead, I’ll provide a brief overview of the process and key items to consider before filing an application. We’ll discover whether applying for a CON is really worth it. 
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HREA is a proud to be a sponsor of CPOMP
Healthcare Real Estate Advisors
HREA | Healthcare Real Estate Advisors is proud to be a sponsor of CPOMP (Congress of Physician-Owned Medical Properties), which was held in Park City, UT on Thursday, July 29, 2021 through Saturday, July 31, 2021.
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Patient satisfaction differs between inpatient, outpatient settings, Leapfrog finds Healthcare Drive
A new survey by The Leapfrog Group of patients at hospitals and ambulatory surgical centers suggests that while they are satisfied on several levels, safety issues remain a significant concern, especially when children are being treated.
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Healthcare REITs: Vaccine Revival
Seeking Alpha
Left for dead early in the pandemic, the prognosis for Healthcare REITs has improved dramatically over the several quarters as coronavirus cases have been all-but-eradicated in U.S. senior housing facilities.
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Medical Office Pricing is at a Premium
GlobeSt.com
As investors moved toward real estate sectors with better growth opportunities, they turned towards the medical office sector. Now pricing is at a premium relative to suburban offices, according to Real Capital Analytics.
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MOBs continue to perform well, with occupancy in top 50 markets rising to 91.7%
Revista
In the latest MOB statistics compiled by Revista, the occupancy rate and the absorption of space in MOBs larger than 7,500 square feet and located in the country’s top 50 metropolitan areas increased in the second quarter (2Q) 2021.
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Physician Groups Continue to Monetize
Revista
The significant majority of sales volume of MOBs annually is sold by investors. New sale lease-back transactions are the minority, often times hospitals and health systems will acquire as much or more outpatient real estate then they’re selling.
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What’s Behind ASC Industry Growth?
Becker’s Healthcare
The COVID-19 pandemic, infection levels and the increase in CMS outpatient procedure approval has left the ASC industry prime for growth. 
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The tech changing the ASC industry: Leaders weigh in
Becker’s Health
The COVID-19 pandemic accelerated the push for ASCs to update technology to meet patients' needs remotely, as well as the migration of new surgical innovations like artificial intelligence and robotics to ASCs.
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2022 Proposed Medicare Payment Rule Released
ASCA
The Centers for Medicare & Medicaid Services (CMS) released the 2022 proposed payment rule for ASCs and hospital outpatient departments (HOPD) on July 19, 2021.
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