Leverage broad industry relationships to enhance shareholder value through:
Acquisition
Single and multi-tenant specialty medical properties
Utilization of REIT structure to accommodate tax sensitive sellers
Development
Pre-leased and built-to-suit
Partner with multiple medical real estate developers/operators
HADC (taxable REIT subsidiary) fee generation from third party
Property development, operational and facility planning, design services, property management and leasing
Maintain a conservative balance sheet
Multiple trends in the healthcare industry are increasingly encouraging third-party ownership of existing and newly developed medical properties. The trends include:
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Physicians seek a greater portion of the economics for services rendered
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Physician groups seek to redeploy capital tied up in real estate
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Decentralization of healthcare delivery
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Increased number of smaller facilities located closer to patients
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Medical service providers no longer have incentives to own real estate
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Medicare reimbursement issues
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Stark, Fraud & Abuse legislation
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Drive toward modernization of existing hospitals and clinics
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Increased need for specialized medical services
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Shift from hospital-based care toward outpatient treatme
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