Provider Perspective: Are MOBs an endangered species?

PROBABLY NOT, BUT PANELISTS SAY DESIGN, FINANCING, OWNERSHIP WILL CHANGE

By Murray W. Wolf

The role of real estate firms will change, according to several hospital and healthcare executives who spoke at the recent RealShare Medical Office Buildings conference in Scottsdale, Ariz. The discussion included (from left to right), moderator Randy McGrane and panelists Mike Brinkley, Jeff Land, Ross Caulum and Craig Jensen.
Photo courtesy of RealShare

Will medical office buildings (MOBs) go the way of the rotary phone?

Perhaps that is an exaggeration. But the way MOBs are designed, financed and owned is already changing, according to a panel of healthcare providers who tackled the issue during the recent RealShare Medical Office Buildings conference in Scottsdale, Ariz. The discussion, which was part of New York-based RealShare’s conference series, was titled, “Hospital Expansion: Where Do We Go From Here?”

The panelists included:

  • Mike Brinkley, executive director, John C. Lincoln Health Network;
  • Ross Caulum, senior director corporate real estate, Scripps Health;
  • Craig Jensen, senior director of ambulatory and business development, Banner Health; and
  • Jeffrey Land, VP, corporate real estate, Catholic Healthcare West (CHW).

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