Industry Pulse: November 2012

SCOTTSDALE, Ariz. – Most health-care real estate (HRE) professionals probably wouldn’t be big fans of a company that sells online medical consultations. After all, more virtual doctor visits would presumably mean fewer in-person doctor visits, reducing demand for bricks and mortar medical office buildings (MOBs) and other healthcare facilities. So, when the CEO of MeMD LLC was invited to be the opening speaker at the recent RealShare Medical Office Conference, perhaps it was an example of the proverbial strategy to “keep your friends close and your enemies closer.” But Dr. John J. Shufeldt, CEO of MeMD and former CEO of NextCare Urgent Care, assured the HRE professionals in the audience that they will do just fine. Noting that it has been a little more than four years since the start of the financial crisis, he stated: “Whatever happens in the future…

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