Industry Pulse: Providers Discuss Thin Margins, Building Boom

Some providers, such as Northwell Health, say that rising leasing costs make it more sensible to own their facilities. Photo courtesy of SOM

Some providers, such as Northwell Health, say that rising leasing costs make it more sensible to own their facilities. Photo courtesy of SOM

Operating costs are high, margins are thin and upgrades are expensive, providers say

At two recent Bisnow healthcare real estate events on the East Coast, the providers on the agenda said that operating costs are high, margins are thin, and the need to continuously improve facilities to compete and stay current is expensive.

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