For both operations and real estate, third parties help systems to meet demand
By Murray W. Wolf
The ‘Demand Drivers and Development Trends in IRFs, Micro Hospitals and Free-Standing EDs’ panel at the Sept. 16-17 InterFace Healthcare Real Estate conference in Dallas included (from left to right): Eric Fischer, chief development officer at Catalyst HRE; Chris Jackson, senior VP of business development at Anchor Health Properties; Brianne Eversmeyer, senior VP of business development at Emerus; Ty Burgess, CEO of North Texas Rehabilitation Institute; and moderator Michael Arvin, VP of strategy and development at Oman-Gibson Associates. (HREI™ photo)
As many health systems continue to invest in community-based outpatient, ambulatory and specialized care, demand is growing for new inpatient rehabilitation facilities (IRFs), freestanding emergency departments (FSEDs) and neighborhood hospitals.
However, reimbursement issues and other financial pressures can limit systems’ abilities to construct and operate these facilities. As a result, many are increasingly relying on operating partnerships and third-party real estate capital.
That was the clear message from a panel of operators and developers at the recent InterFace Healthcare Real Estate (HRE) conference in Dallas. The session, titled “Demand Drivers and Development Trends in IRFs, Micro Hospitals and Free-Standing EDs,” was moderated by Michael Arvin, VP of strategy and development at Oman-Gibson Associates.
The panelists included:
■ Ty Burgess, CEO of North Texas Rehabilitation Institute;
■ Brianne Eversmeyer, senior VP of business development at Emerus;
■ Eric Fischer, chief development officer at Catalyst HRE; and
■ Chris Jackson, senior VP of business development at Anchor Health Properties.
Mr. Arvin kicked off the discussion by noting that
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