Skip to main content

4 Trends in the Medical Office Space We’re Watching in Q3 2019



2019 has been a busy year for the medical industry. As CRE continues to evolve, the medical office space is also going through its own transformation.

In efforts to enhance availability and boost efficiency, the healthcare sector is transitioning into a new area of the commercial scene. Contemporary tenants, landlords, and developers are all racing to keep up with today’s changing consumer needs; and as a result, the medical office space is being revamped.

Let’s take a look at where the medical office market is today, and what trends to look out for during 2019’s third quarter.

Energy Efficient Buildings

It’s no secret that medical buildings are huge consumers of energy. Due to the sprawling size of the properties, intense lighting needs, air and temperature control, and high-powered machinery; medical office spaces have traditionally been lacking in eco-efficiency.

However, that’s all beginning to change. As the world around us shifts to favor all things environmentally-friendly, CRE is also playing its role. Technological advancements are making it possible to build, run, and power medical office spaces without wasting resources.

Amongst other sustainable options, LED lighting, solar energy, living walls, architectural glass, and smart HVAC systems are key contributors to the medical industry’s green efforts.

Designs that Feel Like Home

Traditionally, medical buildings have felt cold, sterile, and unbearably institutional. This stereotype is being torn down during 2019, and we’re expecting to begin observing the development in Q3. The antiseptic atmosphere of healthcare spaces doesn’t satisfy the needs of contemporary patients, so the medical office space needed to change up the approach.

Instead of being unwelcoming, today’s medical care areas are becoming more comfortable. Healthcare designs are shifting towards home-like spaces that make patients feel at ease, accepted, and welcomed.

Today’s office waiting rooms are furnished with large plush couches, entertainment systems, recliners, and living plants. Hospital rooms have opened windows, casual side tables, personal televisions, and more. It’s all in the details, and today’s medical spaces are meeting patients’ mental, emotional, and physical needs.

Tech-Driven Appointments

If you’ve visited a doctor’s office lately, you may have been surprised to be greeted by a largely tech-based check-in process. Q3 will be full of innovative applications of technology, geared towards enhancing the patient experience, streamlining tasks, and increasing organization.

Check-in/check-out computer kiosks will be the new norm, helping to alleviate waiting room congestion and reduce waiting time. Staff will be using more tablets and personal computers, delivering greater accessibility and a seamless platform-to-platform connection. Offices will use intuitive AI software to streamline everyday tasks, analyze data, and deliver more personalized patient experiences. The future of medical offices is all about tech-driven efficiency and productivity.

Outpatient Care on the Rise

Outpatient care centers are set to be a big part of Q3. According to a study from Deloitte Insights, inpatient stays are declining while outpatient care is growing in popularity. As stated in the report, hospital inpatient stays have declined 6.6% over the past decade.

In order to meet the needs of today’s patients, small-scale specialized care centers are moving to commercial retail spaces. This brings them closer to patients, enhances accessibility, and helps out-of-facility patients conveniently receive the care and services they need.

What other medical office trends are you looking out for?

Comments

Post a Comment

Popular posts from this blog

4 Senior Housing Trends That Will Continue to Change the Space in 2020

Senior housing developments have been a popular conversation within the commercial real estate business. As the life expectancy of seniors keeps getting older and older, the growing elderly population faced a serious housing crisis in 2019. The 80+ population skyrocketed before CRE could keep up. And when it finally did, there was a lot of work to do. In order to accommodate today’s aging population, senior housing developments were a serious need. Even though investor demand started off slow, the sudden boom motivated commercial real estate developers and investors to take action and begin making moves. With more CRE pros jumping on the senior housing market opportunities, the competition went from 0 to 100 in no time. As a result, an amenity-war has broken out - but it’s unlike anything you’ve ever seen before. Let’s look at these 4 senior housing trends that are redesigning the senior housing module in 2020 and beyond: In-House Medical Services Seniors ...
Post a Comment
Read more

NAI Emory Hill Sells Wilmington Shopping Center

  Wilmington, DE – NAI Emory Hill ( www.naiemoryhill.com ) is pleased to announce the sale of a 8,710 square foot shopping center located at 2308 Concord Pike in Wilmington, DE to The Wittig Family at DSM Commercial. Dave Morrison and Jim O’Hara Jr., of NAI Emory Hill, represented the purchaser and Seller in this transaction. This retail center is anchored by Mattress Firm, Green Drop and China Inn. The center is strategically located at the intersection of Sharpley Road and offers a great retail location along the busy Route 202 corridor. NAI Emory Hill is a completely full-service commercial and residential real estate firm serving Delaware and the surrounding counties of Maryland, New Jersey and Pennsylvania. Founded in 1981, we have the resources to design, build, finance, lease, sell, manage and maintain commercial and residential properties throughout the Mid-Atlantic . Learn more about our services at: www.propertymanagementdelaware.com www.emoryhillhomes.com
Post a Comment
Read more

Protecting NOI in the Senior Living Space

When observing the latest trends in senior living, don’t jump to any conclusions - make sure you’ve got the whole picture first. CRE’s senior living sector is facing low occupancy rates - but that doesn’t mean the industry isn’t standing strong. When it comes to NOI, occupancy isn’t everything. While a property’s occupancy rates can act as the main contributor to net operating income, there are other elements that help fuel profits for commercial real estate investors . So what’s going on in the senior living spaces that are sparking turbulence for commercial real estate? Here’s a breakdown: Construction is Booming For the last few years, senior living spaces have been undergoing a surge of construction. Unfortunately, this elongated period of growth has taken a major hit on occupancy rates. In the five years between 2014 and 2019, national occupancy rates for senior living facilities have dropped 2.5% . As reported by the National Investment Center for Senior H...
Post a Comment
Read more