The health care industry and its real estate providers are literally caught between two eras as the 2012 elections and a key U.S. Supreme Court decision that will determine the future of health-care reform play out against the backdrop of a strengthening, yet far from robust, economic recovery.

Richard Taylor, managing director with Jones Lang LaSalle's Healthcare Solutions Group, said three key pressures are contributing to the current environment he described as "predictable uncertainty" for owners and operators of health-care real estate and their clientele.

"First, there are a multitude of laws inside the [health-care reform] bill that we don’t understand and haven’t even been created yet," Taylor said in a video posted on the JLL web site. "The second is unemployment, which means lower revenue for hospitals, fewer elective surgeries, fewer people with commercial insurance, and lower reimbursements."

The third pressure is deficit reduction, which will affect the key sources of revenue for the health-care industry. The federal government is reducing Medicare reimbursements, and cash-strapped states are having difficulty funding Medicaid programs, Taylor noted.   Read More

Last Updated on Thursday, 12 April 2012 12:14