Healthcare in the U.S. is evolving rapidly. Patients want more choice; providers want more control. Across the country, Ambulatory Surgery Centers (ASCs) are stepping into that gap, offering a streamlined, efficient, and increasingly popular alternative to hospital-based care.
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Why Maryland’s Healthcare Market is Ideal for Your Practice
Are you considering opening a medical practice in Maryland? Home to some of the nation’s top hospitals and teaching universities, as well as endless culture and amenities, Maryland is an appealing place to begin or develop your career as a medical professional. Here are some reasons that Maryland’s healthcare market is an opportunity you shouldn’t pass up.
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The Rise of Niche Healthcare Services for Women
In recent years, niche healthcare services focused on women’s health have seen an explosive growth in demand. Whether it’s assisting with family planning, providing maternal care, or offering wellness services to enhance overall quality of life, women’s healthcare is evolving to meet the demands of today’s patients.
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2024 Wrapped: A Year in Medical Real Estate
2024 has ended, which means that the opportunities of 2025 beckon! At GZ, we’ve been keeping a close eye on the medical real estate market, noting growth in overall patient demand, trending changes in specific lease terms, and the hot market to watch – including Washington, D.C., an area we know well!
Here are some of the medical real estate trends we’ve noticed this past year.
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How to Unlock Your Best Lease Renewal
The vast majority of healthcare practice owners lease their space, with three-quarters saying they prefer leasing over buying. Leasing can be great for your bottom line: it frees up working capital so that you can reinvest in your business, and with a landlord watching over the building, essential maintenance is handled seamlessly. Additionally, leasing gives you flexibility should you want to move or expand your practice.
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6 Reasons Why a Lease Audit Matters
Before you sign the lease agreement for your medical practice, make sure you fully understand what you’re committing to, both financially and legally. A lease audit not only provides peace of mind but also ensures that both you and your landlord are fulfilling your respective responsibilities. Here are some reasons a lease audit can help your medical practice do better business:
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Office Space vs. Retail Space for Your Medical Practice
If you’re looking at a new space for your medical practice, pay careful attention to the type of space and what it’s zoned for. The space in which you choose to locate your practice can significantly affect your visibility, patient mix, and earning potential. When deciding between a retail or office medical practice space, do your due diligence – or work with a team like GZ – to ensure you understand what makes your brand different, your patient expectations, and the impact of neighboring businesses.
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Making the Right Choice: Leasing vs. Buying Medical Office Space
Choosing a space for your medical office involves consideration of many factors – from location to signage to infrastructure. But one of the most important questions you’ll find yourself facing is whether to lease or buy the space you’ve decided on. Making the right decision here is vital to your business’s financial stability and longevity. If you’re weighing whether to buy or lease, here’s what to consider.
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The Financial Impact of a Healthy Building
As a medical landlord you not only want to create a high-value space for your tenants, but you want to ensure your space is delivering the best possible ROI. By reimagining your building as a “healthy” building, you can achieve both.
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How Your Specialty Affects Your Medical Lease
As a physician, the lease on your space is one of your largest overheads. But your anticipated costs can vary dramatically depending on the size of your practice and the equipment and technology you require on-site to fulfill patient needs and expectations. Let’s take a look at how your specialty can affect the terms of your lease.
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Exit Strategy: Tips for Selling a Medical Practice & Building
Whether you’ve been affected by the COVID-19 pandemic, are thinking about retiring, or are keeping an eye on the trend towards consolidation, you might be thinking about selling your medical practice – now, or in the future.
Here’s what to keep in mind for when that day comes.
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Five Reasons to Review Your Medical Practice Office Lease
The office lease for your medical practice is one of your biggest overheads. Fortunately, although the terms of your contract may seem cut and dry, there’s always room for negotiation. And given the enormous shifts in the market due to COVID-19, you may have more leverage than usual. Here are some of the reasons you might want to review your lease.
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