Here’s How Telehealth Will Shake Up Healthcare Real Estate

Healthcare entities will likely need less space for admin roles as people continue to work remotely.

By Lynn Pollack | March 31, 2021 at 07:34 AM

Changing consumer preferences and advancements in healthcare technology are shifting the healthcare sector in ways that will likely unsettle the $1 trillion healthcare real estate market, according to recent analysis from BTIG.

The pandemic led to a so-called “forced adoption” of telehealth, with rates more than doubling in 2020, and experts expect the sector to continue expanding from current levels, with some saying it could grow by 10-15% annually. But BTIG says the impact on healthcare real estate, both in terms of timing and magnitude, is less clear. Healthcare entities will likely need less space for admin roles as people continue to work remotely, but the impact on clinical space is less certain. And while MOB fundamental trends have been strong during COVID, telehealth tech is still limited in many ways.

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