Panelists: Healthcare Can Rise Above a Recession

SCOTTSDALE, AZ—The GlobeSt. Healthcare conference held at the Andaz Scottsdale Resort on Tuesday brought together a panel of healthcare real estate leaders under the theme “State of the Industry: Impacts of a Disruptive Year.” The panel discussed the perceived threats of an impending recession and examined whether the fear of a downturn still holds a grip on the economy. The consensus among the panelists was that, contrary to concerns, a recession has not occurred, and they predict that there won’t be one in 2024.

“As a professional in the healthcare real estate space, a recession doesn’t significantly impact the demand for healthcare services. The healthcare sector has proven its resilience,” said Darryl Freling, managing principal of MedProperties Realty Advisors LLC.