- Cano Health Is Focused on the Future
- Remembering David Wagner, a Passionate Healthcare Executive
- Opportunities in Medical Outpatient Buildings
- Collaborating to Navigate Complex Systems
- 2024 Key Industry Facts Available Online
Cano Health Is Focused on the Future
Cano Health, Miami, is putting patients first and planning for smart growth as it emerges from bankruptcy, according to CEO Mark Kent, FACHE. He credits staff and physicians for their resilience and commitment to uninterrupted care during the five-month process.
“It’s really uncommon to have the court approve a reorganization plan and to exit bankruptcy on the same day, but that’s what happened on June 28, 2024,” Kent told the South Florida Hospital News and Healthcare Report.
Going forward, Cano is focusing on the patient experience, Kent said, moving physical and massage therapy in-house, adding physical medicine and rehabilitation, and enhancing pharmacy services.
To learn more about your peers making headlines, or if you have been recently promoted, visit ACHE’s Members in the News.
Remembering David Wagner, a Passionate Healthcare Executive
David Scott Wagner, FACHE, CEO, HCA/Houston Healthcare Pearland (Texas), passed away Aug. 23 at the age of 64. He was a hospital administrator for more than 37 years and spent his entire career furthering his mission of caring for those who were in need of healthcare. HCA Pearland won first place in 2022 for Modern Healthcare’s “Best Places to Work,” a nationwide award that made him so proud of everyone in his work family, according to his obituary.
He was a member with ACHE for 39 years and served as a board member for the American College of Healthcare Executives—Southeast Texas Chapter. He also served ACHE on the Regents Advisory Council and Group Practices Executive Committee.
Outside the hospital, Wagner actively participated in numerous community committees and served on the advisory board for the Healthcare Administration Program at the School of Public Health at Texas A&M University.
Wagner received his master’s degree in healthcare administration from Trinity University and his bachelor’s degree from Texas A&M University.
He is survived by his wife of 32 years, Karen, and his two children, Jackson and McKenna, and his father, Donald B. Wagner, LFACHE.
Opportunities in Medical Outpatient Buildings
Medical outpatient buildings have seen relentless demand and remain one of the most resilient commercial real estate property types. Both health systems and providers as well as investors view the sector as a critical alternative asset class, and demographic shifts, technology advancements and reimbursement changes are driving increased demand for these structures.
JLL’s Medical Outpatient Building Perspective looks at a number of key factors impacting providers and medical office owners and operators. As outpatient volumes rise, limited construction has led to increased occupancy and rental rates.
Health systems, facing thin margins, are seeking to limit out-of-pocket costs and may wish to consider monetizing real estate or partnering with developers. Providers can also optimize performance by adopting a comprehensive, data-driven location strategy to identify and target the best sites for growing specialties.
Rising construction costs for maintenance, renovation and tenant improvements challenge both occupiers and property owners. Health systems may look at strategic use of second-generation space and medical specialty suites to manage costs and expand rapidly in high-demand submarkets.
Population growth, particularly in the Sun Belt markets, significantly impacts outpatient medical volumes. The adoption of telehealth continues post-pandemic, influencing space utilization. Key specialties like endocrinology and orthopedics are growing due to rising chronic conditions and active lifestyles in retirement.
Understanding these trends enables healthcare leaders to adjust their real estate and facilities strategy, ensuring competitiveness and growth in the changing landscape. To delve deeper into the dynamics driving the healthcare real estate market and explore strategic opportunities, download the full report.
To learn more about medical outpatient building trends and opportunities, visit ache.org/JLL.
JLL, an ACHE Premier Corporate Partner, provided the content above.
Collaborating to Navigate Complex Systems
In a recent episode of Quint Studer’s podcast, guest Leonard Friedman, PhD, highlighted key insights from his Healthcare Executive article, “Developing Leadership Competencies for an Uncertain Future.”
Friedman, professor and director, Health Policy and Management, George Washington University, Milken Institute of Public Health, in the podcast highlights the need for healthcare leaders to embrace open-mindedness, introspection and collaborative approaches to break down departmental silos and improve patient outcomes.
The conversation explored crucial leadership skills such as change management, self-awareness and adaptability. They also underscored the importance of fostering a culture of innovation and developing a workforce capable of navigating today’s and tomorrow’s changing environment.
Listen to the entire podcast here.
2024 Key Industry Facts Available Online
We are pleased to offer the 2024 edition of Key Industry Facts. Prepared by ACHE’s research team, Key Industry Facts provides annual updates on healthcare spending and other vital information. We hope you find it to be a valuable resource.