Re:ERs are hiring fewer doctors to save money: Shots – Healt...
by adam_arthur on Monday February 13, 2023 @01:47PM
(#34778186)
If you look at Hospital REITs, the majority of the systems have low rent coverage on a cash flow basis. Look at the distribution yields/low multiples applied to hospital real estate... many are priced with high tenant default/bankruptcy risk.
e.g. MPW
Hospitals are not the same as Medical Office, which tend to be more profitable. Where are the facts to corroborate your statement?
This comes up in every thread about healthcare and it's just plain wrong/backwards.
The reason they appear to be losing money or close to losing money is by design, because of the incentive to be inefficient. It's a way to balloon the "costs" in their accounting and demonstrate to the outside observers that they are "oh so poor" and need help, whereas in reality, they charge exorbitant amounts for procedures and then mark it off as "losses" when consumers can't pay.