Marketplace Pressures on Physicians
Physicians today are facing uncertainty and potential erosion of fundamentals: decreased volume / fewer patients, reduced revenue / inadequate reimbursement, increased expenses / lower income.
No wonder more physicians are moving towards being employed by hospitals. The industry trend is toward fewer independent physicians, and more medical residents are seeking employment by hospitals. The shortfall of physicians by the year 2025 is projected to be 14% (Source: AAMC).
The mismatch between demand and supply will accelerate innovation, especially if more insured Americans come into the healthcare system. We expect to see a wide range of solutions to include expanded use of mid-levels, large group formation, and repurposing facilities to bridge retail and healthcare.
No one knows what's next, that's why you need a partner with a wide range of fully-integrated solutions.
What does this mean to physicians, hospitals, patients - and our business?
Physicians need flexible space solutions in locations that appeal to today's discriminating consumers. Hospitals require funding solutions that enhance hospital-physician relationships. Patients demand convenient access to healthcare. Lillibridge is there to help sort out all the possibilities - from repositioning traditional MOBs into more efficient group practice models to new development that fills market gaps.
Lillibridge provides physicians with great customer service - today and tomorrow -
Because we're focused 100% on medical real estate, we are very sensitive to what's important to our doctors - patient comfort, clean and well-maintained spaces, up to date technology, and professional management that provides excellent customer service every day.
Perhaps the best way to measure our long-term commitment to serving our physician customers is the multiple TOBY® (The Office Building of the Year) Awards we have been honored with. Described as the "Academy Awards" for office buildings, the TOBY Award recognizes quality in office buildings and excellence in office building management.