高力国际：2023年医疗市场报告（英文版）（42页）.pdf

1、2023 Healthcare MarketplaceMedical Office Fundamentals Remain Solid,but Cost Concerns Weigh on the Healthcare IndustryColliers U.S.Research ReportOverview and ContextThe medical office sector continues to perform well,setting record highs for asking rents and sales volume in 2022.Demand is outpacing

2、 supply,vacancy remains tight,and development is picking up,reflecting confidence in the sector.This is encouraging given the challenges of the healthcare industry,but there are signs of softening as well,with cap rates showing differing trends between single asset deals and portfolio transactions.A

3、verage pricing increased compared to 2021,but eased in the second half of 2022.We have identified several important changes in the healthcare industry over the year ahead:Staffing Shortages and Labor Costs:Burned-out and skilled healthcare professionals continue to leave the industry,while some heal

4、thcare systems are cutting staff to rein in costs.Operating Margins:Profits are falling and some operators are posting significant losses.Can this be turned around?Behavioral Health:Its provision and funding have become core issues.Technology:Healthcare systems are increasingly using digital health

5、services and artificial intelligence to streamline services and reduce costs.Mergers and Consolidations:Could the current large-scale M&A activity lead to more consolidation?Disruptors:Pharmacy retail giants such as CVS and Walgreens continue to expand their healthcare presence and services.Can trad

6、itional healthcare systems compete?Private Equity:After another strong year in 2022,will PE investment continue in this challenging fundraising environment?The Economy:How will elevated inflation and a volatile banking industry impact key healthcare stakeholders?Policy Outlook:How will the healthcar