Affordable Care Act Good for Health Care REITs

more+
less-

It's been awhile since we've blogged anything, which must mean we're busy, right?  Maybe this is why ...

Obamacare is a good thing for health real estate trusts, executive says

by By Russ Britt

One of the side effects of the Affordable Care Act is that it’s forcing the medical community to become more efficient, and that’s a good thing for health care real estate investment trusts. At least that’s the perspective from Scott Peters, chief executive of Healthcare Trust of America HTA +1.12% ,, who says Obamacare is a “positive development” in a radio interview with MarketWatch’s Alisa Parenti. (Follow the link to our MarketWatch radio page.)

Shutterstock

“I think it is a game changer,” Peters said, calling it a “huge macroeconomic driver.”
Peters points out that Obamacare emphasizes preventive medicine. Translation: more office visits to doctors and a higher rate of occupancy at medical plazas. His company is seeing a 91.6% occupancy rate at the properties it owns.

Healthcare Trust has been public since June 2012 and currently is trading in the $11 range. Shares were down marginally to $11.40 in recent action.

 


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Womble Carlyle Sandridge & Rice, LLP | Attorney Advertising

Written by:

more+
less-

Womble Carlyle Sandridge & Rice, LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×