CPM SHARES HIS VISION FOR THE FUTURE OF
MEDICAL OFFICE BUILDING DESIGNS & USE
BY JAMES M. LENNOX, CPM®
Medical Office Buildings (MOBs) embody a unique
relationship between a community of healthcare providers and their patients.
This symbiotic dynamic produces a niche real estate product with many
complex and competing goals: A highly regulated industry with constantly
growing technology must be developed, managed and maintained to produce
an efficient, aesthetically pleasing, state-of-the-art environment that’s focused
on the patient experience and physician satisfaction.
Further, MOBs are at the intersection of two enormous industry movements.
In the real estate industry, investors are seeking a recession-proof haven. In the
healthcare industry, the United States is amid one of the largest reform initiatives in its history. As a result of both movements, the utilization and design of
MOBs will likely be affected.
Currently, health systems rely upon MOBs to achieve many objectives: They
provide office space for physicians to accommodate patient visits; augment
critical components of their acute care facilities; and provide market access
points to their service offerings network.
The roles of MOBs are expanding, as extraordinary hospital construction
costs—an estimated $1 million per bed—have caused facilities to downsize