Tennessee is ready to be the global center of healthcare. Nashville’s concentration of companies, CEOs and technology expertise all contribute to the city’s perfect storm. And now Oracle will be part of the Nashville healthcare family and will most likely create a new family tree.
Hospitals wield a larger effect on a local economy than universities, according to the research. Yet despite their economic clout, hospitals tend to raise rents and home prices in the surrounding area less than universities in the U.S., and the area around a hospital will have a lower residential real estate value than the local average.
Last year, Florida’s annual property insurance premiums soared 27% for the second year in a row. The higher premiums have become a new tax on an industry that already has had its margins squeezed. At the same time, the state’s population has been surging with aging Baby Boomers, who have filled its senior care facilities, from independent living to skilled nursing and everything in between.
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