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A Texas bankruptcy court will determine the timeline of the sale of Steward Health Care System’s hospitals. Steward is proposing a June 24 deadline to make bids on the hospitals, an auction on June 27 and a sale hearing on July 2.
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.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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