Traditionally, healthcare facility renovations or updates to large equipment can put essential treatment areas out of commission. However, Light Detection and Ranging (LiDAR) technology, a new form of Building Information Modeling (BIM) that uses lasered beams of light to measure distance, can be used during a project’s exploratory phase to help.
SMH-Venice should be completed in fall 2021 with design changes to be “pandemic prepared.”
A trend coined as “reverse monetization, health systems are on track to buy $1 billion of their leased medical office buildings in 2020 between closed and announced transactions.
Welltower and global alternative investment platform Wafra may partner on other deals and expand their footprint together in growing sectors with the shared goal of further collaboration on healthcare.
Real change will come three to four years from now, when the impact of new designs implemented on existing and new healthcare facilities are deployed based on what architects and physicians have learned over the past nine months.