Checking the pulse of Illinois’ healthcare sector in a piece for REJournals, HSA PrimeCare president John Wilson discussed the challenges for providers in meeting the increasing demand for medical services in today’s high-cost environment.

While healthcare and medical office development in Illinois has not experienced a significant downturn, nationally the medical office sector continues to boast low vacancy rates and higher asking rents, with elevated construction costs and capital market disruptions leading to declines in sales volume.

“Some solutions include establishing joint ventures with other service providers, teaming up with real estate companies to build outpatient developments or finding alternative ways to capitalize projects,” said Wilson.

The full story can be read here.