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Content about Mid-Atlantic

October 11, 2011

Population growth is the main driver for healthcare in the Virginia Beach market. For the first time, there is a larger percentage of Virginia Beach residents living south of Interstate 264 than north, creating a greater need for health services in this region. In the western part of Hampton Roads, northern Suffolk has experienced extensive population growth, and major healthcare providers in the area have scrambled to expand their services in that market.

September 13, 2011

Pittsburgh Market Profile

As is being seen throughout the country, the trend of local healthcare systems acquiring private practices is alive and well in Pittsburgh, too.

The Pittsburgh market is segmented into four geographical areas – north, south, east and west – each with its own distinct characteristics.

By far, the northern quadrant of the city has seen the greatest growth in population, jobs and commercial real estate development. The southern quadrant has seen some recent growth as well, but in other areas of Pittsburgh, the population is actually shrinking, according to AJ Pantoni, an associate with Colliers International in Pittsburgh.

August 16, 2011

Bethesda, Md., Market Profile

The local economy in suburban Maryland continues to recover, although we are waiting to see a significant pick-up in job creation. Still, there are some positive signs.

By Sazshy Valentine

The local economy in suburban Maryland continues to recover, although we are waiting to see a significant pick-up in job creation. Still, there are some positive signs.

July 12, 2011

Richmond, VA, Market Profile

As in many other markets around the country, Richmond, Va., has an aging population, which means there’s obviously an increasing need for healthcare in the area.

As in many other markets around the country, Richmond, Va., has an aging population, which means there’s obviously an increasing need for healthcare in the area.

”The housing market is still in pretty rough shape, so the main driver would be the aging trends,” points out Chris Wallace, vice president of Grubb & Ellis | Harrison & Bates.

June 14, 2011

Wilmington, Del., Market Profile

Look to the outlying areas of Wilmington (Delaware’s largest city) to find opportunities for growth in its healthcare market. The city has a population of more than 74,500 individuals in 29,500 households -- mostly in the suburbs – who spend an average of $3,239 a year on healthcare and 53 percent of their annual healthcare budget on insurance.

By Paul Bryant

Look to the outlying areas of Wilmington (Delaware’s largest city) to find opportunities for growth in its healthcare market. The city has a population of more than 74,500 individuals in 29,500 households -- mostly in the suburbs – who spend an average of $3,239 a year on healthcare and 53 percent of their annual healthcare budget on insurance.

May 17, 2011

Washington D.C. Market Profile

The Washington, D.C., metropolitan area’s health services sector continues to remain strong, continuously adding jobs throughout the recession when other office-using sectors have shed jobs.

By Creighton Wright, Jeffrey Kottmeier & Urmi Joshi

The Washington, D.C., metropolitan area’s health services sector continues to remain strong, continuously adding jobs throughout the recession when other office-using sectors have shed jobs.

April 19, 2011

Philadelphia Market Profile

If you’re considering relocating to the Philadelphia region, you’re on the right track as the healthcare sector continues to be a driving force in the local economy. Over the last 10 years, the Greater Philadelphia area has experienced an estimated growth rate of 4.77 percent. While this growth is more measured than other areas around the country, it’s still significant.

By Steve Marzullo, Ken Zirk & Justin Marlowe

If you’re considering relocating to the Philadelphia region, you’re on the right track as the healthcare sector continues to be a driving force in the local economy. Over the last 10 years, the Greater Philadelphia area has experienced an estimated growth rate of 4.77 percent. While this growth is more measured than other areas around the country, it’s still significant.

February 23, 2011

Baltimore Market Profile

If you’re located in the Baltimore area, you’d be wise to welcome elderly patients into your practice. Between 2000 and 2015, the number of people over the age of 75 is forecast to increase by 23.7 percent.

By Richard Taylor

If you’re located in the Baltimore area, you’d be wise to welcome elderly patients into your practice.

According to 2015 population projections, between 2000 and 2015, the number of people over the age of 75 will have increased by 23.7%, and the number of people over the age of 55 will have increased 55.3% in the Baltimore area, tipping the odds in favor of senior healthcare providers.