In this episode of the Diagnosing Health Care Podcast: Staffing challenges and cost inflation are seriously impacting health care construction as well as other sectors of the U.S. construction economy.
The age and complexity of hospital real estate often result in zoning and land use issues that must be addressed in hospital M&A transactions. In larger transactions, purchasers and their lenders frequently obtain zoning reports prepared by one of the national companies, which summarize existing code requirements and potential non-compliance by the hospital. For smaller transactions, it is common for purchasers and their lenders to rely on a letter from the local Planning & Zoning office, which is often limited to confirmation of the zoning classification and whether there are ...
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