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re: Medical Properties Trust, Inc. (NYSE:MPW)
Posted on 9/27/23 at 11:29 pm to Auburn1968
Posted on 9/27/23 at 11:29 pm to Auburn1968
quote:
Medical Properties Trust, Inc. (NYSE:MPW)
quote:
Wrong. Clinics are struggling. Hospitals are struggling. We haven't had a increase in re-imbursement in about 16-17 years. We've lost 30% or more to inflation in the last 20. As pay increases in other sectors, medicine has been frozen in time for almost two decades. People have no clue how bad the situation is and is going to be without some drastic change.
From someone that owns two very successful businesses in the medical field, I can assure you that medical is no longer recession proof. At least at the provider level that would be renting these spaces. It's going to be hard to keep the facilities filled and be able to raise rents/leases if there is no profit. Just something to think about.
Most of my medical experience was on the video side producing CME's, patient ed, mode of actions and promos mostly financed by big pharma along with some patent disputes and liability cases. It was pretty much recession proof, but not Washington proof. In those terms, the problems might stem from the same place.
Getting worse by the day. Glad I own mine. Can't go up on rent to partner though as he can barely cover bills. I'd hate to be dependent on medical commercial property. shite is about to get real bad if we don't get a substantial pay increase.
Posted on 9/28/23 at 11:28 am to SmackoverHawg
Thanks for the heads up.
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