Conversation With: John Thomas Talks About Recession-Proof REITs And The Dallas Market (Part Two)

Yesterday, D Healthcare Daily published a Q&A with John “JT” Thomas, a man who helped what was then known as the Baylor Health Care System decide to turn to a Real Estate Investment Trust to manage one of its medical office buildings. Thomas is now president and CEO of Milwaukee’s Physicians Realty Trust, a publicly traded healthcare REIT that focuses primarily on medical office buildings. It manages a portfolio worth $1.4 billion. Yesterday’s portion of our chat focused on what REITs are and why they’ve become a significant factor in the healthcare industry. Read it here. Today, we get a… Full Story

Will Healthcare Overbuilding Hurt Local Economies?

Is the healthcare industry growing too quickly? That’s the question Dallas Morning News columnist Jim Landers asks, using Flower Mound’s FM2499 as an example of potential overbuilding. Quoting the paper: Five years ago, Flower Mound’s stretch of FM2499 — Long Prairie Road — lived up to its name, with farmhouses and fields. Then the health care industry arrived. Texas Health Resources opened a hospital in 2010. Other emergency medicine centers opened to the south, east and directly across the street from Texas Health Presbyterian Hospital. Nearby are imaging centers, orthopedic surgery practices, urgent care, a women’s clinic, physician practice groups… Full Story

Here Is What Every Specialty Made In 2014 Compared To 2013

Orthopedic surgeons, cardiologists, and urologists reported higher salaries than all other specialties in American healthcare during 2014. The data came from an analysis performed by the Dallas-based Medicus Firm, the second largest physician recruitment firm in the nation (trailing only Irving’s Merritt Hawkins). It shows a positive uptick for nearly all specialties: Only general surgeons reported making less money in 2014 than 2013 ($349,000 to $353,000). Orthopedic surgeons said they made $499,000 in 2014, up from $485,000 in 2013. Cardiologists came in second and reported an even larger jump: $443,000 compared to $421,000. The survey was culled from responses by… Full Story

Sherman Surgical Hospital Joins Baylor S&W, USPI Network

Baylor Scott & White Health’s joint operating venture with United Surgical Partners has added another member. Heritage Park Surgical Hospital announced Thursday that it would join the network of more than two dozen physician owned surgical facilities known as the Texas Health Ventures Group. Full Story