The number of single-specialty leases signed has grown 55% since 2022, and orthopedics is driving the trend, according to a report from real estate company CBRE.
Three things to know:
1. Of all single-specialty leases signed between 2022 and 2025, 22% of them were for orthopedic facilities, the March 26 report said. Facilities for “other” specialties (20%) and oncology (11%) followed.
2. Of all specialties, surgery centers saw the greatest rent escalations over three years with an average increase of about $35. Single-specialty outpatient facilities had an average rent increase of $30.
3. Surgery centers saw the largest increase in number of leases from 2022 to 2025. The number of ASC leases grew 145%. Single-specialty outpatient facility leases grew by nearlt 60% in the same time period.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
