The Role of Post-Acute Care in the Healthcare Delivery System

by | 12 August 2019

In Colliers’ Summer 2019 edition of the Healthcare Services Report, we provide an overview of Post-Acute Care (PAC) and focus on Inpatient Rehabilitation Facilities (IRFs), a key segment of the PAC continuum. In addition to defining the nature of IRFs, we focus on their growth; policy and income considerations; sales and pricing trends; and provide some pointers for investors. In part two of this report to be published this Fall, attention will be centered on Behavioral Health Facilities, another major inpatient segment.

Key Takeaways

  • Post-Acute Care (PAC) is playing a crucial and increasing role in the healthcare delivery system
  • Inpatient Rehabilitation Facilities (IRFs) represent the fastest-growing area of PAC
  • The key challenge for IRFs is reimbursement, given their high proportion of Medicare patients
  • Freestanding, off-campus IRFs have the greatest operating margins
  • IRF investment performance is on par with mainstream medical office
  • Specialization and joint ventures are on the rise as IRFs seek to stay ahead

For more details, download the full report here.