🚨 The Anti-Kickback and Fair Market Value Pitfall: Why Free Space is a Felony Risk

🚨 The Anti-Kickback and Fair Market Value Pitfall: Why Free Space is a Felony Risk

Why your goodwill is a compliance risk. Many founders let referral partners use clinic space for "convenience"—but under the Anti-Kickback Statute (AKS), free space is illegal remuneration. We break down the "One Purpose" test, the felony penalties, and the non-negotiable step to achieve Safe Harbor protection: an independent Fair Market Value (FMV) appraisal for every use.

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Capital Protection vs. Coordination: The Most Expensive "Savings" in Healthcare Real Estate

Capital Protection vs. Coordination: The Most Expensive "Savings" in Healthcare Real Estate

Managing your own healthcare buildout isn't a cost-saving measure—it's a tax on your focus and capital. Learn why the "Expertise Gap" leads to 25-50% project overruns and why integrated oversight offers a 5-10X ROI over DIY project management.

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You Only Build Your First Clinic Once

You Only Build Your First Clinic Once

First-time founders learn more in their first clinic buildout than they ever wanted to know about real estate development. The early decisions—programming, design standards, square footage assumptions, lease language, and code interpretation—shape every clinic they build afterward. This piece breaks down the most common pitfalls and how founders can set themselves up for success before the stress hits.

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Healthcare Real Estate Has No Unicorns — Only Tradeoffs

Healthcare Real Estate Has No Unicorns — Only Tradeoffs

Founders often assume healthcare will flex easily into office, retail, or industrial. It can — but every building comes with constraints: parking, code, infrastructure, and TI gaps. This piece breaks down how to evaluate those tradeoffs the right way early in the site selection process.

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More Human, Not Less: What Houston Methodist’s ‘Clinic of the Future’ Teaches Us About AI, Design, and Care Delivery

More Human, Not Less: What Houston Methodist’s ‘Clinic of the Future’ Teaches Us About AI, Design, and Care Delivery

At this year’s Healthcare Design Expo, Houston Methodist demonstrated how thoughtful integration of AI, design, and operations can return time and focus to care teams. Their “Clinic of the Future” shows that when technology supports people instead of replacing them, healthcare becomes more human — and more effective.

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PACE Tenants Deliver the Stability Investors Want and the Impact Communities Need

PACE Tenants Deliver the Stability Investors Want and the Impact Communities Need

For landlords and investors, PACE centers deliver something rare in today’s market: reliable tenants, predictable returns, and properties that improve the communities they serve. Learn why these healthcare operators are redefining long-term value.

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From Seattle to New York: Reflections on NPA 2025

From Seattle to New York: Reflections on NPA 2025

Three years ago, I attended my first NPA conference in Seattle. This year in New York, the tone felt different. The conversation has shifted from explaining what PACE is to proving what it can do.


Across every session, one theme stood out: to move from niche to necessary, PACE needs transparency, operational clarity, and policy support.

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Why I Started Retained CRE: De-Risking De Novo Healthcare

Why I Started Retained CRE: De-Risking De Novo Healthcare

After years of helping healthcare startups build and scale, I've launched Retained CRE to help founders avoid the "real estate snowball." I'm an operator, and I'm here to solve the real estate complexity so you can focus on building great care.

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