eJane

While many real estate owners in the United States are seeing a dramatic drop in the value of their property, one are where values are on the rise is in healthcare facilities. Facilities like hospitals are usually built in central locations which is typically, at least in big cities, where folks want to live, work and play. Take New York City for example. Continuum Health Partners has been unloading property for some time now - an estimated $50 million. Quite often, this has happened with little or not explanation to doctors and nurses. In a bizarre twist, Continuum admits to cashing in on the high price of real estate and embrace the opportunity to liquidate much of its property. The company claims that every penny of each sale goes directly back into each facility (provided the entire facility isn’t sold) because many of Continuum’s healthcare facilities are having cash-flow problems.

As a travel nurse, this trend means that there will be fewer facilities to work in - yet this obviously will not change the sheer number of healthcare patients. So trust us, there will still be plenty of opportunities for travel nurses assignments, no matter how long this trend continues.

Read more about this trend in the New York Times.