January 10, 2015

...AND CHEAPER...:

Medical Clinics Take Over Malls' Empty Spaces (Doni Bloomfield, January 08, 2015, Business Week)

As retailers struggle to keep up with changing shopping trends, mall operators across the U.S. are looking to fill spaces left empty by the likes of Sears and RadioShack. One promising new group of tenants: walk-in medical clinics, staffed by doctors who can treat common ailments such as pink eye and minor injuries like sprains and burns.

The clinics--regional chains such as City Practice Group of New York and national ones like Concentra, the largest urgent-care organization in the U.S.--are a growing segment of the medical retail industry, says Scott Mason, executive managing director of Cushman & Wakefield's health-care group. There were 9,400 walk-in clinics in the U.S. in 2013, according to the Urgent Care Association of America, a 20 percent increase since 2009. A little more than a third are located in strip malls and shopping centers.

An appropriate location for a consumer good.

Posted by at January 10, 2015 8:32 AM
  

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