Tolbert Samuel H, Wood Carol P
Lander University, Greenwood, SC, USA.
J Health Care Finance. 2007 Winter;34(2):71-80.
Physicians often face a major financial dilemma: To lease or own their medical office. This article takes a set of typical assumptions for a real estate market and analyzes the capital costs, cash flow, and investment implications of the option of leasing a medical office versus owning a similar property. The paper analyzes the financial aspects of each option and the impact on net physician income and potential return-on-investment. A model for analysis is presented that can be used by practitioners who advise physicians in such decision-making.
