Healthcare Market Overview

Healthcare Market Overview


The population of the United States recently reached an estimated three hundred million. Even in our current turbulent economic times, this milestone and the underlying reasons for our nation’s accelerating population growth, bodes well for the Clarity group of companies and great for health care real estate development in general.

Population growth of nearly any kind means a higher demand for health care, which equates to a greater health care real estate development demand. One reason for the growth is that the U.S. annual birth rate of fourteen births for every thousand people far exceeds the U.S. death rate of eight per thousand. Another reason is that immigration accounts for forty percent of our growth. That is a gain of more then five new health care patient every minute, of every day.

The U.S. elderly population is the largest ever. People aged sixty-five and older now constitute twelve percent of the total U.S. population and that is expected to soar to twenty-one percent by 2050. An older population means more health care requirements and more health care real estate development opportunities.

Net operating income rose sharply last year among the senior living communities surveyed in a recent “State of Seniors Housing” survey. The survey included 462 respondents, including independent living communities, assisted living residences and continuing care retirement communities. Median net operating income (NOI) increased appreciably for all three property types surveyed; twenty-six percent for continuing care retirement communities, seventeen percent for independent living communities and over eight percent for assisted living residences. The median return on investment (ROI) was sixteen percent, twelve percent and ten percent, respectively.

The Clarity group of companies is also focusing on the sixty percent of Americans that now live in the South and West, up from fifty percent in 1970. Warm climate seeking retirees are a big reason for this shift and the opportunity to serve this growing geographic population with Life Style Living projects is very understandable. Half of the U.S. population lives in suburbs up from thirty eight percent in 1970. This large, older, affluent and fast-growing sector of our population will only become more insistent in their future demands for increased and more convenient health care services.

The Clarity group of companies is also focusing on the thirty-five million foreign-born people that now live in the U.S. and comprise a large and often underserved market. Affordable Housing Solutions projects will cater to this underserved demographic.

The U.S. population is projected to add one-hundred million more patients for a total U.S. population of four hundred million, in just thirty-six more years. This translates into a very substantial health care real estate development demand.

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