Miscellaneous Medical Facilities —
Entities such as imaging centers, ambulatory care centers, hospices,
dialysis clinics, homecare facilities, medical spas, and a variety of other
facilities offering specialized medical services. According to some leading
brokers, there are nearly 50 distinct classes of business falling under the
broad category of "miscellaneous medical facilities." Essentially,
any hands-on interaction with patients outside of a hospital or long-term care
setting qualifies as a "miscellaneous medical facility."
In general, the prevalence of these types of facilities (as well as the
availability of insurance coverage options) is growing, although acute care
(hospitals) and long-term care facilities (nursing homes), specifically, are
not experiencing the same rate of growth. A broad shift away from inpatient
care has been one driver of this increase in miscellaneous medical facilities.
This is partly due to pressure to control healthcare costs associated with
extended inpatient treatment.