The business concept of timesharing has invaded even the medical profession. A new type of timeshare structure is now open for doctors. One thing is not sure yet, if such timeshare will also end up having owners seeking for timeshare relief.
The Memorial Hermann Hospital System opened up a new type of medical real estate with the main purpose of bringing more primary care physicians to be part of the Texas Medical Center campus.
The new timeshare facility is composed of three examination rooms and a medical office space on the 25th floor of Memorial Hermann Medical Plaza. It is a 2,000 square feet facility made available for doctors who needs to rent out space for their medical practice.
This strategy allows doctors to enjoy the luxury of a new facility as well as an easy access to the Medical Center technology without having to invest through their own efforts and resources. It surely is a relief to medical doctors since it is highly expensive to put up one’s own medical facility. Timesharing the facility with other doctors make it more realistic for doctors to practice their profession.
However, the doctors should make it a point to read the contract they sign in to for the medical timeshare facility. Doing so will ensure that they will not need to get rid of the timeshare the way other timeshare owners are doing as of the moment. If it is difficult to resell a timeshare resort, it will surely be doubly difficult to get rid of the medical timeshare property.
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