We believe that several demographic, economic and industry-related factors have converged to create
an ideal opportunity to generate value through strategic investments in healthcare-related real
(1) National Health Expenditure Projections 2016-2025. Table 2: National Health
Expenditure Amounts and Annual Percent Change by Type of Expenditure: Calendar Years 2009-2025.
Centers for Medicare & Medicaid Services, Office of the Actuary.