Kevin Chu/KCJP

Assessing facilities to determining capital investment

It's crucial that administrators choose where to invest based on accurate data and thorough analysis


In the Affordable Care Act environment, health systems must plan accurately for future capital expenditures. With multiple requests for investments, some more urgent than others, it's crucial that administrators choose where to invest based on accurate data and thorough analysis, according to an article on the Health Facilities Management website.

A facility assessment delivers this data and analysis, helping administrators invest their capital strategically today and craft an effective plan for projected expenditures over the next decade, the article said.

Facilities assessments also help administrators decide which buildings should be updated and which should be replaced. If an old building requires constant maintenance, replacing it may be more cost-effective.

The first step in a successful facilities assessment is defining the objectives, focus and the targeted final outcome. The process then proceeds with the selection of a qualified assessment team. 

Read the article.

 



August 13, 2014


Topic Area: Renovations


Recent Posts

Hand, Foot and Mouth Disease on the Rise

A number of states are reporting an uptick in HFMD, a highly contagious viral illness that primarily affects infants and young children.


BayCare Reveals Pagidipati Children's Hospital at St. Joseph's

It is a freestanding facility scheduled to open in 2030.


Preparing for the Hazards of Winter Weather

Winter is here and healthcare facilities must be ready for inclement weather to prevent slips and falls.


Why Identity Governance Is Becoming a Facilities Management Issue

As healthcare buildings grow more connected, weak identity controls can expose HVAC, security and other critical systems to serious risk.


Habitat Health Opens South Los Angeles PACE Center

The new center strengthens the local care infrastructure, delivering integrated medical, social and in-home care.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.