Focusing On The Bottom Line During COVID

Facility managers must handle the financial challenges created by COVID-19


During the COVID-19 pandemic, maintenance and engineering managers face a host of challenges related to improving HVAC system efficiency and ensuring proper sanitation, all in an effort to protect the health of their departments’ technicians, as well as building occupants returning to work, according to an article from Facilities Maintenance Decisions on the FacilitiesNet website.

As of early August, 424 companies have gone bankrupt, surpassing the number of filings during any period since 2010.  And many organizations are confronting unprecedented issues related to their bottom lines due to the impact of the COVID-19 pandemic. Companies across all sectors face a severe cash crunch with respect to running their daily operations due to the pandemic.

Reacting to the drop in revenues, many organizations out of necessity began trying to reduce overall costs. They looked at expenses to determine where reductions could be made without impacting the business too much.

The  most important recommendation for managers looking to find greater efficiency and avoid coronavirus-driven budget and staff cuts is to look internally for opportunities for improvement.

Read the full FacilitiesNet article.



October 13, 2020


Topic Area: Maintenance and Operations


Recent Posts

Fire Protection in Healthcare: Why Active and Passive Systems Must Work as One

Sprinklers, smoke compartments and firestopping can form an interdependent safety strategy.


Cleveland Clinic Hits Key Milestones for Palm Beach County Expansion

These include plans to begin demolition of current structure and hospital site preparation in 2026 and open the outpatient center and ambulatory surgery center in 2027.


Emanuel Medical Center Caught Up in Data Breach

The breach occurred in May 2025.


Assisted Living Facility Violated Safety Standards: OSHA

Fire at Gabriel House killed 10 residents died and injured and displaced dozens of others.


McCarthy Completes Construction of Citizens Health Hospital in Kansas

The facility is among the nation’s largest hospitals funded through the U.S. Department of Agriculture’s Critical Access Hospital program.


 
 


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.