Hospitals and healthcare systems are reconsidering the value of their real estate and are considering monetizing their assets to fund other initiatives, according to an article on the Health Facilities Management website.
Healthcare organizations should ask themselves three key questions to determine whether they should consider this:
• What do we own?
• Why do we own it?
• What is it worth?
The majority of these owned real estate assets are not mission-critical, have substantial equity value and could be utilized better to unlock the capital needed to fund growth initiatives, the article said.
Where Workforce Strategy Meets Facility Design
OCAD Student Research Inspires Dementia Friendly Shower Redesign at UHN Hospital
Atrium Health Navicent Ensnared in Oracle Health Data Breach
Two Steps to Controlling the Hot Zone
RiverSpring Living Breaks Ground on River's Edge Senior Living Community