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.
Small Details, Real Impact: Design With Caregivers in Mind
Safety Features Senior Living Communities Prioritize
Cherry Health Reports Data Breach Incident
Avoiding Mistakes in Healthcare Site Selection
Can Rural Hospitals Be Saved?