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.
Cost Saving Strategies for Hospital Modernization Projects
Central Jersey Medical Center Reports Ransomware Attack
Ground Broken on New Northside Hospital Cherokee Medical Building
Spaces That Support: Patient-Centered Design for Modern Reproductive Health
Modernization of Buildings Require Collaboration Across All Disciplines