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.
CRAB Alert: The EVS Role in Preventing Infection
Why Hospital Waiting Rooms Aren't Going Away
Ground Broken on Mount Sinai Tisch Cancer Hospital
Design, Compartmentation, Training: How Defend-in-Place Strategies Can Protect Patients
Milestone Marked with Topping Out Ceremony for BayCare Hospital Manatee