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.
Building Disaster Resilience Through Collaboration
Tampa General Hospital Acquires 53-Acre Property in Citrus Hills
Community Health Systems to Sell 3 Pennsylvania Hospitals to Tenor Health Foundation
A 'Superbug' Is on the Rise in Hospitals
The Next Generation of Security Tech in Healthcare Facilities