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.
Silent Undercount: HAI Deaths Are Far Higher Than Reported
Ground Broken on Cleveland Clinic Avon Hospital Expansion Project in Ohio
Tennessee Oncology Opens New Tullahoma Medical Center
Rethinking Carpeting's Role in Senior Care Facilities
Parkview Health Breaks Ground on New Hospital in West Lafayette, IN