8 Tips for Long-Range Cost Savings in Healthcare Construction
Savvy project management can reduce construction costs and improve patient satisfaction.
Focusing on facilities for sustainable cost savings
By implementing a campus consolidation, leaders at Boston Medical Center have saved millions of dollars per year on facility costs while substantially increasing patient volume.
4 Things to Consider Before Signing That Lease
Tax liabilities, subleasing, permitted uses, and even HIPAA need to be considered when preparing healthcare facility leases.
Financing Facility Upgrades Through Real Estate Monetization
By reallocating investment dollars from real estate to facility development and upgrades, health providers can build value while also reducing financial and administrative burdens.
Ask the Experts: Reagent Agreements
How do you record reagent agreements for which the vendor locks in the price on various reagents if the hospital commits to a minimum purchase quantity each year?
A Growing Health System Contains Costs Through Outsourcing
Methodist Health System wanted to manage and maintain its facilities more efficiently after more than a decade of expansion. Improved contracting practices saved $250,000 in the first several months.
4 Ways Real Estate Strategy Curbs Costs and Supports Care
By perfecting the “puzzle” of care settings and reaching more patients more effectively, health systems can make invaluable headway in their critical goals of reducing fixed and operating costs.
Hospital Building Leases Involve Special Requirements
Keep five facilities-related issues in mind when negotiating new building leases.
Why Age Is Not Enough: A Better Approach to Equipment Replacement
By considering maintenance and other costs, hospitals and health systems can work more efficiently to replace equipment.
A Facilities Reinvestment Schedule Prevents Surprises, Creates Savings Opportunities
Having a disciplined, long-term reinvestment schedule is one way many healthcare organizations keep their facilities in top shape, maximize energy savings, and prevent catastrophic systems failures resulting from inadequate maintenance.