5 opportunities to harness real estate to meet priorities in 10 to 15 months

Real estate sits at around 40% of a hospital’s balance sheet, however, not all hospitals are capitalizing on this large expense, according to JLL’s 2015 healthcare trends analysis report.

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In the report, JLL reveals five areas of opportunity for hospitals to use real estate approaches to function more efficiently and increase savings.

Based on trends-tracking, data analysis and recent market behavior, JLL found ways for hospital and health systems to capitalize on real estate-based opportunities in the coming 10 to 15 months including:

– Adopting a retail strategy

– Increase return on assets by monetizing and optimizing existing real estate

– Rethink plant operations

– Pursue partnerships and alliances to leverage scale

– Analyze and better utilize space

The report breaks down each opportunity into “bite-size” pieces by focusing in on 3 areas of each opportunity: “What’s behind it?”, “the facts” and “the opportunity.”

To read the report in full, click here.

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The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

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