The study, “Improving Healthcare Systems through Strategic Real Estate and Property Management,” found that despite the advantages, only seven of the 40 U.S. healthcare systems surveyed are strategically managing their property assets.
“With more than 40 percent of a healthcare systems assets tied up in real estate and facilities, gaining critical management control is essential to support a system’s financial and operational strategy,” Peter Bulgarelli, COO of Jones Lang LaSalle’s Healthcare Solutions group, said in a statement. “Those systems that have focused on how real estate can facilitate strategic improvements have enhanced competitive positions, built financial strength and become industry leaders. Those who manage real estate at the most local level will struggle to remain competitive and survive in today’s healthcare environment.”
The study recommends that health systems implement centralized real estate strategy and management that oversees four functions: planning, building, transacting and managing.
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