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Hospitals and healthcare systems are reconsidering the value of their real estate and are considering monetizing their assets to fund other initiatives, according to a post on the Healthcare Facilities Today website.
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.
Read the article.
Read more about healthcare on the Healthcare Facilities Today website.
This Quick Read was submitted by Cathryn Jakicic, Healthcare Industries Editor, Facilities.net.