James Ellis, CEO, Health Care Realty Development Company, is a nationally recognized successful real estate investor and developer of medical office properties with a comprehensive knowledge of sophisticated real estate transactions, cost effective designs, and efficient property management. Aaron Razavi is Associate Marketing Director at Health Care Realty Development.
James Ellis and Aaron Razavi
At the last medical real estate conference I attended the notion of making a hospital adaptable for new technology and space requirements was a recurring phrase from the major health systems' vice presidents of real estate in attendance.
How can hospitals decrease patient medical charges while promoting patient autonomy? Switch to a patient-centered care approach.
How does the CEO of a best performing hospital, according to Thomson Reuters 100 Top Hospitals, manage priorities?
As a source of high patient volume as well as anxiety, creating a high quality, safe, uninterrupted and efficient emergency department is an important goal for any hospital.
With Medicare soon releasing a final rule on reducing hospital readmissions, hospitals need to strengthen their efforts in this endeavor. Hospitals with the highest rates of readmissions can face the harshest penalties, with the CMS cutting 3% of their reimbursements.
As a booming state in many aspects, it’s no surprise that Texas is also a leading state in new hospital construction and renovation.
Facing financial difficulties and an eagerness to grow, nonprofit and smaller hospitals are looking towards merging with larger health systems.
At a medical office conference I attended, influential hospital executives stated that investing their capital in infrastructure needs and health information technology (IT) took priority over building new or renovating existing hospital ancillary facilities.
After the American Hospital Association released its Accountable Care Organization (ACO) report on start up costs, many health systems are rethinking how they want to structure their organization.
Whether for patients with long drive times in rural communities or set in urban settings for a more convenient and quicker treatment, satellite emergency departments are attractive prospects and as two studies show, a fairly lucrative proposition for a health system looking to develop.