Construction & Facilities Management
Honolulu's Kuakini Medical Center was anticipating an enormous capital investment to upgrade its energy systems, when a golden opportunity came along.
Community Health Systems, Inc. completed its $7.6 billion acquisition of Health Management Associates on Monday. The Franklin, Tenn.-based hospital chain is now the largest in the country, measured by sheer number of facilities owned and operated.
Back in the early 2000s, Mid-State Health Center was in dire need. The new CEO knew something had to be done immediately, but the facility didn't have access to appropriate funding. So, the CEO got creative.
Ten years ago, executives at MaineGeneral Health, a rural healthcare system consisting of several acute care hospitals, physician practices, outpatient facilities and homecare services in central Maine, knew they had a decision to make regarding two of their facilities: they could upgrade their buildings or start from scratch.
MaineGeneral Health's cutting-edge new hospital regionalizes healthcare for the area.
For hospitals and health networks considering a development project or real estate transaction, engaging an advisor can provide numerous benefits. But how do you properly evaluate a firm in order to select the right advisor?
Decisions about facility maintenance and repair of senior care structures may have traditionally been left to facility managers but executives should be leading the way.
Investor appetite for medical office buildings has been strong since 2012 and that trend has continued into 2013 and looks like it will persist.
When it comes to hospital construction and design, the decisions around what is built and how it's built all have significant impact on not only an organization's bottom line, but also the quality of care given to patients.
Hospitals and health systems never seem to have enough capital – especially with the new initiatives and mandates driven by healthcare reform and other industry changes. Yet some providers seem to be overlooking one of their most favorable, easiest-to-access capital sources: their real estate.