Construction & Facilities Management
Hospitals confront extraordinary challenges in the aftermath of a natural disaster. These risks seem to have enlarged in recent years, and can shut down hospital operations, temporarily or entirely. Consequently, many hospitals have upgraded their business continuity planning.
Investor interest in medical office buildings remains very high. Indeed, investors have plenty of access to capital, making it a very good time for owners, including some hospitals, to consider selling such assets.
Competing needs for capital, regulatory pressures, underinvestment and tightening operating budgets threaten U.S. healthcare facilities. But an alternative infrastructure funding mechanism does exist - one that can help deliver projects in a timely and financially responsible manner.
Having IT is a necessity for hospitals, but for many, having an IT team to support that technology is a luxury. Here are some tips from experts on creating an IT team on a budget.
It might be a dirty job, but hospital linen management doesn't have to be an overly costly one.
As healthcare reimbursement shifts from a system that rewards quantity of care to quality of care, the onus is on the CFO to determine where best to allocate financial resources and how best to pare them.
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.