Construction & Facilities Management
Rent deferments will help some hospitals in the short term while the interest will make real estate companies whole by year's end.
The decision is unrelated to the current COVID-19 coronavirus pandemic, Kaiser says.
Dr. Elaine Batchlor, CEO of Martin Luther King, Jr. Community Hospital - which attained HIMSS EMRAM Stage 7 - discusses building healthcare infrastructure from scratch.
Infrastructure work on the tower will likely begin next month, with completion predicted to take place during the spring of 2022.
Officials say the new building will reduce operational costs by more than $60 million annually and support affordable care for the community.
Georgia USA is partnering with large, established healthcare enterprises and entrepreneurs to better utilize the state's resources and workforce.
The new lab brought additional jobs to the area. The lab is forecasted to save NYC Health + Hospitals more than $20 million annually, improve lab performance and efficiency.
Expansion will be located within the current MGH campus and will include a 12-story pair of connected towers; funding efforts are already underway.
The system's equipment sharing program saved $500,000 in its first year but Ronald Loo, who came up with the idea, said it's become about much more than the money.
Many hospitals and health systems are reluctant to relinquish control of medical office buildings, but doing so can free up much-needed capital.