KNOXWILL, Tennessee., July 1, 2021 / PRNewswire / – In today’s dynamic, competitive healthcare environment, healthcare providers are constantly challenged to perform better. Balancing continuous growth, high quality care, cost containment and optimized operations is not an easy task. In the midst of these challenges, many healthcare systems, medical practitioners and other service providers are overlooking the significant potential of strategic and financial opportunities that lie in their real estate portfolios.
Real estate continues to be and always will be an important component of healthcare delivery. With most healthcare providers owning or renting hundreds of thousands, if not millions of square feet of real estate, it should come as no surprise that real estate and properties generally equate to one of the largest assets on the balance sheet and one of the biggest expenses. in the income statement. Moving from a tactical day-to-day operational approach to real estate management to a more holistic approach based on organizational strategy can empower healthcare leaders to take a more strategic, business-focused approach to using real estate to achieve broader strategic goals. …
While traditional healthcare asset management functions such as maintenance and work orders, supplier coordination, and building codes are certainly imperatives for successful healthcare facility management, they are often tactically focused without considering overall strategic and operational considerations in general. portfolio of real estate. Expanding to a comprehensive portfolio management approach to assess strengths, weaknesses, opportunities and threats offers a competitive advantage in a versatile environment to those who capitalize on critical operational and strategic real estate-related opportunities.
Effective portfolio management involves a number of key elements, including strategic alignment, portfolio tracking and reporting, relationship management, enterprise asset management, and regulatory compliance. To find out more, download our white paper “Healthcare Property Portfolio Management: A New Approach to Healthcare Property Management… “
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About Realty Trust Group
Realty Trust Group, LLC (“RTG”) is a real estate consulting and services company offering a full range of real estate services including consulting, development, transactions, operations and regulatory compliance.
Since 1998, RTG has been helping hospitals, physician groups and property owners navigate a rapidly changing industry with growth strategies that ensure market leadership and improve patient and physician services for better healthcare delivery. Our philosophy is to provide innovative solutions to the complex and challenging problems that arise in today’s healthcare real estate market. These solutions include strategic campus and facility planning, portfolio optimization, portfolio monetization, project development, leasing, acquisition and distribution services, portfolio management, regulatory compliance, and many other ideas and services. For more information on RTG and our innovative healthcare services, visit www.realtytrustgroup.com, Facebook, LinkedInor call 865-521-0630.
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