Real estate sits at around 40% of a hospital's balance sheet, however, not all hospitals are capitalizing on this large expense, according to JLL's 2015 healthcare trends analysis report.
In the report, JLL reveals five areas of opportunity for hospitals to use real estate approaches to function more efficiently and increase savings.
Based on trends-tracking, data analysis and recent market behavior, JLL found ways for hospital and health systems to capitalize on real estate-based opportunities in the coming 10 to 15 months including:
- Adopting a retail strategy
- Increase return on assets by monetizing and optimizing existing real estate
- Rethink plant operations
- Pursue partnerships and alliances to leverage scale
- Analyze and better utilize space
The report breaks down each opportunity into "bite-size" pieces by focusing in on 3 areas of each opportunity: "What's behind it?", "the facts" and "the opportunity."
To read the report in full, click here.