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Strategic real-estate planning can generate revenue.
Healthc Financ Manage. 2001 Dec; 55(12):62-4.HF

Abstract

Many healthcare organizations treat their real estate as liabilities rather than assets and overlook opportunities to generate significant additional revenue and reduce costs. An Ernst & Young Study found that to maximize the return on investment in their real-estate holdings, healthcare organizations need to include property management in their strategic plan, manage construction and expansion effectively, adapt and reuse their facilities where possible, and pursue innovative real-estate strategies. Managing real-estate assets effectively can free up capital to use for other core business needs.

Authors+Show Affiliations

Ernst & Young, Philadelphia, Pennsylvania, USA. daniel.hayes@ey.comNo affiliation info available

Pub Type(s)

Journal Article

Language

eng

PubMed ID

11765635

Citation

Hayes, D, and S Hays. "Strategic Real-estate Planning Can Generate Revenue." Healthcare Financial Management : Journal of the Healthcare Financial Management Association, vol. 55, no. 12, 2001, pp. 62-4.
Hayes D, Hays S. Strategic real-estate planning can generate revenue. Healthc Financ Manage. 2001;55(12):62-4.
Hayes, D., & Hays, S. (2001). Strategic real-estate planning can generate revenue. Healthcare Financial Management : Journal of the Healthcare Financial Management Association, 55(12), 62-4.
Hayes D, Hays S. Strategic Real-estate Planning Can Generate Revenue. Healthc Financ Manage. 2001;55(12):62-4. PubMed PMID: 11765635.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - Strategic real-estate planning can generate revenue. AU - Hayes,D, AU - Hays,S, PY - 2002/1/5/pubmed PY - 2002/1/5/medline PY - 2002/1/5/entrez SP - 62 EP - 4 JF - Healthcare financial management : journal of the Healthcare Financial Management Association JO - Healthc Financ Manage VL - 55 IS - 12 N2 - Many healthcare organizations treat their real estate as liabilities rather than assets and overlook opportunities to generate significant additional revenue and reduce costs. An Ernst & Young Study found that to maximize the return on investment in their real-estate holdings, healthcare organizations need to include property management in their strategic plan, manage construction and expansion effectively, adapt and reuse their facilities where possible, and pursue innovative real-estate strategies. Managing real-estate assets effectively can free up capital to use for other core business needs. SN - 0735-0732 UR - https://www.unboundmedicine.com/medline/citation/11765635/Strategic_real_estate_planning_can_generate_revenue_ DB - PRIME DP - Unbound Medicine ER -