| Strategic real-estate planning can generate revenue. | |
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MedLine Citation:
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PMID: 11765635 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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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. |
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Authors:
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D Hayes; S Hays |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Healthcare financial management : journal of the Healthcare Financial Management Association Volume: 55 ISSN: 0735-0732 ISO Abbreviation: Healthc Financ Manage Publication Date: 2001 Dec |
Date Detail:
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Created Date: 2001-12-18 Completed Date: 2002-01-03 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 8215859 Medline TA: Healthc Financ Manage Country: United States |
Other Details:
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Languages: eng Pagination: 62-4 Citation Subset: H |
Affiliation:
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Ernst & Young, Philadelphia, Pennsylvania, USA. daniel.hayes@ey.com |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Capital Expenditures* Cost-Benefit Analysis Decision Making, Organizational Financial Management, Hospital / methods* Hospital Design and Construction / economics Investments / economics* Leasing, Property / economics Purchasing, Hospital / economics United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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