Smart financial management of medical office space.
In a healthcare environment of strained resources and scarce profits, hospital administrators must seek revenue from all available sources. Some potential revenue sources are capital intensive, however, requiring large initial investments for new construction and modern equipment. Other potential revenue sources may require starting new programs and recruiting additional staff. Few potentially income-producing alternatives can be funded from existing assets, require little additional investment, and yield significant revenue. But hospitals that own and lease medical office buildings, will find that with proper management these existing assets can become sources of additional revenue.
Mikalix, Waltham, MA.
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Shactman
D003365:Costs and Cost Analysis; D003659:Decision Making, Organizational; D005377:Financial Management, Hospital / Q000379:methods*; D005607:Fraud / Q000331:legislation & jurisprudence; D007182:Income / Q000706:statistics & numerical data; D007449:Investments / Q000191:economics; D007860:Leasing, Property / Q000191:economics*; D008494:Medical Office Buildings / Q000191:economics*; D006278:Medicare / Q000331:legislation & jurisprudence; D016134:Organizational Policy; D010934:Planning Techniques; D014481:United States