Clients often come to us with an initiative in mind, maybe to expand services or grow into a new market. They know it will require real estate but they don’t have many other answers. They ask “What will it cost?” and “When can we open?” While these questions are important, RTG believes we must first understand another set of questions to ensure that real estate follows strategy. What are your objectives? Why are you doing this? What happens if you don’t? What are the alternatives?
Once those questions are vetted, RTG works to determine smart solutions to meet your strategic, operational and financial goals. Our team of healthcare real estate experts are committed to providing every client independent and objective real estate advice. We leverage our experience buying, selling, developing and managing real estate, to ensure that we offer sound advice and actionable strategies.
No matter what complex real estate challenge you face, the RTG team is prepared to help you find the smart solution. The right location, the right healthcare services, the right time, and the right cost structure…. The right results for your next project.
Healthcare providers of all sizes are challenged to reshape their businesses in response to the ever-shifting industry landscape. COVID-19 has undoubtedly accelerated these pressures and further increased the emphasis on cost management, market efficiencies, and access to capital.
Real estate optimization is a relatively new concept in the healthcare industry. A myriad of industry shifts have caused healthcare providers to re-evaluate real estate ownership and management approach within the context of broader strategic objectives.
As healthcare providers continue to reshape their businesses and face the challenges of the ever-shifting industry landscape, finding cost savings is critical to maintaining competitiveness. Most healthcare providers have significant investments in real estate and facilities, yet these assets are often overlooked as a potential source of cost savings and available capital. There are methods and strategies commonly used in other industries to create value and improve efficiencies through real estate and facilities management that can be but are often not, effectively utilized by healthcare organizations.
The number and pace of health system mergers and acquisitions are expected to continually increase. As the financial pressures of value-based reimbursements and the effects of COVID-19 continue to mount, the number of smaller systems and independent hospitals that will be looking for a partner is expected to rise.
In this Best Practices briefing, Realty Trust Group highlights the key real estate considerations for hospital mergers and acquisitions to ensure maximum success.
We know and have talked to some healthcare real estate firms others that are good, but they may not have the breadth that RTG has. It would be a learning curve for a new firm to get to know us. RTG knows Northside and the way we want things delivered.