Are your operations in order?
Most hospital or physician practices don’t have a dedicated real estate department, so managing leases or an operational budget often becomes a side-job for the leadership team. They wonder, “How can we save money?” or, “How can we be more efficient?” They know there are likely cost saving opportunities within the operational aspects of their healthcare facilities, they just aren’t sure how best to identify them.
With a clear understanding of healthcare operations and the healthcare regulatory environment, RTG identifies these opportunities for cost savings as well as for improved performance. We know that in this competitive era of healthcare reform, hospitals, medical office buildings, and other ancillary facilities must be positioned as strategic assets and managed for optimal operational advantage. RTG’s approach to operations involves a broader view of the strategic plan for one or more assets, market position, capital and financing strategies, and partnership management.
With operational services ranging from property and asset management, lease administration, full-service property accounting, and regulatory compliance management, RTG is your partner for operational support that serves all parties — owners, physicians, tenants, and, most importantly, patients.
It’s no secret that COVID-19 has delivered a globally defining moment to reexamine nearly every facet of the healthcare industry as we nimbly address what’s working, what’s not working, and what can best prepare us for the future. As providers begin extensively examining ways to optimize their healthcare real estate strategies in order to adapt and remain competitive, there is one vital piece of the puzzle that has remained largely overshadowed—even amid a worldwide pandemic.
This Realty Trust Group white paper explores the essential role of the facility maintenance department within healthcare real estate operations, particularly surrounding the acute care sector as COVID-19 has shed a timely light on its critical importance.
By utilizing the tools and systems mentioned in the previous Best Practices, a Medical Office Building owner or landlord will realize an improved net operating income (NOI) as revenue grows and expenses shrink.
In this best practice, we talk about several ways in which employing these tools can improve monetization efforts.
when working on all real estate matters. 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.