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.
In this Best Practice Briefing, Realty Trust Group highlights a few of the many issues that make management of healthcare properties unique and different from other types of commercial properties.
Although healthcare real estate property management leverages many corporate real estate best practices, it also presents several unique challenges. In addition to the need to respond to tenant needs, numerous industry-specific facility regulations and patient safety measures add complexity to healthcare property management. Experienced healthcare property managers are critical to ensuring an effective management platform in this fast-paced, high-touch industry.
PART ONE – REVENUE
In Part 1 of a 3-Part Best Practices briefing, Realty Trust Group will explain a few of the advantages of utilizing the technology of a Lease Administration / Accounting system.
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.