Why Does Real Estate Matter?

The healthcare industry is a challenging environment for all participants, particularly so for providers. Dealing with staffing shortages, COVID-19, increased regulatory scrutiny, new technology requirements, and a plethora of other issues requires strong leadership coupled with a willingness to embrace and adapt to change. First and foremost, healthcare leaders must fully understand organizational goals and what tactics they want and need to utilize to achieve those goals. Developing and implementing a sound real estate strategic plan aligned with the organization’s overall direction and strategy can provide multiple opportunities for growth.

Real estate matters because it directly and materially impacts an organization’s financial health and functional operations. It is an often overlooked function having a direct bearing on the highly-coveted patient experience. Considering real estate is typically one of the top expenses for any healthcare entity, decisions related to this function typically impact an organization for several years.

Download this Best Practices briefing to learn how real estate can reduce costs, create value, and enhance the patient experience.

RTG provides innovative real estate solutions so that healthcare leaders save money, manage risks, and enhance the delivery of care. Learn more about RTG’s Healthcare Real Estate Services, here.