PROJECT ENGAGEMENT SNAPSHOT
After merging with another healthcare system, our client learned some of their newly acquired facilities had aging infrastructure with great exposure to problems that could impact ongoing functionality. They needed to eliminate any hidden liabilities and better plan for the future.
A real estate assessment allowed them to proactively identify significant risks and deficiencies that needed to be addressed within the next 5 years. The necessary improvements became clear and were prioritized by urgency, with recommended start dates. Additionally, a revenue performance analysis allowed the client to determine where they needed to allocate the most funding on each campus.
Out of their eight campuses evaluated, one needed the most critical upgrades. Armed with clear information, the client was able to focus on improvements to this campus and postpone other projects, to best utilize their available capital.