My Industry is... Healthcare
The healthcare industry is about the continued improvement of patient care but it is also at a critical turning point in history. Regulatory Compliance and Risk Management is top-of-mind for Healthcare providers across the country and analysts are predicting an era of unprecedented consolidation among healthcare service providers. The data speaks for itself; 2010 saw $12.6 billion committed to hospital Mergers and Acquisitions, an 86% increase over 2009.
Healthcare providers are tasked with the unending portfolio balancing act-always seeking the right mix of patient, clinical and administrative space to meet the ever changing market requirements. Real estate executives are tasked with maintaining patient-friendly, safe, and compliant facilities and systems if they hope to remain competitive.
Healthcare organizations are dealing with:
- Complex compliance reporting (JACHO, Medicare, and Medicaid)
- Aging facilities
- Sky-rocketing utility costs
- Limited capital and operations budgets
Market leaders like New York-Presbyterian Hospital, Johns Hopkins, and MD Anderson have turned to CFI for over a decade for assistance in aligning their Real Estate and Facility Management systems and processes to support their vision of a healthcare provider who works hard to maintain financial and operational strength.
CFI has helped numerous real estate and facility management teams streamline their organization and make the best use of people, processes and technology to reduce and control costs, accelerate project planning, and improve effectiveness while at the same time stripping away unnecessary expenditures.