Minimizing Pandemic’s Impact on Facilities Funding

Best practices in securing capital and operational funding

By Dan Hounsell


The COVID-19 pandemic has changed nearly every aspect of healthcare facilities management, from HVAC systems and infection control, but one element affected deeply in the last 15 months — the bottom line — has an impact on nearly everything else.

Now, with the midway point of the year approaching, many healthcare managers are in the midst of creating their capital and operational plans, according to Health Facilities Management.

With year-over-year revenues down at most facilities, capital plans are being modified, if not postponed, so managers should examine the potential impact to their facilities.

What are best practices in securing capital and operational funding? Here are questions facilities managers should ask:

  • Is asset data in the computerized maintenance management system accurate?
  • Does the facilities manager have the correct inventory, asset condition, installation date, preventive maintenance, and break-and-fix history?
  • Does the manager have a baseline engineering assessment of the facility? This can be as formal as a facility condition assessment by a third party or an assessment using the subject matter expert on the facilities management team.


May 19, 2021


Topic Area: Maintenance and Operations


Recent Posts

Why New Era of Care Demands an Ambulatory Facilities Approach

The shift from hospital-centric to ambulatory care has outpaced most health systems’ operating models, creating urgency for a new facilities management playbook.


ClearSky Health Plans New Medical Rehabilitation Hospital in North Carolina

The hospital will provide specialized rehabilitative care to patients recovering from disabling injuries or illnesses.


Bacon County Health Services Reports Data Breach

Immediate action was taken to secure its network and to ensure that patient care was not disrupted.


Building Around Care: Lessons in Modernizing Active Healthcare Environments

The challenge is how to modernize a healthcare facility while patients continue receiving care and physicians, nurses and staff continue providing it.


St. Luke's Heart Hospital Opens at Anderson Campus in Pennsylvania

The five-story, approximately 355,000-square-foot facility is seamlessly integrated into St. Luke's Anderson Campus.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.