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

Healthy Buildings, Healthy Futures: IWBI and Georgetown Convene Policy Leaders in D.C.

The second annual Healthy Building Policy Summit unites stakeholders to advance policies that make every building a catalyst for well-being, resilience and thriving communities.


California Bill Could Shift Workers' Comp Burden for Hospitals

SB 632 would presume more than half of hospital injury claims are job-related, raising cost, staffing and liability concerns for facilities leaders.


Sturdy Health Announces Emergency Department Expansion and Modernization

The first floor emergency department will be 38,000 square feet.


Sabine County Hospital Falls Victim to Data Breach

There is no evidence suggesting that any of this information was accessed or misused.


Rethinking Sinks with Infection Control in Mind

Innovations in infection prevention and control can kill microbes and prevent the growth of harmful biofilms.


 
 


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.