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

Site Selection Mistakes: What Not To Do

Healthcare providers that treat site selection as a strategic decision, not a simple real estate deal, will be positioned for long-term success.


High-Performance EFCO Systems Shape MUSC's New Black River Medical Center

Case study: A sweeping curved-glass entrance, impact-resistant envelope and energy-efficient fenestration support a sustainable, resilient design for one of South Carolina’s newest rural hospitals.


Heritage Valley Health System to Officially Affiliate with Alleghany Health Network

With the affiliation now complete, Heritage Valley Beaver and Heritage Valley Sewickley will be rebranded.


The Impact of Acoustics on Patient Privacy

As healthcare facilities evolve toward more open and flexible care environments, acoustic privacy has become essential.


Texas Behavioral Health Center in Dallas Opens with Ribon-Cutting Ceremony

The 456,265-square-foot facility offers a variety of therapeutic, recreational and social spaces that prepare patients for life outside the hospital.


 
 


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.