Report helps facilities departments speak finance

Report provides healthcare facilities departments with benchmarking tools to help them communicate effectively with finance-focused senior management.

By Healthcare Facilities Today


The “Benchmarking 2.0 Health Care Facility Management Report”  helps facilities departments speak finance, providing them with benchmarking tools to help them communicate effectively with value-focused senior management.

The report, recently released from North America's three leading health care facilities and engineering societies, provides operations and maintenance data for acute care hospitals, medical centers, critical access hospitals and rehabilitation centers. 

An article in the June issue of Health Facilities Management details how the Health Care Institute, an alliance partner of the International Facility Management Association (IFMA), in cooperation with the American Society for Healthcare Engineering (ASHE) and the Canadian Healthcare Engineering Society (CHES) have developed this report to help healthcare facilities managers position their departments in a positive financial light.

According to the article, the project captured and broke out units of measurement within the categories of real estate and property management, risk management, facilities, construction, utilities, engineering, maintenance, environmental services and linen.  Within these areas, the report provides hundreds of benchmarks for a variety of organizational demographics, including type, size, region and scope of service, among others. The reporting process also used the health care financial matrix of "adjusted patient discharges" to provide additional value proposition to the data and, ultimately, for facilities departments.

The result? What the Health Facilities Management article calls a “handy toolbox” for healthcare facilities professionals to aptly demonstrate to senior-level management why there is value in their departments and provides at-hand information to figure true cost based on square feet and adjusted patient discharge.

Read the article.

 



August 21, 2013


Topic Area: Maintenance and Operations


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