As ongoing financial pressures in healthcare threaten operational efficiency, patient care quality, and overall financial sustainability, implementing effective cost management strategies at every stage of the asset lifecycle can be crucial for optimizing health system performance and maintaining financial health. In this session, attendees will gain practical, actionable strategies for managing real estate and facility costs across the asset lifecycle—from initial planning and design to construction, project delivery, and long-term operation. They will leave equipped to drive both immediate cost savings and long-term asset performance, ultimately supporting their organization’s bottom line, while enabling quality in care delivery.
Learning Outcomes:
1. Discover how early decisions—such as choosing energy-efficient systems, ensuring flexible designs, and planning for future needs—can reduce costs and improve the performance of assets over time.
2. Learn how incorporating sustainable solutions and adaptable designs from the start can facilitate care delivery efficiency, drive long-term savings and enhance asset longevity.
3. Understand how to manage uncertainty and challenges like tariffs, labor shortages, and supply chain disruptions during project delivery to meet your project goals.
4. Explore strategies for ongoing cost management, including capital and expense management, preventive maintenance, and optimizing space usage.
