Medical-Real-Estate

Medical Real Estate Becoming More of a Priority

For Dentists, For Doctors, Real Estate Insights, Relocation

Healthcare systems used to think about real estate in terms of finding four sturdy walls and a roof that fit their bottom line. But, in 2018, healthcare executives are becoming increasingly strategic in their real estate decisions, labeling it as a high priority.

The factors that have spurred this shift are lower reimbursements, the entrance of nontraditional healthcare delivery and the aging population. Healthcare executives are now making it a top priority to control costs, improve efficiency and increase returns on their real estate investments.

Healthcare real estate is no longer strictly a liquid asset that is managed to increase cash flow and free up capital for other projects. Now, healthcare real estate is seen as a way to improve the sustainability of operating margins.

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Doctor-Lab-Coats

The Boutique Retail Approach to Healthcare

For Dentists, For Doctors, Medical Offices

Healthcare is and always has been an industry that changes rapidly. 2018 has been no different, but this year the trends have focused on value, quality of care, and patient outcomes.

Many medical practices have been scrambling to try to figure out how they can deliver the best patient care experience while continuing to turn a profit. This challenge has become more and more difficult due to high overhead, tightened government regulations, and only a finite number of hours in the day with which to devote to patients.

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GZ-data-security-healthcare

The Growing Need for Data Security in Healthcare

For Dentists, For Doctors, Medical Offices

Healthcare security threats are ever-changing and ever-growing. And so are their associated costs. The costs of healthcare data breaches are among the highest of any industry. Each breach costs $380 per record — or $6.2B globally.

With 90% of hospitals reporting a breach, the risk of facing these costs is all too real.

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Group-Practices

Industry Trend: The Rising Tide of Group Practices

For Dentists, For Doctors

For several years, the medical industry has been facing a major shift from private to group practices. Privately owned practices are increasingly giving way to group practices directed by larger corporations or to new providers aiming to offer services directly to patients — and primary care physicians are leading the trend.

There are several reasons why this shift is occurring; these include decreased profitability, operational challenges arising from reform efforts, and a drive for efficiency. Declining reimbursements and an increase in time spent on administration — not to mention the expense of integrating and maintaining electronic systems — are making the private practice less viable. But there are also larger market forces at play.

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dentist-office

Dentist Office “Must-Haves”

For Dentists

Every dental office is different and provides patient experiences in individual and authentic ways. But there are some things that should always be considered- if not mandated- for a successful practice. Here are a few “must-haves” every dentist office should strive to provide.

Maximize Communication and Space

Remember that whether you own your office or lease the space, you’re still paying for every square inch. So it’s important to use that space in the most efficient and productive manner possible, with no areas that are wasted. Your design needs to help your staff communicate both internally and externally with patients as well as labs and suppliers.

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