2020 marked a time of change and adaptation. COVID-19 required healthcare organizations to move quickly to solve a variety of new problems, including a shift towards telehealth, changes to in-person care, and even a reworking of our healthcare spaces. However, these changes have occurred in a healthcare context where marked change was – and is – already underway.
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A Breath of Fresh Air: Creating COVID Safe Buildings
Controlling the spread of COVID-19 is essential – for both health reasons and business ones. As we move into 2021, we highly recommend that your practice is COVID-friendly and adheres to all current recommendations and guidelines. Here are some of the precautions we’re seeing tenants and landlords putting in place.
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Five Reasons to Review Your Medical Practice Office Lease
The office lease for your medical practice is one of your biggest overheads. Fortunately, although the terms of your contract may seem cut and dry, there’s always room for negotiation. And given the enormous shifts in the market due to COVID-19, you may have more leverage than usual. Here are some of the reasons you might want to review your lease.
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Renewing Your Medical Office Lease: How to Get the Most Out of Your Lease Renewal
A commercial lease renewal option is always a good card to have in hand. It gives medical tenants an opportunity to consider where their business stands, and how well the terms of their current rent agreement reflect the current market, and the power to negotiate accordingly. Remember, a lease renewal option is a starting point – it’s not carved in stone. It’s up to you to make it work in your favor.
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Enhance Patient Experience at Your Practice
With patient expectations increasingly taking their cues from the hospitality world, healthcare providers need to ensure that they’re engaging with patients and providing a high-quality experience. This is increasingly important in the context of COVID-19, which has reshaped patient expectations and dramatically changed patient behavior.
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How Medical Practices Can Benefit from Having a Medical Real Estate Advisor
There are many critical components of a thriving healthcare business. Quality of care, technological innovation, and availability of required services are some that come to mind. Another critical factor is the physical space your medical practice calls home. In fact, your clinic’s address is arguably the most important variable in your success.
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We Need Medical Experts Now More than Ever
As we seek to adjust to life in the context of a global pandemic, we’ve developed a new-found appreciation for the voice and opinion of the medical expert. Ensuring the health of our community is vital to the success of our nation, and medical experts are the ones whose insights, expertise, and guidance are central to achieving this.
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Prepare for Positive Change: How to be Agile During Changes in the Healthcare Profession
It’s long been a truism that adaptable healthcare organizations are successful ones. Even when times are good, healthcare organizations have to adjust to changing patient loads, shifting demographics, along with legislative, financial, and regulatory changes. Now more than ever, we’re seeing just how vital it is that healthcare organizations can draw upon a culture of resiliency to nimbly adapt to changing market conditions. Here’s how to ensure that your organization is among those that can.
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The Future of Healthcare: How Artificial Intelligence is Impacting Medical Practices
Artificial Intelligence (AI) is changing how the world works with data. Its ability to analyze, decode, and draw predictions from enormous datasets makes it a tremendous asset to any data-heavy sector – healthcare among them. But while most clinicians are likely to associate AI with lofty, yet-to-materialize efforts to eradicate cancer, AI actually has dozens of real and immediate applications that healthcare professionals can take advantage of right now.
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Healthcare Transformation: Why Telemedicine Alone Falls Short for Medical Practices
Telemedicine has skyrocketed during COVID-19, with many patients using it as an alternative to in-person care. However, while telehealth has made it possible for patients to receive routine care without the risk of exposure of viral spread, it’s at best a complement to existing care provision – not a replacement.
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Ways to Help Prevent Physician Burnout
The COVID-19 outbreak has placed immense pressure on frontline healthcare workers. Facing rising cases, increased workloads, and lack of preparedness and resources, physicians are at high risk of burnout. In fact, more than half of the nation’s physicians have demonstrated at least one symptom of burnout, a number that has risen dramatically in recent years. With healthcare worker burnout being associated with emotional distress, poorer patient outcomes, and high turnover, it’s vital that clinics proactively address and handle physician burnout. Here’s how.
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Value-Based Care: The Case for a Phased Transition
Value-based care marks a major shift in healthcare provision. In recent years it has experienced a surge, growing from 10.9% to 53% of services provided between 2012 and 2017. Those figures are only set to increase – and they will, so long as healthcare providers take a measured, phased approach in transitioning to value-based care.
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