The Global Healthcare Services team partners with hospitals, health systems, physician groups, investors and developers to more effectively manage their healthcare real estate operations and portfolios; creating and executing long- and short-term strategic plans that target reducing occupancy costs, increasing efficiency and determining utilization and access to capital; ultimately maximizing value.
GCS Global Healthcare advisors understand the challenges that arise through hospital affiliation strategies, healthcare reform, demand for healthcare assets in the capital markets and constantly evolving regulatory issues, requirements and healthcare real estate strategies.
The GCS Global Healthcare team focuses on the following areas when partnering with any healthcare organization:
Cost Reduction
Looking beyond real estate, GCS takes a holistic view of our clients’ overall objectives implementing strategies that reduce costs, thereby increasing profitability. We execute aggressive, proactive, cost-reduction strategies, ranging from simply changing the light bulbs to renegotiating current leases, tracking expenditures to applying procurement and spend analysis. Our firm’s integrated services model provides asset management, valuation, lease administration, facilities management and transaction services to deliver a comprehensive, cost-reduction strategy.
Regulatory Compliance
Over fifty percent of the Office of Inspector General’s investigations begin with real estate, and the GCS team is dedicated to navigating Safe Harbor, Stark and Anti-Kickback statutes. GCS Healthcare compliance experts specialize in regulatory issues affecting hospitals, health systems and physician practices helping clients establish fair market value by conducting mock audits and implementing the modifications necessary to be in compliance.
Economic and Asset Development
GCS Healthcare Economic and Asset Development (EAD) specialists focus on determining and executing the right financial strategy for an organization. The GCS EAD methodology leverages proprietary research and market intelligence to develop utilization, optimization and disposition strategies involving healthcare campuses, re-use plans, redevelopment and the variations of core and non-core assets.
Location and Revenue - Analysis and Strategies
The healthcare industry is in constant flux. This makes selecting the right site or creating a strategy that procures more of the right patients may be the difference between maintaining margins or falling significantly behind. GCS Healthcare analysts work behind the scenes to capture the right patients and implement profitable revenue strategies by identifying where the patients are, where they are going and how to attract additional patients.
Innovative Technology Solutions
Data aggregation tools are critical to the decision-making process. By determining the appropriate key performance indicators (KPIs), GCS creates analytics which may include demographics, psychographics, the client’s unique financial data, payer mix, procedure mix, physician contract information and other data. Predictive analytics and decision science capabilities empower clients to develop strategies more quickly and easily.
To learn more, visit the Newmark Global Healthcare website