- What would the audience
be surprised to know
about healthcare change or cost?
- Number one is obviously
reimbursement's going down,
cost going up, this is a
very fragmented industry.
When you talk about 20%
of the country's GDP
going to healthcare,
it's a staggering figure.
The cat's already out of the
bag, at least in terms of
cost containment.
I think most systems,
particularly what we're doing
is we're very focused on
operating cost containment.
That's the one thing that's
gonna stay regardless
of what the Supreme Court does.
Anything you can do to
basically wring cost out
of the system, and
there's this one company
out there now that is
looking at developing a
Travelocity site for healthcare.
Creating the transparency
in the marketplace,
very similar to what
other industries have.
One of the things that we're doing is,
been doing for the last few years is
taking existing office
assets and repositioning them
in a marketplace for medical.
Adaptive reuse, it seems
to be the buzzword.
One of the facilities related responses
that we have to some of that is really
seeing more growth In outpatient.
Looking at, what we call,
not just the retailing of
medical office real estate, but
putting these facilities where people are,
where people live, out in the suburbs.
Other areas are cost containment,
looking at innovation, and
one of the things I
consistently talk about is
if you wanna be innovative
in the facilities space,
you almost have to look
outside of healthcare.
