As the healthcare landscape evolves, many hospitals are strategically reassessing their assets to optimize financial position. Among these strategies, monetizing non-core assets has emerged as a promising avenue. Non-core assets are tangible or intangible resources owned by a hospital or health system that do not directly contribute to patient care delivery, like clinical labs, retail pharmacy operations, and physical therapy facilities, among others. Monetizing these assets involves a balance sheet–oriented approach where hospitals convert owned assets into cash, often by partnering with third parties to manage non-core services.
Read the full article: Maximizing Value: Three Ways Hospitals Can Monetize Non-Core Assets //
Source: https://vmghealth.com/insights/blog/maximizing-value-three-ways-hospitals-can-monetize-non-core-assets/