Navigating Healthcare Real Estate Trajectories (Part 1) with Hector Torres from DC Advisory and Supina Mapon from DPR Construction
Release Date: 05/30/2024
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info_outlineWelcome to Episode 11 of Constructing with Care, a Podcast for healthcare executives to discuss topics affecting capital projects today. Your host for today’s episode is Leslie Tullio, Enterprise Leader Brand and Communication. Leslie welcomes two special guests, Hector Torres from DC Advisory and Supina Mapon from DPR Construction, for the first of two episodes, where they explore the shifting paradigms in healthcare real estate strategies and unpack the four potential trajectories for healthcare systems.
Key Takeaways:
[1:19] Hector briefly shares about DC Advisory and what brings him to today’s podcast.
[2:49] Supina recently published an article about how real estate strategies must adapt to the dramatic changes in healthcare. She describes the four main strategies contained in this publication: Rationalized, Redistributed, Re-envisioned, and Refocused Portfolio.
[4:34] What does a Rationalized portfolio mean for health systems?
[6:06] Supina’s article emphasizes another strategy to redistribute the portfolio and consider horizontal and vertical integration in healthcare delivery. Hector explains how health systems can navigate this shift effectively.
[9:10] How should healthcare systems evaluate merged assets?
[11:56] Supina talks about how healthcare systems integrate the physical and the virtual after the pandemic.
[14:55] Hector explains the meaning of reducing the footprint and providing more network-based care for hospitals, specifically how this translates to specialty care centers.
[16:23] Supina addresses the impact of implementing these strategies.
[17:20] Hector discusses the strategies used in the last 50 years in the healthcare system and why they no longer work.
Mentioned in this episode:
Brought to you by DPR Construction, A trusted healthcare builder.
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Tweetables and Quotes:
Rationalizing real estate portfolios is not just a strategy; it's a necessity for health systems to optimize operations and enhance strategic objectives."Hector Torres
The future of healthcare real estate is all about network and connectivity, shifting from physical footprint to an integrated virtual and physical care ecosystem."Supina Mapon