164: Boston Medical Center's path to sustainability (and how they're funding it)
Radio Advisory
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How BMC Identified Facilities Projects That Generated Cost Savings
The estimated investment that would be required to reduce the square footage by consolidating our campus was $300 million. The biggest barrier was really the financial situation of the organization, having been on a brink of receivership at the time. How did you ensure you were maintaining patient volumes while you were undergoing this rationalization of consolidation of BMC's footprint? You know, use that plan essentially to develop a high-level capital estimate for the project.
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