Enstoa was thrilled to once again attend HealthSpaces, an annual retreat for innovators that plan, design, build and operate spaces where healthcare is delivered. The event brings together healthcare industry leaders in real estate, capital planning, design, construction, facilities, and operations with leading suppliers and service providers to spark collaboration and innovation between the two.

Fixed assets, such as buildings, infrastructure and equipment, are often a hospital’s largest ones. The inventory, condition and reliability of these assets, however, remains elusive for many hospital executives. Capital investment planning is based on limited info, leading to an often inefficient allocation of scarce capital resources. Will these assets live up to their expected performance?

Capital projects are time-consuming, labour-intensive and expensive. New technologies can do a lot to simplify or eliminate many tasks—from redundant paperwork to manual processes in all stages (including initiation, planning, executing, monitoring and control, closing and operating). The most valuable emerging technologies are those that help address the basic need to balance the project triangle of scope, schedule and cost.