Real options and scenario planning as a way to gain insight into flexibility in health care real estate management, a first exploration

M. Reedt Dortland, Geert P.M.R. Dewulf, Anneloes Blanken

Research output: Contribution to conferencePaperAcademic

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Abstract

Real estate management in health care faces many uncertainties, and more specific in the Netherlands even more because of changing regulations regarding the financing of capital costs. Therefore we propose, based on literature and a survey, to use scenario planning in combinations with the real option approach to deal with these uncertainties. The survey shows that limited use is made of future uncertainties and options for flexibility in the responded Dutch hospitals. Real options provide insight for real estate managers into opportunities for flexibility when making strategic decisions in real estate management, such as choosing for a building organisation form.
Original languageEnglish
Publication statusPublished - 2010
Event3rd HaCIRIC International Conference 2010: Better healthcare through better infrastructure - Edinburgh, Scotland, United Kingdom
Duration: 22 Sep 201024 Sep 2010
Conference number: 3

Conference

Conference3rd HaCIRIC International Conference 2010
CountryUnited Kingdom
CityEdinburgh, Scotland
Period22/09/1024/09/10

Keywords

  • IR-73529

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