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In today’s dynamic healthcare landscape, many systems are exploring innovative ways to expand their services and reach more communities. One approach is space-sharing—a strategic method that allows healthcare organizations to utilize existing facilities more efficiently. Space sharing also increases accessibility without the significant financial commitment of building new infrastructure. But as with any expansion strategy, compliance and legal considerations are critical.
Space-sharing enables healthcare providers to collaborate with other organizations or practices by sharing office space, clinical areas, or equipment. This approach can be particularly advantageous in underserved areas, where access to care may be limited. Space sharing can also be beneficial in rapidly growing communities where the demand for healthcare services outpaces available resources. By sharing spaces, healthcare systems can foster partnerships, optimize underutilized facilities, and expand their presence in a cost-effective and sustainable way.
Recently, HMS partner and space-sharing expert Michael Vetter joined forces with Captain Integrity himself—Robert Wade—for an insightful discussion on physician space sharing. Drawing on his extensive experience, Vetter emphasized the strategic opportunities space-sharing offers healthcare organizations to expand services efficiently. He also highlighted the importance of structuring these agreements carefully to avoid potential compliance pitfalls that could lead to legal challenges or harm organizational reputations.
For those interested in diving deeper into the benefits and challenges of physician space-sharing, listen to the full discussion here.
