{"id":1970,"date":"2023-02-22T16:31:46","date_gmt":"2023-02-22T15:31:46","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-fr\/events\/research-economic-seminar-the-impact-of-the-uk-hospitals-procurement-type-on-facility-management-costs\/"},"modified":"2023-02-22T16:31:46","modified_gmt":"2023-02-22T15:31:46","slug":"research-economic-seminar-the-impact-of-the-uk-hospitals-procurement-type-on-facility-management-costs","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-fr\/events\/research-economic-seminar-the-impact-of-the-uk-hospitals-procurement-type-on-facility-management-costs\/","title":{"rendered":"Research Economic Seminar: The Impact of the UK hospitals procurement type on facility management costs"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>Private Finance Initiatives (PFI) is a specific type of Public-Private Partnerships (PPP) that has been widely used in the UK since the early 80s. This study ex-post compares facility management costs of hospitals supplied through PFI with those under traditional procurement. Using the ERIC panel dataset covering 2017 to 2021, we estimate the impact of hospital procurement type on its Hard Facility Management (HFM) and Soft Facility Management (SFM) costs. The evidence suggests that maintenance costs per square meter are lower for traditional hospitals than those delivered with PFI. Moreover, it shows that in-house laundry and linen services contributes to the slower SFM costs increase rather than its outsourcing regardless of the hospital procurement type. We discover that HFM costs raises at a moderate pace per each consumed by the hospital energy unit for traditional hospitals. Finally, we find that the age of hospital is an important factor influencing the estimated relationships.<\/p><p><\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>AbstractPrivate Finance Initiatives (PFI) is a specific type of Public-Private Partnerships (PPP) that has been widely used in the UK since the early 80s. This study ex-post compares facility management costs of hospitals supplied through PFI with those under traditional procurement. Using the ERIC panel dataset covering 2017 to 2021, we estimate the impact of hospital procurement type on its Hard Facility Management (HFM) and Soft Facility Management (SFM) costs. The evidence suggests that maintenance costs per square meter are lower for traditional hospitals than those delivered with PFI. Moreover, it shows that in-house laundry and linen services contributes to the slower SFM costs increase rather than its outsourcing regardless of the hospital procurement type. We discover that HFM costs raises at a moderate pace per each consumed by the hospital energy unit for traditional hospitals. Finally, we find that the age of hospital is an important factor influencing the estimated relationships.<\/p>\n","protected":false},"author":0,"featured_media":1971,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2023-03-14 13:00:00","event_end_date":"2023-03-14 14:00:00","event_speaker_name":"Evgenii Monastyrenko, DEM, Universit\u00e9 du Luxembourg","event_speaker_link":"","event_is_online":false,"event_location":"Participation by invitation\r\n","event_street":"","event_location_link":"","event_zip_code":"","event_city":"","event_country":"LU"},"events-topic":[298],"events-type":[],"organisation":[137,100],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Research Economic Seminar: The Impact of the UK hospitals procurement type on facility management costs - FDEF I Uni.lu<\/title>\n<meta name=\"description\" content=\"AbstractPrivate Finance Initiatives (PFI) is a specific type of Public-Private Partnerships (PPP) that has been widely used in the UK since the early 80s. This study ex-post compares facility management costs of hospitals supplied through PFI with those under traditional procurement. Using the ERIC panel dataset covering 2017 to 2021, we estimate the impact of hospital procurement type on its Hard Facility Management (HFM) and Soft Facility Management (SFM) costs. The evidence suggests that maintenance costs per square meter are lower for traditional hospitals than those delivered with PFI. Moreover, it shows that in-house laundry and linen services contributes to the slower SFM costs increase rather than its outsourcing regardless of the hospital procurement type. We discover that HFM costs raises at a moderate pace per each consumed by the hospital energy unit for traditional hospitals. Finally, we find that the age of hospital is an important factor influencing the estimated relationships.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-fr\/events\/research-economic-seminar-the-impact-of-the-uk-hospitals-procurement-type-on-facility-management-costs\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Research Economic Seminar: The Impact of the UK hospitals procurement type on facility management costs\" \/>\n<meta property=\"og:description\" content=\"AbstractPrivate Finance Initiatives (PFI) is a specific type of Public-Private Partnerships (PPP) that has been widely used in the UK since the early 80s. This study ex-post compares facility management costs of hospitals supplied through PFI with those under traditional procurement. Using the ERIC panel dataset covering 2017 to 2021, we estimate the impact of hospital procurement type on its Hard Facility Management (HFM) and Soft Facility Management (SFM) costs. The evidence suggests that maintenance costs per square meter are lower for traditional hospitals than those delivered with PFI. Moreover, it shows that in-house laundry and linen services contributes to the slower SFM costs increase rather than its outsourcing regardless of the hospital procurement type. We discover that HFM costs raises at a moderate pace per each consumed by the hospital energy unit for traditional hospitals. 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This study ex-post compares facility management costs of hospitals supplied through PFI with those under traditional procurement. Using the ERIC panel dataset covering 2017 to 2021, we estimate the impact of hospital procurement type on its Hard Facility Management (HFM) and Soft Facility Management (SFM) costs. The evidence suggests that maintenance costs per square meter are lower for traditional hospitals than those delivered with PFI. Moreover, it shows that in-house laundry and linen services contributes to the slower SFM costs increase rather than its outsourcing regardless of the hospital procurement type. We discover that HFM costs raises at a moderate pace per each consumed by the hospital energy unit for traditional hospitals. 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