How to Get the Best Healthcare Real Estate Sites

In order to ensure optimum results, site selection processes should begin as far in advance as would be required to develop a new, purpose-built facility.

In order to ensure optimum results, site selection processes should begin as far in advance as would be required to develop a new, purpose-built facility. This is often 24 to 36 months before a planned move. Flexibility is important: acquisition opportunities are elastic, and property that was untouchable a year earlier may suddenly be available below replacement cost.

Ideally the system has alignment: it knows how much of which services will be delivered in what geographic areas. Then, paired with a good process, the right site falls into place.

More frequently, the system wants Primary Care in a specific submarket and will evaluate which specialists to accompany with. This white paper outlines how strategy is firmed up during the process of controlling the best site.

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