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Healthcare Facilities: Meeting The Demands of Tomorrow

The current healthcare market is saturated with dialogue on the importance of delivering quality care and improving patient outcomes – and the collaboration between payors and providers will be increasingly important for industry leaders to deliver on these expectations.

According to Navigant’s Healthcare Real Estate practice, new healthcare facilities should be a catalyst for organizational change that drives high quality, low cost care. As it stands, healthcare providers will not be able to deliver healthcare of the future in buildings of the past. Facilities are essential to supporting emerging technology, attracting and maintaining top talent and meeting the level of patient care that will be mandated by private insurers and/or the government moving forward.

At the same time, medical providers are scrambling to implement innovative processes and facility improvements to meet high quality care standards, all-the-while struggling with weak balance sheets, limited access to capital and an unclear regulatory landscape. Navigant’s Healthcare Real Estate experts have extensive experience helping clients develop creative financing strategies to meet capital needs, and can discuss several viable solutions healthcare executives should consider.

The following series provides Navigant’s perspective on the role of facilities in meeting payor and provider standards for patient care, as well as capital funding strategies to meet healthcare facility development needs. 

"Facilities, like technology, are an enabler. Aged facilities are behind from a competitive as well as asset-efficiency standpoint, and modernizing improves efficiency and attracts patients and physicians."
- Fred Campobasso, Managing Director

Perspectives

Do Not Let Documentation Disconnect Fester

Wendy Whittington, M.D. writes article for ACDIS’ CDI Journal titled, “Do Not Let Documentation Disconnect Fester”.

 Article
Lessons from the Rockford Journey

Navigant’s David Burik and Rockford Health System’s Gary Kaatz co-author an article for Trustee Magazine Digital Edition titled, “Lessons from the Rockford Journey”.

 Article
Navigant’s Role as Program Manager

Navigant’s Healthcare Real Estate team opines on their role as client program manager and how to bring best practices to delivering care. The team discusses the essential components of an efficient transformation include addressing operational costs, processes and staffing models, integration of technology, and facility management processes.

 Video
The 70/30 Rule

The 70/30 Rule is Navigant’s “rule of thumb” for mega hospital construction projects. Essentially, Navigant found an organization can implement 70 percent of the operational planning component in the current facility and the last 30 percent can be implemented in the new facility. The team reviews this approach and how they’ve seen it evolve in their client’s projects.

 Video
Driving Solutions in Healthcare Facilities

Navigant’s Healthcare Real Estate team discusses how they’ve seen hospitals fall short when only focusing on traditional solutions with departmental boundaries. The team talks about the importance of focusing on a care-driven solution.

 Video
10 Essential Elements for Excellence in ASC Infection Control Programs

Chuck Peck, M.D. featured in a Becker’s Clinical Quality & Infection Control article titled, “10 Essential Elements for Excellence in ASC Infection Control Programs”.

 Article
Developing Healthcare Facilities for a Changing Environment

Click here to learn what healthcare leaders should do when approaching facility and real estate development.

 White Paper
Integrated Project Delivery in Hospital Construction

Navigant’s Healthcare Real Estate team discusses the recent changes in project delivery approaches within healthcare construction projects. The team discusses the evolution to the traditional “design, bid, build” approach and reviews the essential components for an integrated project delivery.

 Video
The Future of Healthcare Real Estate Financing

Where will the money come from in order to fuel strategic capital growth? The team discusses the various forms of capital that the healthcare market can expect to see in the future.

 Video
The Hospital of the Future: Transformational Changes

What will the hospital of the future look like? The team discusses how healthcare facilities can achieve high quality of care and enhanced patient experience through strategic, operational planning.

 Video

Experts

David C. Brown

Mr. Brown is a Director in the Global Construction practice, focusing on the healthcare real estate segment. With 20+ years' experience in healthcare facility design and construction, he has managed over $1 billion in total project value.

Fred Campobasso

Mr. Campobasso is Managing Director with Construction practice, focusing on the healthcare facility segment. With expertise in comprehensive program management, ownership structuring and project financing, he has been the principal-in-charge of over $1.5 billion of healthcare development projects.

Joseph Kucharz

Mr. Kucharz is a Director with Global Construction practice focusing on the healthcare real estate segment. His diverse facilities development expertise includes over $1 billion in complex campus redevelopments, greenfield hospitals and MOBs.

Michael F. O'Keefe

Mr. O'Keefe is a Director in the Construction practice's Healthcare Real Estate group. Since 1985, Mr. O'Keefe has been integral in the planning, development, financing, leasing, acquisition, asset management, and financial analysis of over $1 billion of healthcare projects throughout the U.S.

Case Studies

Metro Health Case Study

This case study details Navigant’s work as program manager for Metro Health Hospital.

The Rush Experience

Learn how Navigant’s healthcare facilities and real estate expertise helped Midwest Orthopaedics achieve its vision of building a successful state-of-the-art ambulatory care facility on the Rush University campus.

Healthcare Facilities News

Don’t Overlook Facilities’ Role in Meeting Healthcare Reform’s Imperatives

Fred Campobasso discusses how healthcare reform is driving process improvement and capital spends for healthcare facilities.

Strategies for Managing Hospital Construction Costs

This article in a special supplement to Healthcare Financial Management quotes Navigant's Fred Campobasso and Joe Kucharz and focuses on strategies for managing hospital construction costs.

Hospital Real Estate and Financing Q&A

In this Q&A with Becker's Hospital Review, Mike O'Keefe discusses the impact of the recession and credit markets on hospital financing, alternative sources of capital, the implications of...

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