From the growth in chronic, age-related illnesses to the increasing demand for access, transformational trends in healthcare are leading providers to test new approaches to bringing value to patients and the community.
New or reinvented facilities are an integral part of most plans, as providers strive to create attractive, patient-centred environments to deliver more efficient models of care, improve patient outcomes and experience, increase market share, and drive revenues.
Organisations seeking to combine growth with improvements in efficiency and the quality of care first need a clearly defined decision-making framework for infrastructure projects under consideration. Improved operational controls and procedures can help lower operating costs, enhance patient care and increase profitability.
In addition to lowering overall project and construction costs, a well-managed capital project implementation will bring the project in faster, leading to an earlier opening date and an earlier start to generating operating income.
Post-project, a thorough audit can lead to additional savings through a comprehensive review of the design and construction payment process. Assessing operations and performance against the project business case will show whether the organisation is realising the expected improvements.
Key elements in improving physician and patient satisfaction and growing market share include:
Organisations seeking financing should consider the following steps: