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The Development Process
Seeing Your Vision Become Reality
Our experience reveals that very few managers of medical organizations across the country have the time, desire nor the resources on staff to efficiently plan, coordinate, and direct the development of a complex new medical facility project. HealthSettings Network Inc will take your vision and make it your reality. We do this through the following process:
PHASE I: Preliminary Feasibility Analysis & Due Diligence
- Strategic Business Planning
- Master Planning
- Facility Planning
- Budget Projections
- Rent Estimates
- Market Demographics
- Practice Management Development
- Critical Path Planning
- Tenant Recruiting
- Team Development
- Ownership and Funding Analysis and Recommendations
PHASE II: Design, Financing, and Construction
- Complete Facility Design
- Practice Management & Technology Development
- Assistance with CON/Licensure Process
- Secure Financing: Debt and Equity
- Identify Client/Hospital and Tenant Investors
- Identify Independent Equity Investors
- Negotiate Space Leases
- Secure Land
- Secure Municipal Approvals/Entitlements
- Site Engineering and Preparation
- Contract Bid and Award
- Construction Management
- Close Construction and Equity Financing
- Cost and Schedule Management
PHASE III: Property Management
- Building Maintenance
- Site Maintenance
- Rent Collection
- Mortgage Administration
- Tenant Relations
- Tax, Accounting and Auditing Management
- Investor relations