Dec 11, 2020
In this virtual forum, physicians, healthcare executives, and three industry expert guests discussed how groups generally choose new real estate locations, the importance of network optimization, and how to use a data-driven strategy.
Discussion Questions:
- 6:00 - Why should groups who are developing new facilities should care about site selection? How do they use it as a tool?
- 14:00 - What does housing growth mean for medical real estate, future and existing?
- 23:35 - A group with plans to build in a rapidly growing part of the city heard of plans to remove a road in the area. Should they be looking for land based on other existing developments, like roads, or focus on the growing area?
- 30:15 - How would you identify a growing population market in need of additional medical services?
- 32:33 - How has COVID impacted medical real estate growth or the desire to be in a certain location?
- 35:46 - At what stage should physicians and executives consider site selection? Before hiring a project manager? With an architect?
- 41:14 How does analysis and high tech play a role in site selection?
- 49:20 Are younger surgeons indicating more interest in state-of-the-art facilities at the consequence of lower returns of investment, or vice versa?
- 51:24 - What is one do and one don't regarding site selection?
About the Forum:
This virtual networking event is an open and intimate discussion where physicians and executives of independent medical practices come together to discuss their experiences, ask questions, and collaborate with peers and the invited industry expert guests.