CMW Healthcare has been a trusted advisor to the healthcare industry for over 25 years. Our team has the knowledge and expertise to help clients develop strategies that successfully position them in this challenging environment.
Hospitals are facing capacity restraints, aging facilities and limited access to capital. It is critical that these organizations invest time and effort in a sound strategic planning process to help make informed planning decisions and to support financial goals.
CMW Healthcare’s strategic planning approach can help your organization understand the impact industry trends, technological advances and market realities will have on your facility. Furthermore, we can evaluate services so that investments can be directed to those services with the greatest value and potential.
An Integrated Approach
Our approach integrates strategic planning and facility spending into a package that includes phasing and financing. Our integrated process has three primary components:
Existing Facility Analysis
- Review current facility needs
- Facilitate planning sessions to help understand current issues and objectives from facility and strategic planning direction
- Assess current facility inefficiencies
- Address potential pros and cons concerning property options
- Review how patient through-put and/or bed capacity issues are being handled
Strategic Planning
- Assess how facility expansion will facilitate the organization to achieve its vision and mission
- Identify how potential facility may fit into the current strategic plan and how these will enable you to meet strategic goals and objectives
- Review growth trends and demographics within your service area
- Project future demand for services and their impact on facility capacity
- Review current and potential physician specialty supply and impact on demand for inpatient/outpatient services
- Review industry trends and their impact on specific service lines
- Review competitor trends and historic impact on volumes
- Review profitability trends for inpatient/outpatient services to prioritize services and investments
- Review debt capacity and identify potential sources of capital
Master Facility Planning
- Conduct site and property analysis
- Assess potential growth of existing campus versus other alternatives
- Complete phased expansion planning with cost estimates for each phase of development.
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