What we can do for you:
Learn more:MPA staff have planned, developed, financed, and/or coordinated over $350 million in successful healthcare construction projects.
Many health care facilities are reaching or surpassing their useful lives. Alternative methods of delivery and shifts in the demand for health care services make it difficult, if not impossible, to compete in today’s marketplace with out-dated equipment and buildings. Capital investment in renovation or new/replacement construction may be needed to stay in business.
A successful project depends on a comprehensive program. Such a program includes not only service offerings and space needs, but also a detailed budget and a business plan that determines financial feasibility. With the proper planning and market positioning, a project can generate enough revenue to cover operating expenses and the new debt service payments.
Lake County, Illinois