Finances - Hospital Design
Friday, May 9, 2008
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Finances
  • Don't get lost in increased costs


    A new facility brings more space and capacity—and higher costs. Think about how you'll adjust now, so you spend more time enjoying your facility and less time worrying about paying for it.

    Revenue generation worksheet



    Worksheet to estimate revenue generation for new hospital

    Expected revenue growth


    I'm considering building a facility. What average revenue growth can owners expect five and 10 years after building, adding onto, or remodeling a practice?

    Leveraging your facility, equipment, and technology


    Well-managed practices realize they need to reinvest to keep their practices moving forward. Here's how they plan to leverage their facilities.

    Where does your facility generate revenue?


    Are you making the most of your practice space? Find out by breaking down your earnings by square foot and comparing your numbers with these averages for each profit center.

    Choosing a lender and negotiating a deal


    Low costs aren't the only reason to choose a lender. Also consider these important details before saying yes.

    Figuring out the financing


    Your banker wants to know whether you're a good risk—and you want to know you're getting a reasonable deal. Use these tips to balance the equation.

    The road to obtaining an SBA loan


    Dr. Karyl Ropko worked closely with the SBA to obtain a building loan. Here are some tips she learned along the way and the steps she took to smooth the road:

    What does it cost to build?


    It depends how big you build--and on the site fees, appraisals, zoning fees, and interest rate. Here's help with your estimate.

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