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Outpatient Surgery E-Weekly

Contact Congress Over Drug Shortage Issues

A Kentucky congressman is urging surgical facilities to contact their members of Congress and request that they sign his letter demanding changes to...

N.J. Posts ASC Inspection Reports Online

State and federal inspection reports of New Jersey's ASCs are now available online, giving patients an opportunity to make more informed choices abo...

Are Opioids Necessary?

While it's not always practical, or even possible, to eliminate opioids from your post-op pain management regiment, reducing their use in favor of n...

Archive >  Surgical Construction 2007

Evaluating Your Real Estate Options

Seven key questions to consider about the structure that houses your surgery facility.

David M. Thoene

The surgical center you're planning is going to need a home. But how big should that home be? Should you rent or buy? And what do you need to do to plan for future expansion? This article is based on my experience developing about 50 surgical centers over two decades. I don't have answers to all the questions, but I can help you get the conversation started. Here are seven key questions to consider before making your surgical real estate decision.

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Categories: Building/Renovating, Business Management
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1 How large should your surgery center be?; 2 Where should your surgery center be located?; 3 Should you allow for future expansion?; 4 Should you put your surgery center in an existing building?; 5 How much will the surgery center cost?; 6 Should you own or rent the building?; 7 How much rent should you pay?; Property management; Code; Consumer Price Index. The; Index. The; Life Safety Code; Low; Plan; Price Index. The; Rental; Safety Code; Successfully; Surgery; Time; Type; ability; accelerate; accommodate; accomplish; add; addition; additional; adds; admitting; advocate; affect; air; ambula... show all keywords
1 How large should your surgery center be?; 2 Where should your surgery center be located?; 3 Should you allow for future expansion?; 4 Should you put your surgery center in an existing building?; 5 How much will the surgery center cost?; 6 Should you own or rent the building?; 7 How much rent should you pay?; Property management; Code; Consumer Price Index. The; Index. The; Life Safety Code; Low; Plan; Price Index. The; Rental; Safety Code; Successfully; Surgery; Time; Type; ability; accelerate; accommodate; accomplish; add; addition; additional; adds; admitting; advocate; affect; air; ambulatory; analyses; annual; answer; anticipated; appraisal; architect; article; background; bank; bare; base; basic; benefits; big; bring; build; building; buildings; built; burdened; business; capital; capitalize; carefully; carrying; case; cash-on-cash; caught; center; centers; characterized; characterizes; choose; choosing; close; combining; commands; common; compatibility; competition; complex; composed; compromise; compute; confronting; consideration; constructed; constructing; construction; continuing; contributed; conversation; cost; costing; costs; couple; de; debt; decision; degree; depends; deserves; design; details; determine; developing; development; difference; difficult; difficulty; diminished; disruptive; dissonance; downside; drawbacks; driven; driver; drop; easiest; easily; easy; economically; end; enemy; engineer; engineering; enhanced; enlarging; ensure; entered; enterprise; equation; equipment; equipped; equity; estate; examining; exceed; existing; expand; expansion; expensive; experience; extremely; facility; facing; far-reaching; favorable; feet; finance; financing; find; fire; fixed; foot; frames; front; furnishings; future; gas; general; good; greenfield; guarantees; hard; healthcare; heavily; high-quality; higher; holder; home; hurdle; ideal; improvements; include; income; incorporated; increase; industry; initial; institutional; interest; interior; investment; issues; key; knowing; land; landlord; large; lay; leased; leases; lies; limit; loan; locate; location; long; long-term; lower; major; majority; makes; making; market; meaning; mechanical; medical; meet; mix; moderately; monthly; mortgage; movable; multi-tenant; neighboring; non-construction; novo; number; obvious; occupancy; occupants; occurs; off-site; office; on-site; operating; operational; options; order; ordinary; overcome; oversimplified; owner; ownership; parking; partly; payment; people; percent; performed; period; permits; physical; physician-investors; plan; planning; post-anesthesia; power; practices; pre-existing; pre-operative; prepared; price; primary; process; project; property; protects; providing; pursuant; put; qualified; question; questions; raise; rate; ratio; real; reality; recovery; reduction; redundant; relocated; rent; rental; rents; require; requirements; requires; requiring; restrain; return; satisfied; scenario; secure; seeking; select; setting; shell; significant; site; size; sized; slight; sound; space; specialty; sprinkler; square; starting; steel; strategic; strategy; structural; struggle; substantial; substantially; suitable; support; surgeon; surgery; surgical; surprise; surrounding; systems; things; time; times; total; travel; type; typical; typically; underlying; understanding; underwriting; unnecessary; upfront; upside; vast; ventilation; verify; wait; who'll; wood; year

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