Easy to Follow Steps for Health Care Property Development

Robert L. Black, Jr. CCM, Managing Partner - Capital Performance Management, LLC

Summary
The core business of health care is healing people. Part of that healing process begins with a healing environment in which to provide patient care. To create those healing environments health care providers must develop property. Property development, a non-core business element in many organizations, is the process that supports the Strategic Initiatives developed in leadership retreats. Property development is the process that allows a Master Facility Plan to be implemented.

Property development is the most important part of any green building initiative when it results in a facility that is adaptable to change and re-purposing to meet market challenges. But, property development is generally done in a haphazard, ineffective manner. This article will assist health care providers in understanding the basic elements of a successful property development process.

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