Financial/Investment planning for a new healthcare facility
July 30, 2021How good hospital interior can help overall patient’s health?
July 31, 2021Expanding a healthcare venture is a combination of dedication of helping people combined with a great strategic plan.
Healthcare is a dynamic industry where the idea is to deliver solutions that proffers value & thrive under unpredictable situations and as we put our steps towards setting up a successful venture it is very important to find opportunities that lie beneath uncertainty.
In the current times where the entire world is under the clutch of a pandemic it is in itself a huge example of what uncertainties the future of healthcare may have to face. This pandemic has thrown a great challenge on various industries but for healthcare it has literally evolved how we saw things a few months back.
Expanding a healthcare venture is an opportunity to deliver higher quality of life & improve healthcare systems but at the same time it is imperative to build a plan that is resilient enough to address future health shocks.
Here’s what you need to consider before you get into the expansion of your healthcare venture –
1. Prepare a strategic map for your expansion:
Mapping your plan can help overcome some of the biggest challenges in turning your expansion into a successful one. From putting the design, materials, equipment’s, space allocation, budget, timeline, research & others on paper you can manage to develop a great plan of action for your expansion with minimal disruption to your active facility environment.
2. Evaluate your active Facility:
The idea of an expansion is to deliver something bigger & better than what you already did. By evaluating your existing facility like its layout, medical technologies like radiological setups, safety of staff & patients, systems for non-medical practices like electricals & piping and more can allow solve some key problems and replace them with efficient solutions.
Considering the COVID times you can also figure out how your facility can include both setups for Covid treatment & other diseases while keeping the safety of both your patients & staff intact.
3. Define your Cost of hospital expansion:
Defining your financial spend is an imperative part of the process. Nailing down your budget and developing a rough estimate as per the facilities that you would like to include in your premises can make the road to expansion a lot easier & smooth.
While you evaluate the cost, you can consider factors like the cost of permit, architecture, engineering, materials & equipment cost, labor cost, operational cost, the chunk of your budget you would like to reserve in case of uncertainties or additions and so more.
4. Build value with exceptional design:
Expansion is a tedious process and every factor counts into delivering a top-notch facility and design is one of the factors that build value. Thinking from the patient’s point of view and considering the increasing populations with diseases especially chronic can help in understanding the impact a great design can make and why. It’s suggested to question oneself as to what are the key elements in design that can make for positive reason for a patient to visit or choose your facility over others?
You can consider aspects like developing an eco-friendly environment in and around the premises, developing a noise free environment and others.
5. Adaptable & Flexible Infrastructure:
Expansion is a long-term commitment but like we spoke of uncertainties and that they come with no warnings an infrastructure that can be customized with minimal efforts and is flexible to future changes is the need of the hour and future.
Considering the coronavirus and its impact on decimation of health systems wherein it has exposed the stresses and weaknesses of our health system, it is vital to build resilient healthcare system and workforce that can stay rigid & strong enough to undergo any health -related challenge.
6. Invest on a complete COVID dedicated setup:
Like hospitals have got dedicated setups to treatment of various diseases and illnesses like Outpatient department (OPD), Inpatient Service (IP), Medical Department, Nursing Department, Paramedical Department, Physical Medicine and Rehabilitation Department, Operation Theatre Complex (OT), Pharmacy Department, Radiology Department (X-ray) and others. A Covid dedicated department and unit is the need of the hour and the for the years to come. Considering that it is a contagious disease its facility may have to be thought of slightly differently like developing it completely out of reach of other departments, creating different paths of entry and exits for the Covid patients and others.
Conclusion:
A well -planned expansion project takes a lot into consideration and is not a single-handed job it takes a whole team to deliver something that truly proffers to the future of a revolutionized healthcare system.
Osh medic healthcare are experts of redesigning and building optimum healthcare infrastructure if you are planning to expand your venture get in touch with us today.