Business Driven Approach to Facility DecisionsTM
Replace, or Renovate?
If you are considering a major renovation or facility replacement, making the wrong decisions can negatively affect
your bottom line for years to come. QHR’s Business Driven Approach to Facility DecisionsTM guides you through a
series of manageable steps to help you make the right choices. For your hospital. For your community.
Common Planning Misconceptions
■ The first thing to do is hire the architect
■ Our CFO knows how much we can borrow
■ USDA offers the best financing
■ HUD is not worth the trouble
■ We can use historical trends to plan
■ Our community knows we need a new facility
and will support it
■ The county will buy the old facility for
office space
■ All we need is a good contractor | Stop.Wait. Ask Yourself…
■ What is the right size facility to meet your
community’s ongoing needs?
■ Can you afford to finance the facility you want
to build?
■ What facility design will work best for your budget?
■ Can your service area support a new facility? |
A Steady Guide. A Sure Decision.
These are complicated questions. A wrong step could be crippling. Put QHR’s 30 years of nationwide experience
managing and advising of hospitals to work for you.To be sure you consider the right factors. And understand all your
options. We begin with a market assessment to evaluate your service area, competitive position, physician
recruitment needs, demographic trends and volume projections.Then we perform a financial analysis, looking at the
cost of a new facility or renovation vs. projected performance and reimbursements.We develop a facility master plan
based on current and projected demands, incorporating the financial and service line projections. Finally, we help you
find the right capital financing plan for your hospital. We can even recommend improvements to help increase cash
flow. With expertise in every facet of hospital operations and finance, only QHR has the resources to lead you safely
through this critical decision making process. We’ll help you avoid costly mistakes. Be there for your community. And
better serve your mission.

 | © 2008 QHR
105 Continental Place | Brentwood TN 37027 | 1-800-233-1470 | | | | |  |
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