Our robust facility development services include:
Market Analysis and Market Evaluation
NueHealth is focused on finding the right location for your facility to support patient steerage and market share dominance. We perform a thorough real estate market analysis to determine expected development and construction costs, as well as anticipated rent and occupancy rates.
Facility Site Selection and Acquisition
Because of our longstanding relationships with local real estate brokers and landowners across the country, we can quickly identify a project’s ideal location, site availability and fair market value. Upon site selection, the NueHealth team performs due diligence, obtains necessary entitlements, and negotiates the final purchase on the client’s behalf.
Assembly of Development Team
We assemble the right team for your specific project, drawing from a national network of top architects, engineers, general contractors and financial sources. We manage the team assembly process from RFP and solicitation through bidding, qualification, and contract negotiation.
Architecture and Design Oversight
NueHealth works closely with a trusted group of experienced architects to develop a design that is specific to each facility, ensuring the design is customized for the medical specialties of the facility’s physicians. This includes considerations like case type, case load, patient flow, physician access, environmental controls, and equipment and staffing requirements.
Management of Schedule and Construction Budget
We manage the project schedule and the construction budget for every project. This includes working with the general contractor to ensure that the expectations of both the project owner and the developer are met. Through consistent and clear communications with all parties involved, NueHealth seamlessly manages the project from start to finish.
Project Financing Coordination
NueHealth will ensure your immediate and long-term property development and construction financing needs are met. We begin by identifying all construction and permanent financing needs, then we obtain financing to meet those needs, including identifying additional equity sources and investing as a partner if desired.
Ownership Structuring and Compliance
We work with expert legal and regulatory advisors to ensure that the project ownership structure – and all related development transactions – are compliant with applicable healthcare regulations. As desired, we can also coordinate the issuance of a private placement memorandum for formation of and investment in the new entity.