Development

Healthcare Real Estate Development Services

Considering a new healthcare capital construction project?

Whether ground-up construction, facility expansions or interior renovations, RTG has the experienced resources to ensure the successful development of hospital, acute care, and ambulatory facility projects. We understand that healthcare real estate development is a significant expense that can carry big risks. You need to have the right plan in place from the very beginning. Lack of expert oversight is not an option. After all, once you build it, you can’t move it.

Capital resources are limited and in high demand across the health system. Facility investments must be fully analyzed prior to construction and then managed closely during the project delivery process. From concept to close-out, our team brings an Owner’s Representative mindset to ensure an efficient and effective development program, always tracking and communicating key metrics of time, quality, and cost throughout the project. Clear, open communication and adaptability ensures the project team is positioned to deliver a successful project.

From conceptualization to occupancy, RTG manages each development project to help healthcare leaders save costs, manage risks, and enhance delivery of care for the patients in the community.

Healthcare Development Services

Project Launch

Mission / Charter
Team Procurement
Project Delivery Method
Due Diligence

Facility Planning

Operational Assessment
Design Coordination
Budget & Schedule Development
Equipment & Technology Assessment

Program Management

Construction Management
Vendor Coordination
Budget and Cost Tracking
Schedule Management

Activation/Transition Planning

Punchlist and Closeout
Move Management
Staff Orientation
Post Occupancy Assessment

Healthcare Development Case Studies

Hamilton Health care System — Dalton, GA

East Tennessee Children’s Hospital — knoxville, TN

Gastrointestinal Associates — Knoxville, tn

Healthcare Development Thought Leadership

White Paper: PROJECT DELIVERY METHODS FOR HEALTHCARE CONSTRUCTION

Selecting the right construction project delivery method can make or break a project for healthcare providers. Significant time is spent developing the program, fine tuning the budget, and working through the exhaustive list of activities required to get a project off the ground, under construction and open, but often, very little time is devoted to evaluating and selecting the most appropriate project delivery method. It seems most owners will generally default to the way they have always done it. However, factors such as the building type, project scope and size, schedule, and project budget can have an impact on the project delivery method selection. The owner will ultimately drive the decision, but good practice would suggest including the project team in the evaluation and selection of one delivery method versus another.

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Best Practice: Introduction to Transition Planning

What is the role of a Transition Planner and how can they make your organization’s relocation easier?

Transition Planning is defined as “the operational and physical relocation of the existing hospital to a new physical plant.”

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What Our Clients Say

The first thing Realty Trust Group helped us do was create a real estate strategy for the growth of our medical practice that was achievable and affordable.

They helped us form the right team for our facility design that was focused on our patients and an ownership model that made sense long-term for our physicians.