The availability of a detailed feasibility study is often a key prerequisite for a successful project. Feasibility studies are typically required for hospital expansions, modernisations or for a green field new hospital to be constructed. But it can also be for the supply of medical equipment and systems, or a digital health project.
Our healthcare consultants, architects and financial and other specialists cooperate closely with the client to achieve predefined deliverables. Topics normally addressed are:
- Market analysis
- Medical and functional plan
- Conceptual design
- Financial model
- Financing structure
- Project implementation plan
A pre-feasibility study with reduced scope or depth is also possible.
A distinction is made between public and private projects.
For private/non-government projects, our market analysis takes an in-depth look at the relevant:
- Healthcare growth drivers
- Competitor analysis
- Health insurance market & ability to pay
For public projects, we also take into account:
- Public health needs
- Gaps in public service provision
- Existing referral systems
Medical and functional plan
Based on strategy and outcome of the market study, the medical portfolio to be offered will be defined, taking into account the local context and future demand. This includes capacity calculations. The medical portfolio is the basis for the functional plan and medical equipment plan. The functional plan describes all services that will be provided (clinical, clinical support, diagnostic, digital health, treatment, emergency, logistics, administration, maintenance etc.), the scope and type of customers that will be served and the relations to other facilities in the area.
Based on a site survey, workshops with the client and expert meetings, a Program of Requirements is developed based on which, a conceptual design of the hospital or clinic is established by our architects. The conceptual design is an important part of the feasibility study as it provides crucial input for the investment calculation.