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Project Development Process Variables
Initial Project Development Process

Time line: 4-8 weeks with physician availability

  • Initial meeting with potential core physicians


  • Execute confidentiality agreement


  • Collect all CPT and payor data by individual physician


  • Collect all payor and reimbursement data specific to new center location


  • Establish physician utilization and adoption rates


  • Develop initial proforma data


  • Second meeting with core physicians to review utilization, case type and expense projections


  • Establish contacts in the market for center location, existing building renovation or green field development


  • Establish facility time lines


  • Revise proforma with physician comments and modifications, recommendations on locations, real estate, additional physician contacts, recommendations for Anesthesia, determine if hospital partner in venture and equipment preferences


  • Third physician meeting and data review, determine if project is green light, discuss operating and partnership documents, secure seed funding for project


  • Initial draft of documents to physician partners and comments


  • Secure entity name and file necessary entity documents


  • Modifications to partnership and operating documents


  • Execution of documents


  • Initiate development phase of project

  • CON vs. non-CON state

  • State regulatory process


  • Free standing facility vs. part of medical campus


  • Renovation vs. Ground up facility


  • Hospital participation as part of the partnership

The Right Team, The Right Project.

The Right Partner.

On Time. On Budget. Every time

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