Strategy

FPR Medical Properties understands the importance of integrating healthcare and real estate strategies. Whether for a large healthcare system, a single hospital or a physician group, we work closely with clients to understand their short- and long-term goals including: service line development, hospital-physician relations and financial objectives. This collaboration ensures that projects are appropriately located, sized, configured and capitalized to deliver effective patient care within a healing environment.

We work with our clients on:

  • Healthcare and Real Estate Strategy Integration
  • Site Selection and Analysis

Healthcare and Real Estate Strategy Integration

As a participant throughout the initial strategy development or as a partner during implementation, FPR offers specialized expertise to align healthcare and real estate goals to support a client’s patient care, physician relations and growth objectives. We work in partnership with each client to ensure that the location, size and configuration of the property complements the client’s overall strategic direction and that the various stakeholders needs have been addressed.

  • Service line strategy: space, location, size and configuration to fit a client’s overall and service line strategies.
  • Ambulatory care: synergies between potential office space and outpatient care areas with a client’s outpatient strategy
  • Tenant mix: leasing and management expertise combined with client strategy for appropriate tenant and service mix

Site Selection and Analysis

Using its expertise in real estate markets and understanding of the unique attributes of healthcare properties, FPR can assist clients as they consider their options to lease, buy or build “off-campus” medical office and outpatient space. While each project is unique, our broad experience in healthcare and real estate informs each project. We work with each client to understand their priorities regarding capital structure, financing options and risk management. We provide a comprehensive assessment for clients to use in selecting the best option. Our assessment includes:

  • ease of access
  • building size and layout
  • parking and transportation availability
  • nearby healthcare services and complementary businesses in the area
  • synergy across multiple locations and services
  • land use regulations
  • development, finance and construction costs
  • repositioning of underutilized medical or non-medical space
  • medical space demand based on demographics and client strategy