An Investor’s Guide to Developing a Private Hospital
Ten Considerations before Committing
by
Book Cover & Preview Text
Mainly for individuals with little or no experience with the development of a general acute private hospital (or any type hospital). - Lenders (Banks) – On the questions to ask and features for success, and whether to provide loan(s), - Potential Investors – The individuals, companies, who may be approached to come up with an equity contribution, - Project Developers – Who will benefit from the book as it not only highlights the uniqueness of hospitals as a business, but addresses critical factors that should be considered before deciding to proceed with or participating in a proposed new private hospital project, - Doctor Participants - Who wish to initiate, or participate in a new hospital project; and, - Doctor Investors - Potential Investors in such projects should also find the book useful as an assist in defining or validating the hospital project’s proposed scope and the reasonableness of the assumptions underlying the project that are cited as reason to expect the proposed new hospital to succeed. - Architects - In the design development of an acute general private hospital will also find the book helpful as it contains functional considerations that should be incorporated in the various design elements of a hospital that enhance its usability by medical professionals and patients. It also includes information gathered “after the fact” which in most cases has never been fed back to the Architects, to better design future facilities. Information can be used for any hospital facility, - Students – Who may be studying or contemplating a career in Healthcare Administration, and want a better understanding of key issues in operation and development of a Hospital, - Quaisi-Private Government linked initiatives eg PPPs in similar design and operational considerations, and - Public Healthcare Facilities for reference, and best practice.
Formats
Book Details
About the Book
If you’re considering developing a private general acute hospital—or even just thinking about becoming involved—then you need to determine whether the venture is likely to succeed. Arthur R. Ouellette and Steven J. Sobak, Two experienced professionals who have developed and managed hospitals throughout the world, highlight ten key considerations before making a final decision. If you move forward, you’ll learn how to: design a proposed private hospital to maximize its operational success; deploy capital to improve the return on investment over the long term; promote positive relations between medical professionals and the community. Investors will discover the right questions to ask before committing money. Banks will get insights to help them determine whether to extend a loan. Project developers will get tips on boosting efficiency. Architects, students, and politicians involved in providing health-care facilities will also benefit from this important resource. By asking the right questions and proceeding accordingly, you’ll know if investing in a new private hospital will benefit you and your community.
About the Author
Arthur R. Ouellette developed and managed hospitals across the world for over four decades including Hospital Corporation of America’s International Division in the Middle East and Africa and its subsidiary in Britain. He was the first CEO of Singapore General Hospital after its Restructuring in 1989. Steven J. Sobak has more than forty years of health-care administrative experience in the public, quasi-private, and private sectors. He has held senior management roles at hospitals in the United States, Middle East, Singapore, and Malaysia, and was part of the HCA International team that helped restructure Singapore General Hospital in 1989.