Staying ahead - Managing Risks and Controlling Costs in Health Care Capital Projects
Health care construction roundtable executive summary
On April 10, 2012, 19 executives convened in Nashville, New York City, and Philadelphia for Deloitte’s third-annual health care construction roundtable. The theme for this year’s virtual Telesuites event: “Staying ahead: Managing risks and controlling costs in health care capital projects.”
In addition to Deloitte, participating organizations included large-for-profit health care systems, regional health care systems, large urban public hospital systems, specialty hospitals, academic medical centers, architects, planners, technology consultants, and a city agency.
The day’s dialogue (conducted primarily in a question-and-answer format) focused on the potential risks that health care capital projects face as a result of health care reform, an evolving, consumer-focused marketplace, and increasing pressures to manage costs and maximize value.
Four broad topics framed the conversation:
- The impact of health care reform and the imperative to design cost-efficient new facilities in the face of reduced reimbursement
- Governance processes, controls and project delivery strategies for major capital projects and programs: Tactics to control costs and manage risks on major capital projects
- Integrating technology into the planning and design of hospital construction projects
- Managing your portfolio of real estate assets throughout the capital asset lifecycle.
This post-event executive summary offers highlights of the roundtable session. We sincerely hope that this publication provides information and insights on these important topics that you can take back to your organizations.