DEVELOPMENT
BUILDING IS NOT SOMETHING YOU HAVE TIME TO DO.
Put MedBridge’s development expertise to work. We will coordinate all aspects of the development process and present you with a turn-key facility, fully staffed and well-equipped. Every month of delay in the opening of your facility could mean $50,000 to $200,000 in lost profit. With this understanding, MedBridge is structured to complete each project as efficiently and quickly as possible. As a vested partner, our interests are perfectly aligned with yours.
Feasibility assessment
MedBridge will assess revenue and provide cost projections based on formulas we have developed over the years. We ensure that the unique particulars of your facility’s location, patient demographics, specialties, payers and staffing needs are carefully considered.
Partnership formation
MedBridge has substantial experience navigating the legal and business issues related to partnership formation. Our facilities are typically set up as a Limited Partnership comprised of a General Partner and Limited Partners. Physician partners maintain majority interest and control of the facility.
Project financing
MedBridge will assume responsibility for obtaining all necessary financing to fully capitalize your facility. This typically includes a combination of partner funding and both tenant and equipment financing.
Facility design & construction
MedBridge will manage site selection, project design, facility improvements, equipment selection and procurement, and project construction. Our parent company, TynanGroup, is a national real estate development services firm with over twenty years and more than $4 billion in project experience.
Licensing, credentialing, certification & accreditation
MedBridge’s clinical operations staff will oversee all regulatory requirements and maintain current licenses and medical staff credentials. Medicare certification will be secured as early as possible, and a major agency will accredit your facility shortly thereafter.
Initial staffing
MedBridge’s Human Resources Manager and Director of Clinical Services will develop a staffing plan and all job descriptions for your facility. We will engage in recruiting activities to hire an experienced Administrator and/or Director of Nursing as well as support staff. MedBridge will also establish and administer employee benefit plans, as well as employee policies and procedures manuals.
