Healthcare

Healthcare

The healthcare delivery model is quickly changing to a value-based care platform, involving a network of care providers in both virtual and traditional bricks-and-mortar settings that must be adaptable to this evolving environment.

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Expertise

The healthcare delivery model is quickly changing to involve a network of care sources, and bricks-and-mortar real estate must be an adaptable component within the delivery system. As medical services migrate from the confines of the acute-care hospital campus, Avenue specializes in the nuances of ambulatory projects that focus on preventative care, wellness and rehabilitation.

Our expertise is developing pioneering healthcare properties focused on value-based care and wellness driven delivery platforms including:

  • Hospital-affiliated and provider sponsored ambulatory medical offices
  • Medicare Advantage-focused primary care clinics
  • Wellness and preventative care facilities
  • Special-use healthcare facilities
Broad Ripple Park Family Center

Development Services | Healthcare

Broad Ripple Park Family Center

The vision for the reimagined Broad Ripple Family Center was created during Indy Parks’ 2018 master planning process for Broad Ripple Park, a storied outdoor haven on the city’s northside with roots dating back to the early 1900s. Resident feedback indicated a strong desire for a new community center focused on healthcare and expanded programming in the well-loved park.

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Town Square Health - Apache Junction

Development Services | Healthcare

Town Square Health - Apache Junction

Town Square Health operates primary care clinics throughout the Phoenix metro area with over a 50-year history of serving communities in Arizona.  While Town Square Health provides quality, compassionate care to all ages, their value-based care platform is uniquely constructed to focus on preventative wellness programs helping seniors live better, longer.  As national trends in healthcare migrate towards quality outcomes, Town Square Health's forward-thinking mission is positioned to reduce the overall cost of healthcare delivery while maintaining high patient satisfaction and superior primary care services.

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Oak Street Health Fort Wayne

Development Services | Healthcare

Oak Street Health Fort Wayne

Avenue served as Oak Street Health’s national real estate partner, guiding the innovative primary care provider through expansion efforts outside of their headquarters in Chicago, Illinois. Avenue created a scalable, efficient prototype model and expansion platform for market selection, site identification, finish standards and a turn-key FF&E package, allowing Oak Street Health to become one of the nation’s leading primary care providers for adults on Medicare.

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select-arrow Strategic Post-Acute Service Line Development

Develop health system and post-acute provider collaboration strategy including:

  • Post-Acute demand assessment
  • Preferred provider affiliation criteria
  • Joint marketing and wellness programming development
  • Operational proforma modeling including recommended census mix
  • Technology integration recommendations
  • Address social determinants of health opportunities
  • Design and budgeting for renovations and new construction
select-arrow Programmatic Expansion

Develop prototype package standards to efficiently scale growth on a regional or national basis. Packages are customizable and include but are not limited to:

  • Market and site selection criteria
  • Schematic design of building and floor plans including assessment of operational work flow
  • Signage standards
  • Interior design finish packages
  • Standardized development budget creation for increased annual budgeting and company expansion planning
  • FF&E package assessment
select-arrow Project Investment Analysis
  • Determine the competitive landscape and create a defined market area to project demand requirements ensuring an optimal facility size and design.
  • Combine market assessment data with preliminary real estate project budgets to determine financial feasibility of a new development or acquisition.
select-arrow Public-Private Partnerships

Avenue can lead efforts with municipalities directly, or provide consulting services utilizing our experience in creating public-private partnerships between health systems, providers, and local governments.

select-arrow Schematic Project Design Package

Create a preliminary site plan, building design, and floor plan layouts to maximize operational efficiency.  Determine initial project budget as the foundation for project transparency and financial planning to all stakeholders.

select-arrow Turn-Key Development Services
  • Advisory Services and Assessments
  • Project Visioning and Collaborative Design with Provider Partners
  • Land Due Diligence
  • Existing Building Renovation Analysis
  • Entitlement Procurement
  • Project Design Management
  • General Contracting Selection and Management
  • Construction Management (through our partner, Inherent Commercial)
  • FF&E Procurement
  • FF&E Programmatic Assessment and Master List Creation
select-arrow Development Financing

Partnership is a core belief in the Our Avenue model, and this is especially true when determining the best financing option for a new development or renovation. We offer flexible real estate financing options including:

  • Fee-for-service development
  • Joint venture partnerships
  • NNN lease structures
  • Turn-key development with Avenue procured capital stack

Interested In What We Can Do For You?

CONTACT {HEALTHCARE} EXPERT