Master plan lays foundation for facility investments.
Because construction and renovation projects can involve substantial risk, a healthcare organization should closely assess the economic implications before work begins. A facility master plan--a phased program of facility investment--can forecast the economic value of various options. It also helps ensure that projects comply with a hospital's long-term objectives.
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D003691:Delaware; D005376:Financial Management; D005377:Financial Management, Hospital; D006745:Hospital Bed Capacity, 300 to 499; D006749:Hospital Design and Construction / Q000191:economics*; D006752:Hospital Planning / Q000191:economics*; D007449:Investments / Q000191:economics*; D008722:Methods; D010934:Planning Techniques