Master Site Planning
Description
A master site plan is a comprehensive guidance for future planning that supports the business plan, and should be part of the overall strategic plan. It should focus on physical plant structure and systems, and be flexible and adaptable to sustain the hospital for long-term planning. A master site plan is a strategic-planning tool that provides framework for future decision-making. It equips the CEO and Board with facts for informed capital decision-making. It should be a plan that sets the overall strategy for current and future operations development. It should provide a foundation for future cost-effective operation. Moreover, a master site plan should sustain the business model by considering future changes in community demographics and health status to determine needed health services.
Master site planning includes an assessment of existing hospital infrastructure to facilitate the decision to renovate or replace. The results of the facility assessment are summarized in a report documenting the current status of the existing campus(es), the facility options for consideration, and beginning cost estimates for each option. Supporting documentation with estimates at the departmental level is provided for review, validation, and/or revision (as necessary). Based on the cost estimates developed, preliminary financial assessments based on historical operating performance are completed and the expected debt service of different options are provided. This information is provided to facilitate a go/no-go decision prior to committing the additional resources to project the operating plan in a new facility and model the future financial impact.
Possible Anticipated Outcomes for Master Site Planning
- Increase operational efficiency,
- Strengthens competitive position by being prepared for future financial opportunities,
- Addresses market share issues,
- Addresses future staffing needs and efficiencies,
- Address the needs for various service lines,
- Determines expansion or contraction of current services