How can medical Real Estate make the most of ConTech revolution?
UK is one of the biggest markets in the healthcare sector, it’s becoming an attraction point now for people all over the world to go there to be treated or stay in one of its therapeutic clinics. This is increasing the demand for more facilities and practitioners to cover this gap. In the same time, it’s contributing to the national investment of UK. Global property adviser Knight Frank has reported a strong year for real estate healthcare investments with £1.32 billion of transactions in 2017, an increase of 88% when compared with the 10-year average, in their latest research Healthcare Capital Markets 2018. In addition to that, it’s also one of the least affected sectors in the UK by Brexit, “The healthcare sector is one that is least affected by Brexit volatility, as demand for healthcare services is typically driven by domestic factors. Just weeks into 2018, healthcare transaction volumes have already reached £75 million and Octopus Healthcare has completed a fund raise of £85 million to focus exclusively on the UK care home market.” Said Julian Evans, Head of Healthcare Hotels & Leisure, Knight Frank. These indicators show that technological change is coming to the healthcare facilities industry without a doubt. The technologies drive the change by making care services less expensive, more efficient, and more accessible on a global basis. In this article, we will let you know how ConTech software can affect the quality, time and cost of a medical facility project?
What are the Best ConTech App types to enhance Quality in a Medical Building Project?
As mentioned before, the construction healthcare sector is evolving at a rapid pace now. A report from Transwestern showed that by the next two years over 150,000 medical practitioners will be added to the marketplace. The total demand for healthcare spaces in the United States will increase to be ranging from 150.5 million sf/139.000 km ² to 225.8 million sf/209 km ². The only way to fill this gap is to invest more in the construction medical industry. Anyhow, technology is the main path to reach such a target. There are many software tools now that can help you to upgrade your quality product in this field as:
- 3D prefabrication computer modeling
- BIM technology for virtual design
- Integrated project management software
- Web-based construction management software
Health care facilities encompass a wide range of types, from small and simple medical clinics to large, complex, and costly research hospitals. In addition to that, the design of health care facilities is ruled by many regulations and technical requirements. What can solve this interlaced matrix is empowering technology to include all the building information as products, equipment, materials and specification in the early process of management. This can be easily done by implementing one of the previously mentioned ConTech apps to produce less costly and more responsive to customers medical property.
Source: CoStar, EMSI, Revista, BLS, Transwestern.
How using Web-based ConTech Software Reduce your Healthcare Facility Constructing Time?
Web-based construction management software was initially designed to tie all the project parts together in one place. Typically, a large number of members as clients, architects, contractors and consultants are involved in the project. But when we are dealing with a medical building project, we have even more parties to deal with. There are doctors, physicians, dentists or nurses. Everyone who is going to use this facility is considered a client with demands that you need to fulfill. It’s commonly said that “need is the mother of invention” that’s why medical practitioners are involved in designing such buildings. Web-based construction management succeeded in providing the timely information system needed to coordinate between all these parties and more. Next, are some added benefits when you start using web-based construction software in a medical project:
Flexible communication: The diversity of the team members working on a medical building project results in decreasing the chance of gathering them all together. Now no matter where your crew is, the web-based management software provides them with a real-time meeting platform that they can use to send, receive and discuss any common information.
Data accessibility and backup: It’s known that appropriate backup of project information saves you from sliding to unlimited disputes and claims. However, in a medical project, it’s a must to have an online portal that ties every single information about the building in case of an emergency. By using web-based software, you minimize the money and time spent on hardware storing or specially designed systems. You give your team members the chance to have access to the project data anytime besides saving these data secured.
Cost estimation: Web-based software is the first tool that can help you to increase your accuracy. Most of the medical and healthcare projects are mega projects with multiple inputs. The software will help you to calculate and document every aspect accurately which leads to higher profit ratio. The accuracy in calculation and documentation keep your project due schedule and prevent any unanticipated delay.
How to Build a Medical Facility with Minimal Costs?
Medical construction shareholders know well that a building project can slide suddenly and quickly because of the numerous variables involved in the process. In the following part, we are giving you some simple ways to mitigate your expenses and costs.
Consider economic and sustainable building materials: Hospitals and medical offices are now following the trends of sustainable design and energy consumption management. If you want to follow the sustainable concerns, you need to start this from the construction step. Manage your waste, minimize your energy consumption and keep the site work going green through an eco-strategy. This should be part of the project managers role in this phase of the project.
Design for every aspect from day one: Planning for all space requirements from the early beginnings saves you time and money on reshaping. Hospitals should reduce all the unnecessary spaces to saves them for better medical use. For example, some healthcare centers chose to separate between the office functions in a detached headquarter inside an office building rather than attaching it to the hospital.
Manage your capital wisely: Either you are working in a large healthcare center or small medical office, calculating and documenting your resources is your way to success. Always put a cost plan and make a risk analysis for any unanticipated defects. Monitoring your project keeps you on track and on budget.
In this article, we introduced to you how to manage a project of a healthcare facility using Contech apps? And how to mitigate your budget, follow your schedule and produce a high-quality project at the time? Now we will keep you inspired by the award-winning medical projects for 2018.
What are the best healthcare award-winning projects for 2018?
The American Institute of Architects (AIA) Academy of Architecture for Health (AAH) has selected seven participants of the AIA/AAH healthcare design award 2018 to be honored. The competition chose the top buildings upon four categories. First, buildings built with a budget lower than $25 million. Second, buildings with a budget higher than $25 million. Third, was for renovation and adaptive reuse. And fourth, for unbuilt projects. Many types of projects were submitted but the winners have succeeded in solving urban, construction and social problems in addition to being more practical and sustainable. Next is the first winning projects of each category:
- Less than $25 million: Story county medical center outpatient unit, Nevada.
Architect: Invision Architecture
A one-story building added to an already existing hospital to provide outpatient services. The building used interior natural materials combined with a more energy efficient design that promoted the health and wellness feeling in the space.
- More than $25 million: Lucile Packard children’s hospital Stanford, Palo Alto, Calif.
Architect: Perkins+Will and HGA Architects
Technology advanced, family-focused children’s hospital. The building is a platinum LEED certified with innovative systems to reduce energy and water consumption. The system depends on linking the gardens and terraces with nature and biophilic design elements in materials, art, and wayfinding. Also, the design responds holistically to mind, body, and spirit.
- Renovation: Cedars-Sinai playa vista physician office and urgent care, Playa Vista, Calif
Architect: ZGH Architects
The design of the building reflects the culture and aesthetic of the neighborhood with its flexible plans, rich colors and floor to ceiling windows. Space is flooded with natural light which gives a result of welcoming and relaxing environment for all.
- Unbuilt project: Eastside health clinic, Portland
Architect; Ankrom Moisan Architects
A six-story building with a healthcare facility, retail, 34 transitional housing studios, 10 palliative care rooms, 118 SROs, and 12 respite care beds. The main concept is depending on “feeling at home” where the design will create a sense of comfort and safety in the project. The building is supposed to be a home for health recovery besides being just a clinic.
These inspiring and lucrative projects were never to reach this point without the power of technology. New construction software and systems are invented every day to make your tasks easier. All that you need to do is to find the right choice and save your seat in the foreground.