Primary Healthcare Property

An on-demand series of briefings, chaired by Adam Thompson, Director, Primary Care Surveyors with contributions from:

• Tony Coke, Director of Primary Care Development at PHP
• Ian Crompton, an independent Banking and Finance Advisor
• Lisa Geary, Partner in the Real Estate Team at Capsticks Solicitors
• Jim Hart, Director of West Hart Partnership Ltd
• Patrick Lowther, Head of Strategic Projects at Assura PLC
• Dr Nigel Watson, Chief Executive, Wessex LMCs
• Steve West, Director of West Hart Partnership Ltd

This series examines the latest trends and developments covering the all-important issues relevant to decision making by all active partners.  COVID-19 is unprecedented and has brought fresh challenges to the way primary care is delivered in the community.  This series discusses how the delivery of primary care has been dramatically changed since the pandemic and what the impact of these changes will be to the sector both in the short and longer terms.  How does this affect existing healthcare premises and what will new medical centres look like?

With the emergence of integrated care systems and clusters of patient hubs as the way forward, the building specification and function will need to adapt, not least because of the move to online consultations.  It will be interesting to see how these changes, together with the pending Premises Directions, will take shape.  Covering:

• Trends, rents and values; review of premises; ownership v. lease
• What’s the same; what’s changed following COVID-19
• Where’s the market heading
• What to do

Pricing and how to register

Fees for the 4-part course: £299 + VAT. Click here to register. 

This course is included in the on-demand property course package. Register for a package of 9 on-demand courses at the highly discounted rate of £899 + VAT. Usual price of £1,890 now discounted by 52% for a limited period. To avail of this package simply register using the link above and select the ‘Full access to the on-demand property course package’ option.

Sign up for this series and receive the following:

• Four detailed sessions full of hard data and expert interpretation
  • Understanding the service provider and practice issues
  • Review of premises – fit for purpose?  Ready for the technology revolution brought about by the pandemic?
  • Ownership of premises
  • Investor issues – capital values, rents, income, yields and market value
  • Developing new premises – who’s investing, who’s buying, where’s the funding coming from.  Upgrading and refurbishing.
  • Adapting existing property: who pays for changes to the property – landlord or tenant?  Lease terms constraints, amending leases and implications for rents and rent reviews
• No important area is overlooked and there is extensive use of case studies to demonstrate the ‘who’, ‘what’ and ‘how’ of projects
• Sessions of 75 minutes each

About the series:

Investment in primary care has been solid; however, with a blow to the system and shock such as COVID-19, what will investment be moving forward?

Primary care premises will have to change post-COVID-19 and adapt very quickly.  What will medical centres and the patient experience look and feel like as we move to a new and challenging environment?  How will alterations be funded?  Many medical centres are not fit for purpose, not fit for the new way of consulting – with the medical professional and patient/customer consultation via digital means.  This raises many questions: how must the property be future proofed in a way never seen before?  How can social distancing be ensured in some of the older practice centres?  How can technology requirements be effectively introduced and quickly deployed?  The implications for leases, rent review provisions and rents.

This on-demand series is designed for all medical practice owners and practice managers, investors, funders, primary care estate directors, legal advisors to the primary healthcare sector, planners and agents.

Sessions:

Session 1: Understanding the service provider models and practice issues
Session 2: Review of premises
Session 3: Development opportunities and site values
Session 4: Capital values, rental income, yields and growth; investor perspective