Blueprints to Punch List: Healthcare Edition Podcast | Episode 8 | Richard Campbell & Nancy Ferren

Link to video podcast episode: https://youtu.be/xk2qrVzvuA0

Blueprints to Punch List: Healthcare Edition is your trusted guide to building healthcare facilities. Whether you’re a facility director, project manager, or practice owner, this podcast breaks down the construction process with practical tips and expert insights. From planning to final walkthroughs, we’re here to simplify every step of your journey. Focused on the unique needs of healthcare construction, we tackle topics like budgeting, compliance, materials, and scheduling. Whether you’re new to the field or a seasoned professional, Blueprints to Punch List equips you with the tools to turn your vision into reality. Let’s build smarter, together.

In this episode, hosts Dave Grosz and Ken Fulmer welcome Richard Campbell and Nancy Ferren from Veritas Medical Real Estate Advisors to discuss the unique challenges and solutions in medical real estate. The conversation highlights how physicians are still operating on 1990 pay metrics while facing increasing financial pressures, the importance of having a team that understands the specific needs of medical practices, and the pitfalls of making poor real estate decisions. Nancy and Richard share insights on how Veritas assists medical clients through all stages of commercial real estate transactions, from initial consultations to final occupancy, ensuring that real estate decisions support, rather than hinder, medical practices' operations and financial health. Tune in to hear about their innovative approach and learn valuable tips for navigating the complex world of medical real estate.

To connect with Veritas:

https://www.veritasmre.com/

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Also, visit:

https://wilsoncompany.net/podcast

https://wilsoncompany.net

00:00 Introduction to Physician Pay Issues 01:32 Welcome to Blueprints to Punch List 01:42 Meet Nancy Ferren and Richard Campbell 02:54 Veritas Medical Real Estate Advisors Overview 03:19 Recent Wins and Success Stories 07:14 The Unique Approach of Veritas 19:11 The Origin Story of Veritas 28:33 Partnering with Experts: Our Approach 29:35 Client Onboarding: Building Relationships 29:49 Memorandum of Understanding: Guarantees and Agreements 30:56 Demographic Studies and Heat Maps 33:37 Budgeting and Fee Structures 35:47 Comprehensive Client Analysis 37:46 Real Estate Site Selection 39:53 Financial Planning and Pro Formas 41:15 Turnkey Solutions: From Planning to Execution 42:43 Total Occupancy Cost: A Unique Approach 46:29 Regional Focus and Expansion 49:17 Final Tips and Advice for Clients 55:22 Contact Information and Closing Remarks

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