LeadingAge New York Adviser Fall 2015 Vol. 1 | Page 52
Feature
Repositioning...
(Continued from page 49)
4. Develop a realistic project schedule.
Recognize that repositioning projects are complex and that success depends on precise
scheduling and performance. Completing your project in the shortest but also the most
realistic duration will require experience, imagination, and intense teamwork.
5. Limit occupancy and revenue loss.
A well designed phasing plan will limit occupancy impacts and working capital needs
during construction. In projects that include new construction, achieving the earliest
completion and occupancy of new units has tremendous cash flow benefits.
6. Minimize disruption.
Make sure the pace of construction is fast enough to be cost effective, but not so fast that
the level of operational disruption is intolerable for residents, visitors and staff.
7. Communicate. Communicate. Communicate.
Maintain trust and credibility throughout all phases of the project by clearly and candidly
outlining what will be happening, when it will happen, what the operational impacts will
be and how those impacts will be mitigated. Transparency and open communication will
assure a healthy community spirit that keeps a positive focus on the outcome and benefits
of your repositioning project.
For senior care providers the brightest future awaits those who can best align quality care,
competitive costs and the most attractive, up-to-date physical plants. The fact is, when
consumers, families and referral sources compare competing options they see as equal in
quality and cost, “newer and nicer” wins.
For more information on repositioning your facility, call Paul Phillips, MS, LNHA,
senior living specialist, LECESSE Construction at 855-334-4490.
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