Hammes Advisory Services

Project Feasibility

Hammes Capital Project Planning and Feasibility for Healthcare

In today’s rapidly evolving healthcare landscape, informed capital investment decisions require more than a project concept. Whether a health system is assessing new market entry, expanding or renovating existing facilities, or optimizing real estate assets, Hammes helps healthcare providers evaluate feasibility through a strategic, data-driven process grounded in market realities, financial stewardship, and implementation needs.

Through Hammes Advisory Services, our team connects market assessments, facility programming, financial forecasting, and real estate evaluation so healthcare executives can understand what to pursue, what to defer, and what needs to be validated before capital is committed.

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Gain a Clearer View Before Committing Capital

Before design or development advances, healthcare executives need to understand whether a proposed capital project is supported by the market, aligned with service-line and physician strategy, and realistic within the organization’s capital priorities.

Hammes brings market, facility, financial, and implementation considerations into one feasibility view, helping healthcare leaders understand whether a proposed capital project should advance, change, pause, or be phased differently.

This work is especially important when organizations are considering new market entry, facility expansion or renovation, ambulatory network investments, medical office buildings, specialty care facilities, or portfolio decisions that may affect capital allocation across the system.

A Decision-Ready Deliverable for Capital Planning

Hammes approaches feasibility planning as an input to capital decisions, not as a stand-alone study. The deliverable should be useful to leadership after the engagement ends: a practical reference for capital planning, board discussion, budget alignment, phasing, and the next stage of implementation.

Feasibility summary and recommended path forward

Market and competitor findings

Service-line and physician strategy findings

Preliminary facility program or space needs

Real estate and site criteria, constraints, and options

Financial pro forma, phasing, and risk considerations

Implementation roadmap with next decisions

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Modern two-story building with large windows and child silhouettes visible inside stairwell.

Capital Project Feasibility Questions Hammes Helps Answer

Once the project concept, market context, and facility alternatives are in view, feasibility work can help leadership clarify questions such as:

Which project option best supports service-line, physician, access, and market strategy?

Should the organization build new, renovate, expand, lease, acquire, consolidate, or defer?

What facility program, site conditions, and operational requirements should shape scope?

What total project cost, schedule, phasing, and capital assumptions should leadership evaluate?

What regulatory, entitlement, infrastructure, and stakeholder considerations could affect viability?

What approvals and next-step decisions are needed before design, development, or board action?

How Hammes Evaluates Healthcare Capital Project Feasibility

Hammes feasibility work is tailored to the decision at hand. Depending on the project, our Advisory Services team evaluates the planning factors that shape whether a capital project should move forward and how it should be scoped, funded, phased, and implemented.

Market and competitive conditions.

Population trends, demographic demand, patient access, competitor positioning, payer dynamics, service gaps, and market-entry considerations.

Service-line and physician strategy.

Projected volumes, physician supply and demand, referral patterns, clinical priorities, provider alignment, and recruitment considerations.

Facility program and space needs.

Preliminary department needs, capacity, utilization, adjacencies, operational workflows, patient and staff access, and future flexibility.

Real estate and site requirements.

Site viability, campus constraints, zoning, entitlements, AHJ considerations, infrastructure requirements, and ownership, lease, acquisition, or disposition options.

Budget and financial feasibility.

Preliminary total project cost, soft costs, cash-flow assumptions, operating assumptions, revenue considerations, pro forma inputs, and capital planning implications.

Implementation readiness.

Phasing, schedule, governance, stakeholder alignment, decision milestones, risks, and next steps needed before design, development, or board action.

Advisory Services

Where Feasibility Fits Within Hammes Advisory Services

Capital project planning and feasibility is one entry point within Hammes Advisory Services. The work often connects to related advisory services that test market strategy, ambulatory growth, portfolio performance, and site deployment before an organization commits capital.

Healthcare Advisory Services

As the nation's leading healthcare development planning and implementation team, we help health systems plan and execute new facilities and strategies,

Advisory Services Overview
Strategic Planning

We provide comprehensive and seamless approach to the planning and development of new ambulatory and acute care facilities.

View ANP Services
Capital Project Planning and Feasibility for Healthcare

We specialize in capital project planning and feasibility for healthcare providers.

Capital & Feasibility Planning
Real Estate Optimization

Hammes is a leader in real estate advisory services, offering data-driven strategies that help healthcare organizations optimize their real estate assets.

View Optimization Services
Capital Project Planning & Feasibility

Related Work That Informs Capital Decisions

These representative engagements show how Hammes helps healthcare organizations connect early planning decisions to market strategy, facility direction, portfolio performance, and implementation.

Replacement Hospital
Mohawk Valley Health System Wynn Hospital

Hammes delivered master planning, project management, and operational readiness for MVHS’s 702,000 SF, 373-bed Wynn Hospital in downtown Utica, NY.

Strategic Planning, Real Estate Optimization
Yale New Haven Health System

Hammes delivered a real estate portfolio analysis for Yale New Haven Health System — approximately 700,000 SF across 200+ sites — reducing lease costs and supporting consolidation.

Feasibility
Children’s of Alabama

Hammes supported Children’s of Alabama with feasibility evaluation, master facility planning, and ambulatory network planning for a new multi-specialty ambulatory center in Birmingham, Alabama.

Connect with Hammes

Health systems evaluating new market entry, facility expansion, renovation, campus investment, or real estate optimization can contact Hammes Advisory Services to discuss the decision, constraints, and next steps.

Frequently Asked Questions About Capital and Feasibility Planning Services

Here are answers to common questions about our capital planning and feasibility consulting services.

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Let's discuss your project and how we can help drive success for your healthcare system.

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Who is Hammes?

Capital project planning and feasibility is the process of evaluating whether a proposed healthcare facility investment should move forward and how it should be scoped, funded, phased, and implemented. For healthcare providers, this work typically includes market demand, service-line strategy, physician alignment, facility program, site conditions, budget, schedule, regulatory considerations, and financial feasibility.

When should a health system conduct feasibility planning?

A health system should conduct feasibility planning before board approval, site commitment, design launch, land acquisition, major renovation, replacement hospital planning, ambulatory expansion, or systemwide capital allocation. Early feasibility work helps leadership test assumptions before significant cost, schedule, and stakeholder commitments are made.

What does Hammes evaluate during feasibility planning?

Hammes evaluates the market, service-line strategy, physician alignment, facility program, site conditions, real estate options, total project cost, phasing, regulatory considerations, financial assumptions, and implementation requirements that shape capital project viability.

What should a feasibility deliverable help leadership do?

A feasibility deliverable should help leadership make decisions. It should clarify the recommended path forward, the assumptions behind that recommendation, the capital and operational implications, the risks to address, and the next steps required before design, development, or board action.

Can Hammes support the next phase after feasibility planning?

Yes. Hammes can support the next phase through advisory services, healthcare development, owner’s representation, program and project management, operational readiness, transition planning, and related real estate services, depending on the project’s needs and the organization’s preferred delivery model.