Hospital Feasibility Studies
Assessing demand, catchment and financial viability before a hospital investment decision.
Hospital feasibility studies help promoters, developers, lenders and existing hospitals test whether a proposed hospital project is viable before committing capital. We assess demand in the catchment area, likely patient volumes, the right service mix and bed capacity, capital and operating costs, and revenue potential, so capacity, design and investment decisions are grounded in evidence rather than assumption.
What this service covers
- Catchment area definition and population, demographic and disease profile assessment
- Market and competitor assessment for the proposed location
- Patient volume and occupancy projections across proposed clinical services
- Service mix planning aligned to local demand, referral patterns and payer mix
- Bed mix and capacity sizing covering wards, ICU, NICU, operation theatres and day care
- Capital cost estimation including land, construction, equipment and pre-operative expenses
- Operating cost model covering staffing, consumables, utilities and administration
- Revenue projection by service line with payer mix and tariff assumptions
- Sensitivity and risk analysis on occupancy, tariff and ramp-up assumptions
- A structured feasibility report with a clear recommendation and implementation roadmap
Our process
- Confirm the project vision, constraints and the decision the study must support
- Review available plans, records and pre-feasibility information
- Conduct catchment, demand and market research
- Develop the financial model and test sensitivity and risk
- Document findings in a structured feasibility report
- Present the findings and agree the next steps with stakeholders
Frequently asked questions
What does a hospital feasibility study include?
It covers catchment and demand assessment, competitor and market analysis, service mix and bed capacity, capital and operating cost estimates, revenue projections and sensitivity analysis, and ends with a recommendation on whether and how to proceed.
Who should commission a feasibility study?
Promoters planning a new hospital, existing hospitals evaluating expansion or a new location, developers and lenders assessing an investment, and organisations considering the purchase or conversion of an existing facility.
What information do we need to get started?
The proposed location and site details, the intended scale and service scope, the investment frame, and target timelines. We fill the remaining gaps with structured market research.
How long does a feasibility study typically take?
The timeline depends on project size, location and how much verified site and market information is already available. We agree the schedule during the planning conversation.
How is a feasibility study different from a detailed project report?
A feasibility study decides whether a project is viable and at what scale; a detailed project report takes an approved concept and develops it into detailed plans, cost estimates and implementation documents.