Array Advisors Insights

Determining How and Where to Relocate Practice for Sustainable Growth

Posted by Staci Hodge on July 6, 2021

Case Study Cover: Relocating Multi specialty Physician Practice

The decision to relocate a successful multispecialty physician practice requires multifaceted analysis. When the Advisors team recently guided a client through the process of making this decision, they analyzed the crowded market within which the system operated, the best way to achieve sustainable growth and the locations of other providers within the system.

Evaluating location, optimal practice square footage (now and into the future), and population demographics across the region, the team's analysis clearly identified the best relocation option. We've collected our process in a case study in hopes it may spark the forethought for others that our client had in looking into these myriad market share details well ahead of relinquishing their current lease. 

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Topics: Strategy