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Myths of Developer Owned & Financed Medical Fitness Centers
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Myths of Developer Owned & Financed Medical Fitness Centers

Educational Webinar, Presented by Hervey Lavoie, M-Arch & Tim Oliver, BS

When: 7/25/2013
12:00 PM
Where: Online Webinar
Contact: Rebecca Nordan

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"Myths of Developer Owned & Financed Medical Fitness Centers"
Presented by Hervey Lavoie, M-Arch & Tim Oliver, BS
Thursday, July 25, 12:00pm EST
Learning Objectives:
  • Develop an understanding of the relative cost of occupancy for a medical fitness center between a hospital and developer ownership structures.
  • Learn about how design affects cost of occupancy for a medical fitness center.
  • Understand how the development team's experience can significantly affect the cost of occupancy and eventual success of a medical fitness center.
This Educational Webinar will debunk five myths of the traditional developer option:
1. There will be a higher cost of occupancy
2. Design will be compromised by the need for an exit strategy

3. Developers have a higher cost of capital than the hospital
4. The hospital takes all the risk
5. All developers are created equal

About Hervey
President, OLC Designs

Hervey Lavoie is a Magna Cum Laude graduate of the University of Detroit where he obtained a Bachelor of Architecture degree in 1971 and the University of Colorado, where he earned his Masters degree in 1974. As President of Ohlson Lavoie Collaborative, an Architecture, Aquatic Design and Interior Design firm headquartered in Denver, Hervey is responsible for client service and satisfaction. With 38 years of design experience, he has successfully completed athletic club design assignments in 42 states and 6 countries. In addition to hundreds of athletic club designs, Hervey is responsible for the design of more than 40 medically-based fitness and wellness facilities around the country since 1982.

He has written extensively on the subject of sports and fitness design and has been published more than 65 times in various books, magazines and trade journals, including the MFA Design Guidelines and the ACSM’s national medical fitness manual. Hervey has also been an industry speaker at more than 15 national conferences including ACHE, IHRSA and the Medical Fitness Association.

About Tim
Senior Vice President Healthcare Development, NexCore Group

Tim Oliver evaluates new healthcare development opportunities for NexCore Group, identifying projects particularly aligned with the philosophy that has made NexCore a successful and unique asset to the healthcare industry. He is responsible for understanding the legislative and economic environment affecting healthcare real estate as well as best models and practices in the delivery of outpatient care.

On each NexCore project, Tim focuses on understanding the hospital’s strategic and business plans to help the NexCore team design a facility that will be successful for both the hospital and physicians. Tim is also involved in conducting demand and feasibility analyses early in the project and meeting with key independent physician groups at the onset of the leasing process.

Tim is a veteran in the healthcare real estate industry, having developed his first medical office building in 1975. Prior to joining NexCore in 2004, Tim helped found and direct two companies: Integrated Medical Campus, Inc., a healthcare consulting company, and Western Skies, Inc., a Denver-based commercial real estate firm where he worked with others to develop and manage over 1.5 million square feet of medial office space.

Tim received a Bachelor of Science in Political Science from California State College.

Click here to register for this webinar!

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