Relocation vs. Renovation? Decide What to Do With a Doctor’s Office In Toronto
When it comes to medical office space, cramped offices ruin earning opportunities. However, this is still a common mistake among doctor owners or managers as they think about the cost of relocating or renovating their office and choose to endure inefficiency in space, low morale, and stunted revenue. Many of them think that more square footage would mean more overhead expenses, while failing to think that if they see more patients per day with the same number of staff, they will easily make up for those expenses. In fact, the doctor’s office will likely become more profitable than before. Monterrey Design Build Inc. can help you decide what to do with your doctor office space.
How We Can Help You Evaluate Your Office Space
The best thing that you can do to decide whether to choose relocation or renovation of your doctor office in Toronto. You need to study your office space, the kind of practice, the planned growth, and the possibility of taking on more medical work.
You also need to consider if you want more medical staff to expand the office. It is also important to determine whether your area of specialty is expected to receive more patients, such as the baby boomer generation that would pay more visits to the orthopedic, rheumatology, and urology. It also helps if the expansion of more rooms will mean that you can accommodate and treat more patients daily.
Depending on your specialty, you can follow a national benchmark. You need to consider how many full time physicians you have working in the office. We can help you stay current with this benchmark, too. Based on the 2010 Cost Survey for Single-Specialty Cases, urology practices use 2,189 square feet per full-time equivalent, while pediatric practices use around 1,722 square feet.
Before you decide to relocate, you should think about rearranging your things in your existing space and possibly find a square footage to spare. We can also help you with that. But if this does not work at all, renovating the office might be a good idea.
Patient’s Welfare – a Priority
Relocation might cause trouble on the part of your customers and employees. If these people love your current location, without any problem with access and parking, then it might be a good idea to simply find ways to renovate the office
Don’t even consider maintaining multiple medical facilities if you don’t want to inconvenience your patients. This will also be tougher on your administrative tasks, such as in admitting, billing, and other patient-related tasks.
How Monterrey Can Help
Monterrey Design Build Inc. has been helping hundreds of Torontonians since 2001. We have successfully renovated bathrooms and kitchens, expanded to a second floor or added a patio, among others. We will continue working on your doctor office until you are completely satisfied with the results. If you want to see possible renovation projects, come visit our website now!