HCFP IS A LONG TERM PARTNER
Health Care Facilities Partners is structured as a privately held company which affords us an advantage in the marketplace: long-term commitment and forward thinking. We do not face the same pressures that Wall Street places on the publicly traded companies in our field. Wall Street requires that these companies strive to have majority ownership positions and consolidation rights in their partnerships – leading to a very rigid model with questionable value propositions for physician and hospital system investors over time. Additionally, Health Care Facilities Partners is not consumed with making the next quarter’s earnings targets, but, rather, we take a much longer outlook in our decision making process. Our capital structure and culture allow us to enter into the right partnerships with a long-term focus. While financial returns are important to our partners, their overriding objectives in undertaking a hospital, ambulatory surgery center or medical office building project remain:
• Physician control practice of medicine
• Physician convenience
• Hospital Systems forging a win-win project with its Physicians
• Better patient and patient family outcomes and experience
Our interests are aligned with our physicians and hospitals systems, and our partners appreciate knowing that their development and advising partner is invested and involved for the long run.
Our capital structure and physician-centric approach allow us greater flexibility when crafting physician and hospital partnerships. A controlling interest is not our goal. We believe that because of the continued substantial contributions that physicians make to the partnerships, it makes sense for the physicians to have a voice in the operations. We believe that Health Care Facilities Partners’ minority interest positions in its projects recognize the important role of the physician and ensure that incentives are aligned with our physician and hospital system partners for the long term.