Lx IWMS Healthcare

Healthcare Real Estate Management

Lx IWMS Healthcare was designed for Healthcare chains that are struggling to manage large growing portfolios of real estate. While multi-location Healthcare companies have much in common with retail organizations, there are a number of key differences that Lx IWMS provides tools to manage. Our low per location pricing, fixed priced QuickStart® implementations, industry best practices work flows and reports allow us to deliver an enterprise Healthcare real estate management solution in weeks that fits any size budget. IWMS Healthcare Benefits

Lx IWMS Healthcare Modules

Real Estate Portfolio Management Lease Administration and Rent Accounting Lease Administration with Lease Analysis
Location Management IWMS Location Analysis for Real Estate Site Seletion
IWMS Capital Program Management Web based Construction Project Management

Key Processes

Strategic Market and Portfolio Planning

Demographics including GIS/Mapping of all medical facilities, doctor’s pffices and other business generators. Performance Criteria, Target Market Identification, Market Planning, Franchisee Market Segmentation, Forecasted vs. Planned vs. Actual Openings

Portfolio and Drawing Management

Manage one or multiple brands, Rollup Portfolios, Manage New Builds, Re-Los, Renovations, Closures, Surplus Property, Dispositions, Lease Renewals, Building Design, Approved Building Types and Specifications, Change Management and Notifications

Lease Administration and Rent Accounting

Administer Contractual Obligations and Compliance, Alerting of Critical Dates, Lease Terms, Options, Amendments, Responsibilities, Expense Setup and Escalations, Variable Rent, Operating Expense / CAM, Subleases, Co-Tenancy, Payment Transactions (Rent Roll), Insurance Requirements and more.

Lease Analysis

Comprehensive Cash Flow Analysis, Scenario Analysis, Lease vs. Lease Comparisons, Management Reporting, Analysis Charts/Graphs, Produce Complete Financial Report Packages.

Site Analysis and Transaction Management

Site Demographics and Performance Modeling, Location Comparables, Site vs. Site Scenarios and Analysis, Cash Flow Analysis, Lease vs. Buy, Dead Sites, Site Survey, Site Approval, Site Packs, Lease Negotiation, Proforma Lease, LOI’s, Loan Package, Loan Approval and Contract Execution

Construction Project Management

Due Diligence, Feasibility, Site Specific Adaptations, Budget Pro-Forma Approval, Permitting, GC Bidding and Bid Award, Milestone Tracking, Task Dependencies, Budget Tracking, Prototype Change Tracking, GC Draws, Permitting and Inspections, Procurement, Merchandising and Pre-Open/Re-Open Activities

License and Inspection Management

Manage pre-open and post-open inspections and government licensing, Alerts for Pending License Renewals, Staff Tracking, Facility License Tracking, Staff License Management, Store Proof of Licenses

Facility Management and Asset Management

Asset and Equipment Management, Scheduled and Reactive Maintenance, Work Order Management, Capital Improvements, Approved Vendors, Space Tracking, Product Catalog and Inventory.