Capital Program Management

Mitigate risk. Save time. Reduce Cost.

CREF is your scalable solution. Our team of experienced professionals support with capital planning and projects to help clients understand their geographical footprint, manage and negotiate project costs, prioritize cash flows, provide real-time reporting, and mitigate risk - all with the goal of helping our clients save money.

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Project Management
Budget & Project Planning
Feasibility Studies
Equipment Planning
Deferred Capital Planning
Planning & Design

All Capital Program Management Services

  • Budget Planning
  • Capital Programming
  • Commissioning Management
  • Construction Administration
  • Vendor Management
  • Planning & Design
  • Equipment Planning
  • Feasibility Studies
  • Funding Allocation
  • Project Development
  • Move Management
  • RFP Facilitation
  • Staff Programming and Fit-Planning
  • Warranty Process Management
  • Cashflow Reporting

A Success Story: Are you a scaling company who needs support with predictive cash flow and project management?

The Challenge

Struggling to understand the complexities of their geographic footprint and healthcare asset portfolio, one of the largest hospital operators in the United States had an urgent need to track regulated, complicated projects, on a campus, regional, national, and global-scale. In addition, challenges also included prioritization and management of capital requests and large annual project volume, with no access to real-time cash flow information – all as a result of limited internal communication and a lack of up-to-date information infrastructure.

The Solution

We helped our client create a hybrid solution – which included both professional support from our experienced staff, and our integrated data platform – customized to our client’s specific needs. This helped them to track, manage, and measure pipeline, make sound, informed decisions on capital approvals, and identify project risks early on in order to mitigate future cash flow issues.

Our Value

This combination of 100+ industry professional, coupled with progressive technology, saved time and allowed our client to focus on what was most important – managing their business.

CREF is your scalable solution – whether as an extension of your facilities group across a large geographical footprint or assessing the feasibility of a project at its conception, CREF provides an integrated approach to create efficiencies, preserve institutional knowledge, minimize operational costs, and avoid disruption to everyday business.

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Nothing’s Too Big or Too Small…

We’re able to concurrently manage thousands of complex healthcare-based projects at any give time.

Representative projects include:

  • Women’s services, facilities and expansions
  • Diagnostic imaging equipment
  • Substance abuse
  • Cath labs
  • Operating rooms
  • Patient bed expansions
  • ICUs
A near perfect track record for on-time and on-budget:
  • Prioritize cash flows
  • Deferred capital
  • Mental Health
See an Example of Strategic Planning and Campus Updates

Examples of strategic planning and campus updates

Scalable + Expertise

CREF if your scalable solution – whether as an extension of your facilities group across a large geographical footprint, or being able to assess early potential projects

  • 1000 projects managed at one time
  • 1 billion dollars worth of projects at any given time
  • Broad spectrum of complexity ranging from cosmetic upgrades to hybrid surgery suites
  • Full ground-up hospital construction
Testimonial
John Polanowicz

CREF has been instrumental in helping us manage our growth from 9 to 40 hospitals. They help us prioritize and manage capital requests, understand the complexities of our geographic footprint and our healthcare asset portfolio, and so this with a responsiveness that feels like we’re all one team.

John Polanowicz
Former Steward COO, Hospital President

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Start the Conversation

Reach out anytime. We look forward to hearing from you.

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