In healthcare real estate development, one of the most effective ways to reduce risk and keep projects on track is by establishing a realistic, data-driven target budget — and designing to it from the start. This proactive approach avoids common pitfalls of budget overruns, last-minute value engineering, and costly redesigns.
With deep experience across the healthcare real estate lifecycle, the team at Anchor Health Properties helps clients build high-quality, efficient facilities through integrated cost management with the collective project team down to the construction trades. Budgeting begins with robust data — from Anchor’s national and local cost databases to historical benchmarks and real-time pricing feedback from construction partners. By engaging the full project team early, including architects, engineers, contractors and trade partners, we ground every cost assumption in market realities and clinical requirements.