Medical Facilities
Feasibility Study
Wert-Berater, Inc. specializes in providing expert and reliable feasibility studies for Hospital projects.
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Addiction Services Clinics Feasibility Studies
Ambulatory Center Feasibility Studies
Birth Center Feasibility Studies
Cancer Medical Facility Feasibility Studies
Community Hospital Feasibility Studies
Critical Access Hospital Feasibility Studies
Dentistry Feasibility Studies
Health Center Feasibility Studies
Inpatient Care Facilities Feasibility Studies
Internal Medicine Facilities Feasibility Studies
Ophthalmology Facilities Feasibility Studies
Pharmacy Feasibility Studies
Primary Care Feasibility Studies
Psychiatric Hospital Feasibility Studies
Regional Hospital Feasibility Studies
Rehab Hospital Feasibility Studies
Rural Hospital Feasibility Studies
Substance Abuse Treatment Center Feasibility Studies
Urgent Care Feasibility Studies
Veterinarian Medical Facility Feasibility Studies
Women's Hospital Feasibility Studies
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Our team of experienced professionals evaluates all aspects of the project to ensure its success – from project inception to construction and operations planning.
Choose us to help you make informed decisions for your Medical Facility project.
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Book a meeting to interview us, ask questions and view samples of our work.
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Because of client project confidentiality, unfortunately we do not email samples to customers - Client Confidentiality is Sacred.
Medical Facilties
Feasibility Study
At Wert-Berater, Inc., we are experts in Medical Facilities feasibility studies, providing essential information to those seeking SBA 504, SBA 7(a), USDA Rural Development or USDA Community Facilities Development or other commercial loans.
Our team of professionals is dedicated to delivering accurate and comprehensive evaluations of Medical Facilities, including market analysis, financial projections, and site assessments.
With our expertise and attention to detail, we help clients make informed decisions about their investments and develop successful business plans.
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Whether your project is an expansion or new build Hospital, we have the experience to provide a comprehensive Medical Facilities feasibility study that assist your decision making process and potential loan underwriting in compliance with the Small Business Administration (SBA), USDA or other commercial loan requirements.
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See our Experience Page for recent Hospital Feasibility Studies completed around the USA and international locations having provided Medical Facilities Feasibility Studies in South America and Africa over the years.
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FAQs
How do we do it?
Medical Facilities Feasibility Studies are carried out by a careful evaluation as presented in the following Medical Facilities Feasibility Study Statement of Work which complies with USDA and SBA loan underwriting requirements.
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We subscribe to reliable sources of data that are accepted by loan underwriters.
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Will my Medical Facilities feasibility study be accepted by my lender?
We are approved by a vast network of SBA and USDA lenders, CDC's and Commercial Banks. Prior to ordering your Medical Facilities feasibility study, if your lender in not on our list, we are pleased to provide our feasibility study consultant credentials including E&O Insurance, Sample Medical Facilities Feasibility Studies, references, and our resumes.
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How much does a Medical Facilities Feasibility Study cost?
Depending on the complexity of the project and the time needed to have a completed Medical Facilities feasibility study ready, the cost varies from about $7,500 to $50,000.
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How much time is needed for us to complete and deliver your Medical Facilities feasibility study?
This depends on our workload when you order your Medical Facilities feasibility study.
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RUSH orders cost extra, but can be completed in as little as 10-business days, providing you have the necessary items provided to us at engagement.
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Generally, Medical Facilities feasibility studies are completed in about 20 to 30 business days.
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What items do I need to provide to have a Medical Facilities Feasibility Study completed?
Our Medical Facilities feasibility studies are comprehensive and intended for loan underwriting purposes.
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We normally request the following items when you engage us for a Medical Facilities feasibility study:
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Parcel number(s)
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Land cost
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Site plan
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Building renderings and dimensions (SF areas and allocations), bed types, offerings mixtures including ER or other types of care, if any
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Project cost breakdown
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Land cost and when purchased or is it under contract
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Resumes for all owners with 20% or more interest
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Loan terms applied for including Loan Type such as SBA 504 or 7(a), USDA, loan amount(s), interest rate and amortization
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Copy of your business plan including your projections
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Any appraisals
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Any environmental reports (if a purchase, continuance or reposition project, all Phase I or Phase II Environmental assessments
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If your lender has provided a Term Sheet, we would like to have a copy
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Other items you deem important
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Lender contact details
Medical Facilities Feasibility Study Statement of Work
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Executive Summary
Medical Facilities Feasibility Studies are designed to comply with SBA, USDA and other commercial loan or grant application requirements.
The Executive Summary includes the following items:
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Project summary of the planned improvements details and location
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Loan request details
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Project cost summary
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Conclusions and Recomendations
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Economic Feasibility
Medical Facilities Feasibility Study site analysis is a critical component of the project whether its of new construction, expansion or a repositioning project, a compete site analysis is completed summarized as follows:
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Information regarding project site including:
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Land area
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Site locator maps
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Zoning
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Flood zone
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Access and Road Service to the Site
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Utilities availability
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Availability of infrastructure
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Visibility
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Traffic counts
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Neighborhood analysis
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Radius Demographics, Historical Care Provided Demographic Analysis
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Bed Demand Analysis
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Need for the Facility Analysis
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Care Leakage Analysis
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Availability of Trained and Trainable Labor
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Labor scheme which summarizes the number of employees, shifts worked, wages and benefits
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Site analysis summary
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Conclusions
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Market Feasibility
The market feasibility section for a Medical Facilities feasibility study includes the following items:
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National industry overview
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Local competitive analysis including existing, in-planning and under construction competitors
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Competitive Bed Revenues
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Competitive Usage Rates
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Care Demand forecast 10-Years
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Gross revenue estimates
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Conclusions
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Technical Feasibility
The technical feasibility study section for a Medical Facilities feasibility study includes the following items:
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Suitability of the selected site for the intended use including an environmental impact analysis
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Development and construction cost estimates
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Commercial Replication risks
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Regulation and Governmental Action
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Conclusions
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FinancialFeasibility
Financial Feasibility
The financial feasibility study section for a Medical Facilities feasibility study includes the following items:
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Pro Forma Assumptions
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Market Indicated Bed or Service Rates
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Usage Rates
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Expense Ratios
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Pro forma (10 years)
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Discounted Cash Flow Analysis (DCF)
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Internal Rate of Return (IRR) Analysis 3-, 5-, 7-, and 10-year hold
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Debt Service Coverage Ratio (DSCR)
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Sensitivity Analysis
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Breakeven Analysis
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Balance Sheet Analysis
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Financial Ratio Analysis
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Conclusions
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Management Feasibility
The Medical Facilities feasibility management feasibility includes:
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Summary of your experience and education, training for all owners with a 20% interest or more
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Ownership interest summary
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Availability of short-term credit
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Tax issues
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Company organizational chart
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Type of legal entity and information concerning its formation
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Conclusions
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Why choose Wert-Berater, Inc. for your Medical Facility Feasibility Study and what sets Wert-Berater, Inc. from their competitors?
We are a small and focused firm that specializes in feasibility studies since 1998 having over 25-years of experience.
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We are lender underwriting report focused, thereby your lender will be provided with the appropriate third party assessment of your project.
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We understand the loan underwriting process.
Over the decades, feedback from lenders has helped shape our Medical Facilities feasibility studies to comply with underwriting demands.
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Moreover, we have experience in a wide array of markets, facility types and types of care.
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Our in-house files include studies that we have provided whereas many owners have provided us with financial statements for their other Medical Facilities facilities they own, we also place reliance on the most recent NIC MAP data, Definitive Healthcare, American Hospital Directory, thus we have developed well-supported pro forma statements based on actual financial statement ratios in just about all 5o states and territories as well as international locations.
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We also subscribe to platforms such as RMA (Risk Management Association), ArcGIS Business Analyst, and Dun & Bradstreet which provides us with localized competitor financial data.
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Our Medical Facilities feasibility studies are bankable feasibility studies mostly used for to support loan applications.
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Types of healthcare facilities
Medical Facilities Feasibility Studies Worldwide
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Ambulatory surgical centers
Ambulatory surgical centers, also called outpatient surgical facilities, allow patients to receive certain surgical procedures outside a hospital environment.
These environments often offer surgeries at a lower cost than hospitals while also reducing the risk of exposure to infection—since patients are there for surgery, not to recover from sickness and disease.
Ambulatory surgical centers don’t provide diagnostic services or clinic hours. Instead, they take patients who have been referred for surgery by a hospital or physician—they’re designed to be “all business” when it comes to surgical care.
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Clinics and medical offices
The definition of a clinic is “a facility for diagnosis and treatment of outpatients.” There are many healthcare facilities that fit that definition across a wide variety of treatment specialties.
Many people go to a clinic for routine doctor’s appointments and checkups. These healthcare facilities can be a physician’s private practice, a group practice setting or a corporately owned clinic that may be connected to a larger healthcare system or hospital.
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Clinics cover a lot of ground in healthcare. For example, you could visit a dental clinic to have a toothache investigated, a physical therapy clinic to recover from an athletic injury or a pediatric speech therapy clinic to help your child overcome an articulation disorder.
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Birth centers
A birth center is a healthcare facility for childbirth that focuses on the midwifery model, according to the American Association of Birth Centers. They aim to create a birth environment that feels more comfortable to the mother and allows for a cost-effective, family-inclusive birth.
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Birth centers are not typically equipped with the same contingency equipment and staff as a hospital, such as surgeons in case of a C-section or a neonatal intensive care unit.
As a result, birth centers accommodate only healthy pregnancies without any known risk or complication factors.
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Dialysis Centers
Patients with kidney disease often need regular treatments of dialysis.
Dialysis is a process that filters and cleans the blood artificially—the work functioning kidneys normally take on.
About 14 percent of Americans have chronic kidney disease. When kidneys aren’t able to filter the blood the way they are supposed to, patients might need dialysis as often as three times a week to avoid serious complications.
With such high demand, dialysis facilities rose up to meet patient needs and avoid undue strain on hospitals.
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Hospitals
Hospitals are the ultimate “catch-all” healthcare facility. Their services can vary greatly depending on their size and location, but a hospital’s goal is to save lives.
Hospitals typically have a wide range of units that can be loosely broken into intensive care and non-intensive care units.
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Intensive care units deal with emergencies and the most serious illnesses and injuries. Patients with imminently life-threatening problems go here.
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Non-intensive care units include things like childbirth, surgeries, rehabilitation, step-down units for patients who have just been treated in intensive care and many others. Typically, most hospital beds could be classified as non-intensive care.
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Imaging and radiology centers
These facilities, much like their hospital counterparts, offer diagnostic imaging services to patients.
Diagnostic imaging includes CT scans, ultrasounds, X-rays, MRIs and more.
While hospitals and even clinics have imaging centers, outpatient facilities help keep costs lower and allow more convenient scheduling for patients.
Hospital facilities will likely handle imaging for urgent cases, such as an MRI for a brain injury.
But any imaging that can be scheduled in advance, such as ultrasounds to monitor a pregnancy, could take place at an imaging center.
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Mental health and addiction treatment centers
This type of healthcare facility is a grouping for many different types of facilities.
Specialty treatment centers exist all across America for specified mental health issues and addictions.
Mental health treatment facilities sometimes exist as a general institution for any mental health issue and are sometimes specialized.
Examples of these kinds of facilities are suicidal thoughts (or suicidal ideation) treatment, depression treatment, trauma and post-traumatic stress disorder (PTSD) treatment, treatment for anxiety disorders, behavioral disorders and more.
You can find inpatient or outpatient versions of many mental health facilities, designed to assist patients through different stages of their healing processes.
At the acute-care level, you can find mental health wards in hospitals—as well as hospitals specifically devoted to mental health and long-term care facilities.
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Addiction treatment centers typically deal with drug and alcohol addictions, as well as problematic behavioral addictions like gambling, work, shopping or the internet.
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Orthopedic and other rehabilitation centers
Orthopedic medicine deals with muscles and bones. Physical therapists are typically the practitioner patients see for problems in these areas of the body.
If you are experiencing chronic lower back pain, for example, you might see a physical therapist at an orthopedic center or clinic to get a diagnosis and a plan of treatment.
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Orthopedic centers deal in everything from athletic injuries to therapy for patients with disabilities. They typically offer evaluation and diagnosis of the problem, as well as prevention, treatment and rehabilitation work involving bone, tendon, ligament, muscle and joint conditions.
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These healthcare facilities have a variety of names depending on their specialization. They might simple be called outpatient physical therapy centers. Or you could find pediatric physical therapy clinics, sports medicine centers or geriatric physical therapy clinics.
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There are also rehabilitation centers where patients can receive various therapies to help restore their abilities after an illness or injury. Physical therapy, occupational therapy and speech therapy are all processes that help people gain or regain skills they need to move around, work or speak in daily life.
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Practitioners at rehabilitation centers work with people to help them recover as much of their mobility and independence as possible. Outpatient rehab centers can relieve the strain on hospital rehabilitation floors.
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Nursing homes
Nursing homes offer a living situation for patients whose medical needs aren’t severe enough for hospitalization, but are too serious to manage at home.
Some nursing homes offer services for heavier medical needs, such as speech and occupational therapy. Other nursing homes try to create a homier atmosphere, and might operate like an apartment complex with medical staff on hand.
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According to the National Care Planning Council (NCPC), nursing homes enable patients with injuries, acute illnesses or postoperative care needs to recover in an environment outside the hospital.
These facilities offer long-term medical care ranging from simple to complex levels of need in an environment built for residents to live in long term instead of just staying a few weeks or months.
Many people picture elderly patients in a nursing home.
For the most part that’s true—over 80 percent of patients are over the age of 65.
But there are also younger patients in nursing homes who may have serious long-term illnesses and need care beyond what their families can provide.
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Urgent care
Urgent care (UR) facilities exist for on-demand healthcare needs that aren’t severe enough for the emergency room, but are too severe or concerning to wait for a scheduled appointment at the doctor’s office.
Urgent care is a common choice when children get sick, for example, and need an immediate diagnosis or relief from symptoms.
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Providers in the UR are experts in acute care.
They can set broken bones and treat limb fractures; diagnose a viral illness; run strep tests, blood tests and urine labs and provide treatment for injuries.
If a problem is too severe, then urgent care practitioners will call an ambulance or refer patients to a hospital or specialist.