Page 31 - The MarchLife Story

MARKET & BUSINESS
OPPORTUNITY
With an immediate pent-up demand for 1,124 beds within 20 miles of MarchLife California, the 1st 150- Bed hospital tower should ll to capacity in the rst year of operations.
Assuming only a 10% market share, which is very low considering MarchLife California will be the newest and most technologically advanced hospital in the 20 mile service area, MarchLife California should expect a 300+ bed demand.
With projections of 15% population growth* in Riverside County over the next 10 years and no signi cant hospital projects in the pipeline, an additional demand of 450-500 beds will be created. The 2nd and 3rd hospital towers will be strategically phased to service this market need.
The following chart displays the immediate commitments from MarchLife California partner Riverside Medical Clinic and other interested physicians groups to send their inpatients to MarchLife California.
MarchLife California - Tower 1 Physician Group Bed Occupancy Projections
250 200
150 100 50
0
Physiciansʼ demand will quickly exceed Tower 1 capacity
Riverside Physical Network IPA
RMC - Commercial HMO
RMC - Medicare FFS RMC - Senior HMO
Independent Physician and In-Migration
Emergency Department
RMC - Third Party Non-HMO
Moreno Valley Medical Group/NAMM-Prime
Care Capacity
First Year Occupancy
*Projection prepared by Walter Schwarm, Demographic Research Unit, California Department of Finance, (December 2014)
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Average Daily Census