September 15, 2018 - What are ratings of past and future bonds supporting hospital and agencies supporting the downtown concept?

Risks, a.k.a. Financial Risks, to Oneida County & @CityofUtica over proposed #mvhsdowntown by @MVHealthSystem, see @MoodysInvSvc at: https://t.co/ekjnG20nsw and others pic.twitter.com/jzM7u2pCoL

— #NoHospitalDowntown (@NoHospitalDwtn) September 15, 2018

Who bears ultimate responsibility if hospital defaults? The Mohawk Valley Health System also asked for tax help on their mortgage, MVHS Application to the Oneida County Local Development Corporation

July 2, 2017 - Utica exists becuase of its floodplain geography, thus Flooding is a potential risk to the proposed downtown hospital site.

March 21, 2017 - What risk do lawsuit(s) have on the health system's ability to forecast income?

Utica hospital, Mohawk Valley Health System @MVHealthSystem facing own lawsuit, sues Bumbolo https://t.co/8xqdYAxwFa pic.twitter.com/tMuCRSiURV

— #NoHospitalDowntown (@NoHospitalDwtn) March 21, 2017

Warnings

You Can Manage Construction Risks, but... "Colossal County Hospital was coming apart at the seams. With dozens of newly hired doctors, nurses, and technicians, millions of dollars of equipment on the road, and patient appointments backed up for months, the new facility was impossible to use..." Continue reading...

A 2011 meeting between officials from the veterans affairs department and its construction contractor set the stage for financial disaster... - Continue reading...

To start managing your construction risks, you need to... "Be able to list out what could jeopardize your projects. Take a deep breath, because the list can be long; Occupational, Financial, Contractual, Project, Stakeholder and Natural risks, plus Competition." Continue reading...

Best Practices Reduce Risks During Hospital Construction and Maintenance - "Implementing formal Construction and Maintenance Policy and Procedures can significantly reduce health and safety risks, minimize disruptions to hospital operations and assure compliance with state and federal regulations. The following is a guide to incorporating best practices" Continue reading...

Assessing Project Financial Viability - A Financial viability assessment evaluates the risk that, over the life of a proposed contract, a tenderer; a) may not be able to deliver the goods and services which are specified in the contract; or b) may not be able to fulfil guarantees or warranties provided for in the contract.Continue reading...

Railroad Risks

Train Derailment can occur when a train runs off its rails. Derailments are caused by many issues. For example, a derailment can be caused by a collision with another object, an operational error, the mechanical failure of tracks, such as broken rails, or the mechanical failure of the wheels. Extreme temperatures, Very Hot or Cold Weather, as well as severe rain and Flooding can damage tracks. Snow and ice on the brakes of a locomotive and the cars they pull can play a part in train derailments as well [Ref.].

For example, Polar vortex forces Chicago rail crews to use fire to keep trains moving and Extreme Heat Causes Train Derailment.

February 23, 2018 - Then there's the proximity to the CSX Railroad that's is being ignored...

Notice that a standard risk assessment matrix doesn’t use the word “tiny.” I’d love to see the risk assessment Mr. Revere’s agency conducted to arrive at his conclusion. pic.twitter.com/cVmkdz6QWv

— Steve Keblish (@SNKjr) February 23, 2018

Add this to; 1) Not a healing environment, 2) Close to a flood plain, 3) Congestion of neighboring mass gatherings, and 4) traffic bottlenecks... have us saying, Look At All The Advantages Of The 64-Acre St. Luke's Campus!

Read, Hospital construction projects require unique precautions.