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30th March 2016, 01:12 PM
Super Moderator
 
Join Date: May 2012
Re: Hospital Business Plan

As you asking for the Hospital Business plan let me tell you that the Preparing an attractive hospital business plan needs intensive research, knowledge gathering of both hospital and healthcare sector. It helps in fundraising or simply optimizing the fiscal statements for the current business. Hospital Business plan writing should be effectively done by following a standard format.

for a Effective Hospital Busienss plan you may consider the following points :
Highlight areas of exclusive services offered by the hospital, type of hospital, whether it is for children, pregnant women or for special treatments like cancer, etc.

Study the requirements of the society. Assess whether hospital requirements are being attained or not, besides researching on the facilities provided by the rival hospital in the specific field. Describe how your healthcare facilities would be different from the competitors.

Gather information from the top executives of other hospitals providing same healthcare facilities. This will help you in understanding the areas on which your hospital has missed out. Incorporate the missing facilities and locate the kinds of tools you need to install in your hospital. It will indirectly assist in determining the initiating costs and the functional prices for constructing and operating a hospital business

Take advice from the real estate agent to identify the probable area of land where you can construct your hospital edifice. Seek advice from with an architect to verify construction price. This will help in recognizing the range and ability of your hospital along with the construction rates.

Recognize the accurate kinds of tools and products you will require to run your business, in accordance with the planned size and scale. Study the existing costs for every item which will eventually give you the final charges for your set up cost estimates.

Format of the Hospital Business Plan :
Executive Summary
Purpose
Mission of the Hospital
Vision of the Hospital

Client Service
Quality
Safety
Competence

Business Plan
Strategic Plan
Operational Plan - Services, Charges, Admission strategy, Strategic Policy, and Employee
Hospital features - Beds, staff, medical student recruitment, Operation Theatres, Intensive Care Units (ICUs), etc
Various Hospital Departments such as Radiology, Orthopedics, Obstetrics, General Medicine, etc
Hotel Expansion Plans
Brief on features of expansion
Hotel Tie-Ups
Expenses on various medical equipments and treatment
Operating Expenditure
Revenues
Strengths and Weaknesses
Prospects
Geographic
Demographic
Behavioral

Market Competitors
Income
Role and responsibilities of Executive Director, Operations and staff
Managerial Format
Remuneration
Plan for staff improvement / on the job Training
Fiscal Model Analysis - Recurring prices, initial expenses, etc
Fiscal Estimates
Advertising Plan
SWOT Analysis
Timeline
Contingency and Support Plan
Conclusion


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