Market Feasibility for Hospital Project Viability - R.Venkatanathan, Manager, Acme Hospital Projects скачать в хорошем качестве

Market Feasibility for Hospital Project Viability - R.Venkatanathan, Manager, Acme Hospital Projects

More Information: https://www.acmehospitalprojects.com/... Contact : https://www.acmehospitalprojects.com/... Call / Whatsapp: +91 97898 03259, 98406 22244 Watch other Webinar Videos: https://www.acmehospitalprojects.com/... Hospital Projects: https://www.acmeconsulting.in/service... Healthcare Feasibility : https://www.acmehospitalprojects.com/... Benefits & Importance: https://www.acmehospitalprojects.com/... Hospital Planning: https://www.acmehospitalprojects.com/... Hospital Project Report: https://www.acmehospitalprojects.com/... Planning the entire Project threadbare for ensuring Project Viability Starting with carrying out a Market Feasibility Study to understand the need for Medical Services in the area, the Specialties & Services most required, an Analysis of the Competition. Projecting the Patient Load, Tariffs, Total Revenues over a 8 Year Period, Cost of Project, Profitability, Cash Flow & Breakeven Point. Planning the entire Healthcare Project to ensure its Viability 1. Importance of Market Feasibility Studies. a) Minimizing the Risk involved b) Helps in making Informed decision-making c) Making the Project Cost-effective d) Helpful in reducing the overall budget e) To attract funding / Investment from external agencies 2. Feasibility studies are not just about determining what can be done, but also about identifying what should be done 3. Banks nowadays are insisting on an independent third-party feasibility study to determine the project's viability. 4. Importance of ensuring financial viability for hospital projects. 5. Cost Effectiveness and Market Feasibility Study. 6. Frugality during the Planning stage. 7. Elements that will be covered in Market Feasibility Study. a) Revenue sources b) Fixed Assets c) Operating costs d) Project financing 8. Components of MFS a) Market Demand Analysis b) Financial Analysis c) Regulatory Analysis d) Operational Analysis e) Risk Analysis 9. Benefits of Ensuring Financial Viability in Pre-Planning Phase. a) Enables informed decision-making b) Increases stakeholder confidence c) Reduce the Project Cost d) Financially viable project 10. How it helps in Informed Decision Making? a) Identifying market needs & opportunities b) Assessing competition c) Determining financial viability d) Minimizing risks e) Making Specialty & Facility Mix Frugal and Functional 11. Market Demand Assessments a) Population Demographics b) Healthcare Needs & Preferences c) Patient Behavior / Preferences d) Healthcare Utilization Patterns 12. Primary Surveys a) Assessing patient needs & satisfaction with existing services b) Evaluating pricing c) Identifying marketing channels d) Analyzing patient behavior 13. Competition Analysis & Profiling (CAP) a) Benchmarking against competitors b) Understanding Competitors' Differentiation c) Identifying Cost-saving opportunities & new revenue streams d) Optimizing pricing strategies 14. Applications of Competition Analysis & Profiling a) Identifying market opportunities b) Evaluating pricing strategies c) Developing marketing differentiation strategies d) Assessing potential barriers to entry e) Benchmarking performance for both clinical and managerial indicators 15. Market Assessment & Feasibility Study 16. Process in Patient Load Estimate using Forecasting Models and Historical Data a) Collecting historical data b) Analyzing trends c) Creating a forecast model d) Validating the forecast e) Sensitivity analysis 17. Preparing Revenue Statement a) Define the revenue streams b) Estimate the patient volume c) Estimate the revenue per service d) Calculate the total revenue e) Consider other revenue and income sources f) Validating the revenue projections 18. Preparing Tariffs a) Determine the types of services b) Identify the costs c) Determine the markup d) Set the tariffs e) Consider a Wide payer mix f) Validate the tariffs 19. Calculating HR Budget 20. Components of HR Budget 21. Cost of Project 22. Profitability 23. Cash flow a) Reduced overhead costs b) Lower debt burden c) Lower employee turnover and increase retention d) Improved patient satisfaction & Staff Satisfaction e) Efficient Operations 24. Break Even Point a) Controlled variable costs c) Improved efficiency #hospitalfeasibility #healthcarefeasibility #dpr #detailedprojectreport