Feasibility & Business Plan Development
Feasibility and Business Plan Development for New Hospital Building Projects include:
- Hospital Business Plan and Feasibility Study Development.
- Financial Analysis and Projections.
- Determination of Scope and Services.
- Creation of Detailed Project Reports for the Hospital Project.
- Phase Reviews and Prospectus.
A Preview of our Services
An executive team from TAH Global will travel to the site in order to conduct a survey and interview the board members, community leaders and other key stakeholders of the project, that may have a positive influence over its success. The team is responsible for carrying out a breakdown of the market to review the project’s cogency in respect of the local population and foreseeable business prospects.
During the survey phase, the executive team from TAH Global will also develop (Or review) the financial statement, balance sheet and statement of cash flows. Based on the scope of services distinguished, TAH Global’s executives will make the required suggestions in terms of the building, health information technology, working capital needs, equipment etc. TAH Global will identify insurance companies, private employers and government institutions with the goal of developing jointly beneficial contractual understandings. This will help provide hospital services to sources of potential patient referrals. Furthermore, executives review operational costs such as malpractice, insurance, salaries, utilities etc.
The Preliminary Employee & Medical Staff Plan plays an important role in identifying the human resource requirements as well as other resources that will help conduct regular business at the healthcare facility. An assessment is carried out to identify the amenities that could possibly be provided through external sources like maintenance, security etc. This helps them make recommendations regarding the appropriate services that can be outsourced at their financial effect on the business.
Finally, TAH Global’s team will develop a Prospectus that helps hospital owners and board members during the discussion with investors and banks.
Through our Feasibility and Business Plan Development services, we aim to bring together the collective conscious of the organisation and have a positive influence over their success.
Feasibility & Business Plan Development
An executive team from TAH Global is assigned to each client individually. It consists of industry experts with years of prior knowledge, keeping in mind the best interest of the client. They travel to the site and conduct a survey which also includes an interview of the board members, community leaders and other key stakeholders of the project. This team is responsible for carrying out a breakdown of the market to review the project’s feasibility with respect to the local population and future business plans.
The team visits the site and conducts a survey. During the survey phase, the executive team from TAH Global also develops a financial statement, balance sheet and statement of cash flows. Based on the decided scope of services our team of executives makes the required suggestions in terms of the building, health information technology, working capital needs, equipment etc. Following this TAH Global helps you identify insurance companies, private employers and government institutions with the goal of developing jointly beneficial contractual understandings. This helps in providing hospital services to sources of potential patient referrals. An assessment is carried out to identify the amenities that could possibly be provided through external sources like maintenance, security etc. Furthermore, our executives review operational costs such as malpractice, insurance, salaries, utilities etc throughout this process.
Yes. Once the survey phase is over, along with other formalities including the identification of insurance companies, potential investors, human resources etc., TAH Global’s team carries out an assessment of operational costs and other overheads. Once the entire planning phase is over, the team draws out a prospectus for the client, detailing all the findings and the best plan to follow.
It’s good to have questions as a healthcare entrepreneur. Feel free to ask us.
Working with TAH Global has been an exceptional experience. They truly understand the requirements of our organisation and help execute the entire process of building the entire facility and getting recognition for our organisation. Their team is very professional and experts at what they do.
