A healthcare feasibility study is an important part of planning a successful new or expanding health service organization. However, in the wake of the pandemic, the healthcare arena has changed…
Category: Healthcare Feasibility Studies
Feasibility Study of a Hospital Project – 5 Phases
A feasibility study of a hospital project is essential when you’re considering a large-scale acute care hospital project or a “micro-hospital” or a convalescent specialty hospital, such as a skilled…
Healthcare Market Analysis – Does This Project Make Sense?
A healthcare market analysis will answer this question! Many people believe that the first step in beginning a new business venture is to formulate their business plan. However, they are…
Market Assessment and Forecasting – what does this tell me?
Market assessment and forecasting, what does this tell me, and how do I use the data? The healthcare industry is filled with uncertainty and opportunity, and strategic trends are to…
Health Care Feasibility Study – 3 Post Acute Case Studies
Think of a health care feasibility study as the foundation for your new post-acute care/long-term care (LTC) venture. Perhaps it’s a different line of service or an entirely new idea….
Nursing Home Business Plan – 7 Key Points
An actionable nursing home business plan must include many components. Below are seven important considerations. The U.S. is currently experiencing a shift in demographics. According to the U.S. Census Bureau,…
Strategic Trends in Healthcare 2020
What are the important strategic trends in healthcare in 2020? The healthcare industry is constantly changing and 2020 will be no exception. New technologies are creating change from artificial intelligence…
Medical Tourism Industry – A Focused Overview
The medical tourism industry continues to grow and, as a result of the rising costs of medical procedures in the United States, Central Europe, and other developed nations, patients and…
Starting a Medical Tourism Business
Starting a medical tourism business is not easy, but mounting changes and regulations in western healthcare systems have prompted a boom in medical tourism. In fact, according to a recent…
Strategic Planning in Healthcare – 12 Crucial Questions
Strategic planning in healthcare starts by measuring end goals against your current standing. It examines obstacles that sit between where your healthcare organization is and where it should be. When…
Assisted Living Feasibility Study – Part Three
You’re thinking of doing an assisted living feasibility study – it means that you’re preparing to undertake a major project with significant consequences. On the one hand, congratulations and on…
Assisted Living Market Study – Part Two
Assisted Living Market Study questions often asked . . . for today’s post, I’d like to cover a couple of questions which were not addressed in my prior blog: What…
Healthcare False Claims Act Penalties May Double
The Department of Justice has just released a proposed rule that would include a doubling of the Healthcare False Claims Act penalties. How worried should healthcare providers be? The Healthcare…
Assisted Living Market Study – What is it and why is it important?
We receive numerous inquiries for an assisted living market study. The majority come from individuals/organizations that are not familiar with what an assisted living market study exactly is, what it…
The Feasibility Study and Strategic Planning Process in Healthcare
A feasibility study in healthcare is part of a strategic plan designed to address a medical, acute, or long term care, in or outpatient service expansion or new development. The…
Skilled Nursing Facility Financing … the devil is in the details
In part one of my long term care financing post, I discussed types of loans, lenders, borrower qualifications and financing assistance. While the previous post was labeled with assisted living…