Writing a Business Plan for an Urgent Care Center

 

Urgent care facilities have spiked in popularity over the past 10 years as more and more people want to be quickly seen by a doctor without having to go to an emergency room. Additionally, many health insurance providers as well as publicly funded hosted systems prefer that patients go to urgent care facilities rather than to an emergency room when the issue is not life critical. The cost associated with going to an urgent care facility are typically substantially less than those of a trip to the ER. Over the past 14 years, Deutsch and Thomas has worked extensively with physicians as well as entrepreneurs there seeking to establish their own urgent care centers. We are familiar with all the different services that are provided by these entities, and the ways they are compensated in the form of physical patient co-pays, reimbursement from private health insurance companies, as well as funding from publicly funded health systems. We are familiar with all the underlying expenses that are common to these types of companies. One of the key things that we focus on when developing a business plan for an urgent care center is the economic stability of these businesses as people will always require their services in any economic climate.

 

Deutsch and Thomas always provides its clients with a full five-year financial model that features a profit and loss statement, common size income statement, cash analysis, balance sheet, breakeven analysis, and all applicable business metrics. We always provide all the relevant industry research specific to the urgent care facility industry, a local and regional market analysis, competitive analysis, as well as expansive demographic profile regarding the population within your market. We also included full-scale marketing and advertising plan that discusses both traditional and online forms of marketing so that people can quickly reach your facility in the event of a medical emergency. We also discuss all the different types of staff that will be employed including physicians, physicians assistants, nurses, nurse practitioners, medical assistants, and administrative personnel. All the work we do is specific to the needs of each of our clients, and we can work very closely with you to develop a business plan that is completely specific to your needs and your urgent care facility.

 

If you're interested in having a professionally written business plan, please feel free to contact us anytime at 646-216-9844 or through the contact us form on this website. We look forward to working with you!

 

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