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Primary Care And Business Business Plan

¶ … Quality Care Clinic (QCC) will aid in meeting current health needs, improving access to care, and providing high quality patient-centered care for citizens in Carson City. QCC will offer efficient, safe, effective, timely, and unbiased primary care to patients from birth to end of life. The NPs of QCC have experience in primary care and emergency room settings and will offer increased patient satisfaction due to open communication, skills in interviewing, therapeutic listening, and counseling. QCC will lease an estimated 1300 square feet of commercial real estate. Direct competitors for similar services are 10 primary care clinics and 40 physician offices. Indirect competitor is one emergency department at the local hospital. The fundamental key to success for QCC is cultivating knowledge for the public on services offered and effectively managing reimbursement for staff and NPs. Statement of Funding Summary

To begin, the first year's costs is projected to be $125,000. The clinic owner will invest 20% of the initial startup expenses ($25,000) and requires a loan for $100,000 at 8% interest to be repaid over ten years. The sum of $125,000 will cover lease hold improvements, startup inventory, aggressive marketing plan, and operational costs. The projected spending monthly is $10.416.

The $125,000 will cover rent as well...

Yearly gross may reach upwards of $200,000, $300,000, and $350,000 with annual net profits of $12,000, $60,000, and $75,000 for years 1, 2, and 3 respectively. Estimation of cash flows remaining negative will be until year 3 with breakeven achieve in year 1 with some profits ($12,000).
Description of Business

Services

The NPs will offer exams, diagnosing, screening, managing, treating patients with chronic or accurate illnesses. Other services include patient education, physician referral, disease prevention, and health promotion. Opportunities for expansion include physical therapy, mental health services, and rehabilitation/laboratory.

Ownership

This business is sole proprietorship but can be turned into a Corporations and Limited Liability Company.

Employee structure and expenses

It costs an estimate $1 or less for an NP to perform a service. Since this primary care clinic will be headed by nurse practitioners, $60/hour is the expected rate for NPs.

Nursing Assistants will be paid $12/hour up to $20/hour depending on additional education.

Supplies include:

1. Autoclave

2. AED (automated external defibrillator)

3. Audiometer/Tympanometer

4. Basic diagnostic (blood pressure monitor, thermometer, pulse oximeter, etc.)

5. Blood Draw, Exam Room, Office and Waiting Room furniture

6. Body weight scales

7. Break room appliances (microwave, toaster,…

Sources used in this document:
References

CME,. (2015). A Quick Check-List of Medical Equipment Items for Your Primary Care Practice. Blog.claflinequip.com. Retrieved 28 October 2016, from http://blog.claflinequip.com/a-quick-check-list-of-medical-equipment-items-for-your-primary-care-practice

Hibbard, J. & Greene, J. (2013). What The Evidence Shows About Patient Activation: Better Health Outcomes And Care Experiences; Fewer Data On Costs. Health Affairs, 32(2), 207-214. http://dx.doi.org/10.1377/hlthaff.2012.1061
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