Rural Urgent Care Centers Business Plan Template I. Executive Summary: Market Analysis: Discuss how economic principles presented throughout the...
- Rural Urgent Care Centers Business Plan Template
Executive Summary:
Market Analysis:
Discuss how economic principles presented throughout the course relate to investment in the Rural Urgent Care Center (RUC), including the following:
Macro- and microeconomic implications of market competition
ACO payment incentives to the organization
How the RUC impacts economic efficiency
Financial Analysis:
Capital Requirements
To estimate the total funds required for launch prior to commencement of operations, RUC has developed the following assessment of anticipated expenses related to the building of a single urgent care facility with 3,260 sq. ft. of usable space and 4,175 gross sq. ft.
Capital Requirements RUC Site
| Total Construction Cost | $ |
| Contingencies, | $ |
| Total Project Costs | $ |
Reimbursement Model
The RUC will charge a flat per-visit fee of $262, based on similar current hospital ED visit charges. This averages the costs of Level 1–Level 3 visits, with expected fee growth of 5%. The reimbursement would remain consistent with similar visits at the Emergency Department, thus local payers should be willing to accommodate the fee.
Break-Even Analysis for RUC
| Revenue per Case | |
| Cost per Case | |
| Contribution Margin | |
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| Direct Costs | |
| Indirect Costs | |
| Total Costs | |
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| Break-Even Quantity (Visits) |
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Cost per Patient Visit
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| Cost per Patient Visit |
| RUC | $ |
Pro Forma
A Pro Forma has been generated for each RUC based on proposed Phase I operating hours (both revenue and expenses will change significantly for additional phases).
RUC Pro Forma
| RUC | NET CASH FLOW ANALYSIS | ||||
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| Line Item | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
| Patient Revenue |
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| Gross Revenue | |||||
| Government Grant | |||||
| Net Operating Revenue1 | |||||
| Operating Expense | |||||
| Salaries and Benefits | |||||
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| Variable Care Related Expenses | |||||
| Other Non-Personnel Costs | |||||
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| Occupancy Costs | |||||
| Repairs & Maintenance | |||||
| Housekeeping | |||||
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| Communications | |||||
| Miscellaneous | |||||
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| Direct Operating Expense2 | |||||
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| Income from Operations3 | |||||
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| Indirect Expense4 | |||||
| Total Expense5 | |||||
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| Net Cash Flow6 | |||||
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