• Develop business plans and feasibility Studies.
• Develop/review financial analysis and projections which consist of financial statements, balance sheets and cash flows.
• Determine the recommended scope of services including service lines, as well as research and educational components.
• Identify the human resources and related resources needed to develop and manage healthcare facilities.
• Conduct market analysis to review projects sustainability relative to the local population and anticipated business opportunities.
• Identify strategic partners (i.e., government entities, private employers and insurance companies) for the purpose of developing mutually beneficial contractual arrangements.
• Evaluate external sources to identify services that could potentially be provided (i.e., maintenance and security) and provide recommendations regarding the appropriate services to outsource and their financial impact.
• Review operational costs such as malpractice, insurance, utilities and salaries.
• Provide necessary recommendations regarding the appropriate investment in building, equipment, Health Information Technology and working capital needs.
• Conduct surveys and interview board members, community leaders and other key influential stakeholders who can play a positive role in the success of the project.
• Develop prospectus that hospital owners and board members can utilize during discussions with investors and bankers for financing purposes.