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Jennifer Raney Herriage

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Family Medicine Clinic Business Plan

March 3, 2023 By JamesCall Leave a Comment


Family Medicine Clinic Business Plan


Opportunity

Problem

It is obvious that rural areas lack access to medical services. This also applies to XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXV, where Park Square is located.

Solution

The mission of Park Square Family Medicine is to promote the health and well-being of the local population by providing accessible, high-quality medical care for people of all ages. Park Square Family Medicine will strive to provide services that exceed the expectations and make our business profitable.

Market

According to “Economic and Demographic Profile Report,” there’s a growing need for affordable healthcare in the nation and our region. Specifically, the local population (within 35 miles) is predicted to grow approximately 3.5% per year and has a population roughly around 160,000 people.

Competiton

Park Square Family Medicine falls under the umbrella of the larger medical industry. Private medical offices are small and often only one or two doctors. They can offer specialist or general services. These practices are well-suited for rural and semi-rural locations, which don’t often have enough people to support a larger hospital or medical group.

This town has five family physicians, and 160,000 potential patients within 35-miles. These favorable statistics are a great marketing tool because they offer a high patient-to doctor ratio.

Why Us

Park Square Family Medicine’s mission is to improve the health and well-being in the community by providing high-quality, accessible medical care for all ages. Park Square Family Medicine is dedicated to providing high-quality services that meet the needs of our patients. This will result in a profitable and successful business.

Expectations

Forecast

Our current forecast shows that we are not making realistic profits. Because we know that expenses will continue to rise, we keep it as is. They always do.

Financial Highlights by Year

Finance is required

A loan amounting to $288,000. The estimated $225,000 will be used to accumulate long-term assets. The rest will be used for startup expenses and physician expenses.


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Filed Under: Businnes Plan Tagged With: clinic, family, medicine

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“I have both bought and sold properties from Jennifer and I can highly recommend her without any reservation.  She is uniquely qualified due to her vast experience in not only the marketing of homes but also all aspects of ownership.  The result is a professional that adds value to the client beyond the associated cost of representation.” 
- Dean Lontos

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About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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