MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
  • MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT
Originally published: 11/01/2019 11:45
Last version published: 22/05/2020 10:04
Publication number: ELQ-94619-19
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MEDICAL PRACTICE BUSINESS PLAN Financial Model Excel Template - SALE - 30% DISCOUNT

Starting a Medical Practice? That's where Medical PracticeBusiness Plan Financial Model Template comes to get you there.

Description
If you ever thought about how to start a medical practice at least once in your life, then you came to the address. After all, diseases haunt people everywhere. Ecology of a big city, poor nutrition, sedentary work, or vice versa, excessive physical activity, fatigue, stress make us almost defenseless against diseases.

With the help of a qualified specialist, modern materials, and equipment, it is possible to carry out treatment of varying complexity. Demand for medical services will always be present in the market since almost every person at least once in his life seeks medical services. In this regard, the services of doctors have been and remain in demand, despite the high industry competition.

But the launch of any enterprise is impossible without a clear developed concept and financial model. The business plan contains all required reports that tell how to value a medical practice. We are ready to offer you a high-quality Pro-forma model, designed for five years, with a detailed sample of a medical practice budget spreadsheet.

Why do you need this? It is worthwhile to understand that a detailed medical practice business plan will help to check profitability and valuation, plan annual incomes and predict expenses, investments, assess the needs and salaries of employees, and more.

Of course, it will not be easy to cope with such a difficult task alone. But even if you do not have a medical education, but got excellent organizational and entrepreneurial abilities, you can quickly solve administrative problems, then using our medical practice business plan, you can easily succeed.

Medical Practice Financial Plan Template Will Help You

- Simulate area population and its growth over 5 years
- Set percentage of the suffering of disease people
- Plan count of visits for each treatment kind per year
- Define patients count as a share of disease people
- Price each treatment kind individually
- Outline visits seasonality
- Calculate break-even point and return on investment
- Use 161 Currencies for inputs and outputs
- Plot your Startup Loans repayments
- Create flexible, 5-year Expense Assumption Plan

Benefits of using a Medical Practice Financial Plan Excel Template

Works for startups
Creates a financial summary formatted for your pitch deck

Convenient, All-In-One Dashboard
Includes all required forecasting reports, including assumptions, profit and loss accounts (income statements), cash flow projections & statements, balance sheets, performance reviews, and summaries for months and years (incl. numerous graphs and KPIs).

Service Area Population-based
Most likely your clinic will provide services for a specific area. So, why don't you use the population number living there in your forecast? Input population starting point and assume for population growth for the next 5 years.
This is your target market to deliver your treatments.

Treatments & Patients
I bet you have more than one treatment...the template will help you organize up to 5 diseases to analyze which treatments will you provide and the percentage of your population needs this kind of Treatment.
This way you estimate how many people in your service market suffer from a disease from your list.

Visits count
Most diseases are chronic therefore you have may assume for repeat visit over the year for the average patient. Entre average visits per patient per year here to count overall visits for a specific treatment kind.
Finally, by entering a price per visit, you will get a revenue forecast.

Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time.

Update anytime
You can easily adjust inputs at the launch stage and throughout the further activities of your store to refine your forecast.

Confidence in the future
Using our financial model, you can effectively plan, prevent risks, manage stocks and cash flows and foresee your prospects for the next 5 years.

Medical Practice Financial Plan Template Reports

Save time and money
Via business plan for catering you can without effort and special education get all the necessary calculations and you will not need to spend money on expensive financial consultants. Your task is building a strategy, evolution, and creativity, and we have already done the routine calculations instead of you.

Pre-built Integrated Financial Statement Structure
all of the core financial statements (Balance sheet, income statement, cash flow and statement of shareholder’s capital) are precisely defined and connected with the inputs

Break-Even Analysis
5-year break-even analysis clearly presented with a chart and numeric

Capitalization table
Shareholder’s ownership dilution is calculated here. This tab consists of 4 rounds of financing

Operational performance graphs
Here you may visually track your key performance indicators in the form of charts.

Industry benchmarks
comparison of performance indicators in the model and in the industry.

Financial performance KPIs
here is where you can track your core financial performance indicators in the form of charts.

Top Expenses
This tab displays your 4 biggest expense categories and the rest of the expenses as the “other”.

Loan Amortization Schedule
You can find this in the “Capital” tab, where you can see internal calculations of the loans, interest, and equity.

Valuation Report
with just a few rate inputs in the Cost of Capital, we have a Discounted Cash Flow valuation calculated

Cash Burn Report
having all the inputs in the cash flow statement, it is a benefit to have the cash burn rate calculated

Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time."

SETTING UP PURPOSES AND FORMING A PLAN

Key questions/purposes which will be answered with the help of the Medical Practice financial model Excel template are as follows:

- to understand, whether the business idea is profitable;
- to calculate overall costs of specialized Medical Practice launch;
- to calculate expenses on salaries and wages of Medical Practice workers;
- to calculate expenses on equipment, suppliers, management, education, and advertising;
- to estimate costs of debt and time needed to loan back;
- to calculate an average number of visits within a certain area (population);
- to estimate prices for each procedure;
- to find the main hospital/clinic financial performance indicators;
- to craft an effective strategy for business development.

The model consists of:

- 5-year comprehensive financial projection
- Dashboard with core inputs and core outputs
- Patient base forecast
- Revenue model based on visits
- Flexible visit Pricing by years
- Variable and Fixed expenses assumptions
- Wages and staff strength assumptions
- CAPEX additions and depreciation model
- CapTable & Debt Financing and repayment schedule
- Income Statement, Balance Sheet, and Cashflow (direct & indirect) for 5 years
- Valuation of Company – DCF


BENEFITS OF USING BUDGET FORECASTING IN HEALTHCARE

First and foremost, we did not hard-code any assumptions. It is very helpful both for the client and financial modeler, as all the variables could be edited directly on the dashboard or at the expense/wages sections. Thanks to it, we could test different alternatives and make any edits literally on the fly.

Besides it, the action period of the model is editable, just like the currency.

Last but not least, the hospital/clinic valuation model considered the cost and the period of debt to estimate the time needed to meet acquisition costs. As result, the user received a maximally accurate financial statement summary. Thus, our hospital/clinic financial metrics are flexible and editable, which provided the user with great user experience and confidence in the profitability of the business idea.




• About us

Do you need a cash flow projection for your business? Or are you looking for an ideal template to prepare your cash flow statement? Whether you are an intending business owner or you have started your business, we are here to simplify your financial recording.

Welcome to Finmodelslab!

• Who we are

We are a financial modeling company set up for small and large business owners. We specialize in financial modeling and dashboards. Our model comes in varying styles. Most times we create a customized projection to meet the specific needs of our customer's business.

Believe us when we say our financial designs are simply unique and efficient.

• Our Promise

Finmodelslab promises to make it easy for people to keep up with cash flow statements and cash flow projections with its efficient and simple designs. Ultimately, we simplify your financial recording process.

With unique and creative designs, Finmodelslab promises to help every business owner to maximize their profit and keep good records of their cash flow. We also provide step by step guide on how to use any templates purchased from us.


Let’s help you take your business to a new height of profitability

• Who We Serve

Cash flow projection helps one to preempt potential business shortfalls. Therefore, we are here to provide cash flow dashboards to help you keep track of your business. Take a look at our financial models and dashboards collection, and you would be convinced about our quality.

Welcome once again to your unique financial model store. Welcome to Finmodelslab!

- Henry Sheykin

This Best Practice includes
1 Medical Practice Business Plan Financial Model Excel Template version + How To Methodology

Acquire business license for $99.00

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Further information

The purpose of the healthcare medical practice financial model is to provide the user with a useful tool to craft an effective strategy for business development and understand, whether the business idea is profitable or not.

The main purposes of the Medical Practice financial model:

- to calculate overall costs of specialized medical practice launch;

- to calculate expenses on salaries and wages of medical practice workers;

- to calculate expenses on equipment, suppliers, management, education, and advertising;

- to estimate costs of debt and time needed to loan back;

- to calculate an average number of visits within a certain area (population);

- to estimate prices for each procedure;

- to find the main hospital/clinic financial performance indicators;

- to craft an effective strategy for business development.

It is a generic template so the user will need to tailor the expense assumptions and revenue inputs to their own needs

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