Hospital Feasibility Study, Ensuring Good Patient Load by R. Venkatanathan, Acme Consulting.

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A Hospital Feasibility Study is the best way to find out the sources of patient flow to the Hospital.

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Acme Consulting's Online Seminar Videos on everything you need to know before taking the very important step of setting up your hospital or explaining your existing one, converting an existing building structure.

Hospital Feasibility Studies presented by R Venkatanathan, Senior Manager, Acme Hospital Projects

I) Why a Feasibility Study?
1. To understand the Needs of the Community
2. Estimate the Patient Load the Hospital can attract
3. Establish the Viability of the planned Hospital
4. Design the Services and their Phase-wise Roll-Out
5. Prepare a Project Plan and Report for the Investors

II) How Feasibility Study done
1. Through Field Study – Primary Data
1. Interviewing the Key Stakeholders of your Project, the Doctors, Corporates in the Region, Patient Groups, Societies
2. Analyzing the Competition – other Hospitals Providing the Services
2. By Study of Secondary Data
1. Health Indicators, Demographics, Disease Trends, and Incidences from Govt Publications

III) The focus of the Feasibility Study
1. Evaluation of accessibility of the planned location
2. Demand and Supply Gap in the Catchment
3. Clearly understanding the Risk & Challenges to the Project & mitigation measures

IV) Some extracts from a Typical Market Feasibility Report

V) Key Survey Findings -
1. Specialties most needed in City
2 Major Procedures needed in City
3. Competitor Analysis: Quality Ratings of other Hospitals in the City
4. Surveyed Doctor’s Expectations from the New Facility
5. Top Specialties to focus on, ranked based on priority

VII) Roll Out Plan - Based on Feasibility Study

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