Financial Management

Prepare a business plan for a 200 bed startup acute care hospital in McAllen, Texas

Please view the business plan attached, all that is missing is a financial part. So follow the finacial instructions attached as well to generate the financial part of the business plan

Financial Instruction

Projections

1)Provide financial projections that match the practices strategies for the future.
2)Provide projections on increased services.
3)Describe the current and future sources of referrals. Describe the stability and dependability of these sources.
4)Detail assumptions for cost and revenue.

Historical

1.Provide historical financial statements. Include the balance sheet, income statement and statement of cash flows for the past 3-5 years.
2.Provide monthly profit and loss statements for the past two years.
3.Provide per service financial statements.
4.Calculate break-even utilization and financial ratios. Compare to industry standards.

a.Debt Service Coverage
b.Times Interest Earned
c.Utilization Ratios

-Inpatient
-Outpatient
-By Type of Service

Capitalization

1.Provide information on the capitalization of the practice.
2.Describe current financing and maturity.
3.Describe bank relationships.

Description of Financing

1.Proposed Financing
2.Use of Proceeds
3.Ownership

Risk Factors

1.Market and other uncertainties
2.Key personnel.

Attachment:- Business_Plan.rar