Final Project – Business Plan Business planning is a mapping of your vision for the future of an organization. As a health care administrator, it is important that you are able to create an effective...

Running Head: BUSINESS PLAN        1
BUSINESS PLAN                                        16
BUSINESS PLAN FOR DIABETES TREATMENT CENTER (DTC)
Table of Contents
Executive summary    4
Program Overview    4
Location    4
Services    5
Other Professional Offerings    6
Staffing Needs    7
Operating model    7
Market Profile    9
Market overview    9
Demand forecasting    10
Financial analysis    10
Capital requirements    10
Reimbursement model    11
Cost per patient visit    11
Pro forma    12
Patient revenue    13
Operating expenses    13
Income from operations    13
Total expenses    14
Net cash flow    14
References    15
Executive summary
The cu
ent assignment generates a proper business plan for St. Anne Hospital, which is aiming to provide diabetes treatment and care to multicultural people in an area, where a considerable amount of people are below poverty line. In the first section of the business plan, the internal requirements of the hospital are discussed in details, followed by a detailed analysis of the traits of the hospital market, in which they were to conduct their business venture. In the third and the final part of the business plan, a balance sheet for the chosen organization is provided, which consists of a prospect of 5 years. The balance sheet provides details about expenditure, income and the gradual growth of monetary usage, which makes the business plan more practical.
Program Overview
Location
    The selection of a proper location determines the level access provided to people living near that place. Considering the initiative of providing care and education to diabetes patients, St. Anne hospital has chosen Austin Texas, USA as a suitable location. As supported by Waxin, Lindsay, Belkhodja and Zhao (2018), the selection of a location for medical service providing must be aligned with the health care needs of the place.
The geographical location of the selected place is easily accessible to Caucasians, African Americans, Hispanics and North African immigrants. The geographic position, as mentioned by Christerssona and Culleya (2018), is responsible for the development of connectivity and transport, leading to the catering of people from su
ounding places. Austin Texas is also suitable as a location for St. Anne Hospital and its initiatives as the people living in there has very limited knowledge of diabetes, leading to a sharp increase in the number of diabetic patients in recently (Texas Department of State Health Services, 2018).
    Austin Texas is a well-developed area, which has consistent power supply, sewage drainage system and most importantly public support, which makes the selection of the location apt and justified. However, Nieves-Chinchilla et al. (2018) argued that ample investment and quality of care do not get affected by the location, in which the medical facility is provided and therefore, consideration of the location is i
elevant. Despite the apparent authenticity of the claim, it cannot be said that location does not have its benefits or significance. As seen in the context of St. Anne Hospital, selection of place, where the local people do not suffer from diabetes would be a waste of initiative and resources, as people will not feel the need to learn about knowing diabetes health care.
Services
    It is evident that St. Anne hospital already has its own set of provided services. However, as seen in the case of the St. Anne Hospital, it is planning to provide health care for diabetes patients and well as provide knowledge to people, who seek to learn about diabetes, the range of existing services are not enough. St. Anne Hospital must include the services of multicultural origin based education care and diabetes treatment based staffs training services within its organizational framework.
According to Wang, Kung and Byrd (2018), when an organization deals in a multicultural context, the need for multicultural management becomes essential. As the chosen medical organization did not provide education to its care seekers in the past, it needs to develop a teaching service facility. In case of focusing on diabetes treatment, the chosen organization must develop a separate diabetic service facility, which will work separately from the existing range of medical care services provided by St. Anne Hospital.
Other Professional Offerings
    In order to meet the aim of providing quality care for diabetic patients and educate local care users about diabetes, St. Anne Hospital would need more than its existing care staffs that include general practitioners, nurses, midwives, ward boys, supporting staffs, administrative staffs and lastly the miscellaneous multitasking staffs. As mentioned by Keshet and Popper-Giveon (2018), offering medical care service for a particular health issue requires expert medical professionals that have ample knowledge in the context of dealing with patient suffering with the focuses disease.
    From the cu
ent care study of St. Anne Hospital, it becomes apparent that it has aimed to provide diabetes care. In order to make the diabetes care providing, effective, St. Anne Hospital management must include blood sample testing unit that would collect, analyze and produce the blood glucose levels reports. In order to offer the best care, as suggested by Alani, Ahmed, Majid and Ahmad (2018), diabetics care consultancy would also need to be provided. In order to provide diabetes educational care at St. Anne Hospital to the care...