What does a telemetry unit business plan need to include? The telemetry unit plan should detail as closely as possible the capital requirements for the build-out and expansion including, above all, an equipment list that reveals where those devices will come from and their costs. You should be able to identify the suppliers, the purpose of each unit, their expected lifecycle and depreciation rate, and so forth. The telemetry unit plan also needs to show the role of the unit as part of the larger hospital so that the board or investor can grasp the importance of its inclusion. To that end, some salient topics include:
• Who are the target patients that the unit can serve?
• Where are the closest hospitals that are similarly equipped?
• What staffing needs will the unit have?
• Can you supply medical industry stats or market data that supports the arguments you make in the plan?
The pro forma should be underpinned by assumptions wherever possible and, if being presented for funding or board approval, it should make some presentation of projected revenues weighed against the new expenses. Profit and loss tables liked to balance sheets, cash flow and sales statements, and other key tables are important to include. MasterPlans has worked on a variety of medical start-up business plans and on hospital master plan expansion documents. Our team of first-rate modelers and writers can deliver a draft in as little as 10 days. Call 877-453-2011 today to speak with a business development representative.
