Business Plan for a Varicose Vein Center, Columbia Hospital for Women Medical Center.
Final rept. Jul 95-Apr 96,
COLUMBIA HOSPITAL FOR WOMEN MEDICAL CENTER WASHINGTON DC
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This paper discusses the feasibility of instituting a Varicose Vein Treatment Center at Columbia Hospital for Women Medical Center CHWMC. It includes a brief description of the workload and financial trends experienced by CHWMC from Fiscal Years 1991 to 1995 to explain why this particular service was considered. Health Care Administration literature was reviewed to determine the options available to hospitals to increase revenues and financial performance. The reasoning behind choosing a sclerotherapy clinic was discussed. The bulk of the paper discusses the assumptions made in creating this proposal. The Varicose Vein Centers feasibility was considered in light of logistic concerns at CHWMC to include staffing issues, competition in the area, pricing, third party payor considerations, market analysis and advertising and also presents Pro Forma financial plans for the proposed clinic. Given the findings from the above analysis, it was determined that the Varicose Vein Center would be a relatively low risk, very profitable venture for CHWMC to initiate.
- Economics and Cost Analysis
- Medicine and Medical Research