Feasibility Study - Understanding Your Market - Starting at $7,500
A feasibility study, in all business, allows you to see what success in a given space will require. This is where you flush out ideas and roadblocks to your success. Our treatment consultants will outline, at a high level, what is needed to be successful and what to watch for when opening a rehab center.
Most people that enter this space with no experience feel as though they have a good grasp on what is needed. However, this is where we see the most costly mistakes get made. Our feasibility study includes the following:
Market Overview and Current Conditions
National Trends in Facility Operation
Facility Ownership
Primary Focus of Facility
Level of Care Provided
Regional Trends in Facility Operation
National Admission Trends
State licensing and zoning requirements
Licensing
Zoning
Recommendations
Target Client & Program Content
Common Ancillary Services
Payer Sources & Price Point
Commercial Insurance
Physical Plant and Property
Marketing
Digital
Traditional
Staffing
EHR/Practice Management Software
Project Timeline
Summary and Conclusions
What to get correct from the start
Existential risks
What can you do to ensure a steady generation of revenue/patient census?
Our rehab consultants have over 20 years of real world experience as Executive Directors at various treatment centers around the country. This allows them to know the pitfalls that can pull your center down and what is truly valued at the end of the day.
