Medical Practice Business Plan Financial Model Excel Template
The Medical Clinic Business Plan will help know how to open a Healthcare Clinic, forecast and evaluate revenue and expenses, considering more factors than before
Medical Practice Financial Model Highlights
Five-year Medical Practice financial model Excel template for calculating how to open a medical clinic: check profitability, plan yearly revenues and forecast multiple expenses, investment, estimating needs for certain services, costs of procedures, salaries of employees, and so on. This template is very flexible because there is a Seasonality Setup tab for more clear planning and forecasting, and this template. Medical Practice Business Plan is more simple with the tables, charts, reports, and financial summaries. Equipped with detailed video instruction and helpful How to sections. Used by business owners, founders, and investors. Available for editing and use in Excel or Google Sheets. Compatible with Mac and Windows.
Healthcare clinic premium financial model Excel template helps to create a more clear business plan, to develop several scenarios, and to build a successful strategy. You can check profitability, plan yearly revenues and forecast multiple expenses, investments, to estimate needs for certain services, costs of procedures, salaries of employees, and so on.
- Designed for easy building business plan considering main internal and external factors, including seasonality features.
- You can forecast all expenses and evaluate your earnings.
- Informative reports of the business clinic demonstrate the results of your activity.
- Interactive dashboard gives an opportunity to plan the number of visits and prices of each procedure, the price per visit.
- You can enter currency, margins and debt assumptions, discover costs of debt and time needed to loan payback.
- This healthcare clinic premium financial model allows you to demonstrate summaries, financial charts and key reports open for editing, saving in PDF, printing and use in presentations.
Made for investors, founders, managers — CEO, CFO, COO, VP of Finance — or financial consultants and advisors that want to calculate exact revenue and expenses forecasts for business clinic with the healthcare clinic financial model.
Easy to use
Explicit and thorough tables and charts tested by experienced businessmen and designed for various periods and healthcare clinic sizes.
Unlocked for editing. Detailed formatting and color scheme instructions are given. Used in Microsoft Excel or Google Sheets. Add and calculate your own figures.
All-day available personal support: online and on the phone services along with an instruction video for comfortable use. Built by professional financial modelers and businessmen.
Finmodelslab team did a great job building a quite complex, but easy to use, SaaS Financial Model for one of our USA based SaaS companies. Generally speaking, I recommend Finmodelslab highly.”
– John Howell, Software and technology investor
of this model type from 2017 to today.
97% of users
say Finmodelslab models will help them accomplish their goals.
2 hours or less
is how long it takes to build a complete model, on average.
Why do you need a Medical Clinic business plan?
- You can calculate all expenses, estimate needs for certain services, the costs of all procedures, and so on.
- This hospital model template is a detailed guide on business plan preparation for a healthcare clinic
- Medical Clinic Financial Model will help the business clinics to create main reports with the help of charts, graphs, presentations.
With the help of the Medical Clinic financial model, you’ll be ready to:
- You’ll know which season is more profitable and plan a business more clearly.
- You will be ready to demonstrate to investors or lenders a realistic clinic business plan with main financial information.
- You’ll evaluate the main financial indicators for hospitals and can estimate future business income.
Healthcare Clinic Financial Model:
Features And Metrics from the revenue model to financials
In particular, it focuses on such critically important aspects as the following:
MEDICAL CLINIC BUSINESS PLAN FINANCIAL & OPERATIONAL METRICS
This tab demonstrates your clinic's business financial and operational metrics both in a long-term and short-term perspective.
Medical Practice Business Plan Reports
Reports are designed to present data in the form of tables and charts. Thus, the Healthcare Hospital Business Model templates show more details about the financial state of your startup and help promotes a better understanding of how to open a business clinic
MEDICAL PRACTICE BUSINESS PLAN DASHBOARD WITH CORE FINANCIAL METRICS
MEDICAL PRACTICE BUSINESS PLAN DASHBOARD GRAPHS
Healthcare Medical Clinic financial model has an interactive Dashboard with core inputs and main financial graphs like Profitability, Revenue Breakdown, Cash Flow.
MEDICAL CLINIC BUSINESS PLAN FINANCIAL AND OPERATIONAL GRAPHS
MEDICAL CLINIC BUSINESS PLAN FINANCIAL MODEL OPERATIONAL METRICS
With the help of this tab, you’ll be informed about expenditures required for the day-to-day functioning of the business clinic and how much revenue as well as operational expenses generates per worker and revenue by the patient.
HEALTHCARE BUSINESS PLAN FINANCIAL METRICS
Financial metrics show your financial health as well as an accurate prediction of future performance. So, you can evaluate such metrics as Revenue breakdown, operating cash flow, Cash Balance, EBITDA
MEDICAL PRACTICE BUSINESS PLAN FINANCIAL SUMMARY: INCOME STATEMENT, CASH FLOW, AND BALANCE SHEET
HOSPITAL BUSINESS MODEL BUSINESS PLAN FINANCIAL SUMMARY
This tab can help in decision making, to analyze a business financial statements, and to calculate a number of financial ratios with the data they contain to identify the company’s financial strengths and weaknesses and determine whether the company is a good investment/credit risk.
HEALTHCARE CLINIC MODEL TOP REVENUE AND TOP EXPENSES REPORTS
HEALTHCARE CLINIC FINANCIAL MODEL TOP REVENUES
Top Revenue Depth demonstrates for you the main information of your Medical Clinic and you can choose a period to look and to analyze the results of healthcare activity of the particular period.
MEDICAL PRACTICE BUSINESS PLAN FINANCIAL MODEL TOP EXPENSES
This tab of Medical Practice Business Plan templates regards your spending and divides into 4 groups: total salary and wages, placeholder 2, placeholder 3 and tax expenses. Everything else can be found in the Other section.
HEALTHCARE MEDICAL CLINIC FINANCIAL MODEL VALUATION AND BREAK EVEN LEVEL REPORT
HOSPITAL BUSINESS MODEL BUSINESS PLAN BREAK-EVEN ANALYSIS
The break-even analysis helps to evaluate the effectiveness of your business decisions. You can evaluate the change in profits if the price of a product is altered or the number of losses that could be sustained if there is a sales downturn. This analysis helps to determine a point when the business will be profitable.
HOSPITAL BUSINESS MODEL BUSINESS PLAN VALUATION
The business valuation is needed to have an up-to-date cost of healthcare clinic and to have an opportunity to successfully sell it if you needed.
Medical Practice Business Plan Template inputs and assumptions
To make a model alive you should use yellow cells to input assumptions.
HEALTHCARE CLINIC REVENUE AND SEASONALITY INPUTS
HOSPITAL BUSINESS MODEL BUSINESS PLAN DASHBOARD
This tab includes core inputs. In the Dashboard, you can type your own characteristics of the would-be income of your healthcare clinic.
MEDICAL PRACTICE BUSINESS PLAN BUSINESS PLAN DASHBOARD REVENUE INPUTS
At the dashboard, you may find the Patient base assumptions section. Change the Treatment, %, to define Hospital’s Addressable Market Population. After, Change Patients, % which leads the percent that center will capture annually. Changing this will affect the number of potential patients in your clinic. Finally, — define Annual Visits for each treatment. — set the Price per visit by year. Now, you may check the very first output you get after your changes.
MEDICAL PRACTICE BUSINESS PLAN POPULATION INPUTS
At the Revenue tab, you may find the Starting Population and Patient Growth Rate. Change yellow cells for each year to see the impact on the Planned Population at the end of the year.
MEDICAL CLINIC BUSINESS PLAN SEASONALITY ASSUMPTIONS
Seasonality tab demonstrates the most profitable season and allows you to plan your business more clearly. The annual revenue estimated based on the average expected number of annual visits and the price of each procedure. Certain procedures are more popular in different seasons than the other — in this tab, you can estimate the average price for each procedure per one patient visit.
HEALTHCARE BUDGET EXPENSES AND WAGES INPUTS
HEALTHCARE CLINIC FINANCIAL MODEL WAGES INPUTS
This tab helps to generate the staff plan and calculate the wages and salaries expenses. The wages tab contains the placeholder list. A placeholder can be a person, or position, or group of people. Each row specifies their hire and fire dates, annual salary and Full-Time Equivalent count. Besides, there are also annual salary raises, monthly bonuses, and tax rates. The wages tab easily allows you to calculate the expenses for the salaries of your personnel.
HEALTHCARE CLINIC FIXED EXPENSES INPUTS
In this tab, you can calculate hospital fixed costs: rent, advertising, medical director fee and other. These costs remain invariable regardless of the number of produced services or rendered procedures.
HEALTHCARE CLINIC VARIABLE EXPENSES INPUTS
This tab shows expenses, that can change depending on as % of Total Revenue.
MEDICAL PRACTICE BUSINESS PLAN CAPEX INPUTS
MEDICAL PRACTICE BUSINESS PLAN CAPEX ASSUMPTIONS & ASSETS
This tab demonstrates the money which will be used to purchase, improve or upgrade fixed assets, rather than used to cover the business’s day-to-day operating expenses. Capex is an important component in the determination of free cash flows in your business.
MEDICAL PRACTICE BUSINESS PLAN DEBT AND CAPITAL INPUTS
HEALTHCARE CLINIC FINANCIAL MODEL DEBT & CAPITAL AND INVENTORY ASSUMPTIONS
If your clinic business needs a loan or attracting some capital investment you can easy to calculate and evaluate the debt obligation and will know how to involve the investments and how to open your own clinic.