Strategy
Soyring Consulting can successfully address the goals of your healthcare organization, either department-specific or system-wide, by identifying opportunities and making recommendations that will aid in short-, mid-, and long-term strategic planning. Our experienced consultants will evaluate current operational situations and, along with comprehensive market research and analysis, identify and develop effective and successful strategies to better position your healthcare facility in the marketplace. We tailor our services to meet the needs of your facility, project objectives, and timeline.
By partnering with Soyring Consulting, we can develop strategic action plans that will:
- Identify problems and needs
- Set and define goals
- Build support to aid in achieving each goal
Feasibility Study
During the strategic development process, Soyring Consulting will aid your healthcare organization in developing an approach to provide a strategic advantage. An analysis of your healthcare organization's Strengths, Weaknesses, potential Opportunities, and potential Threats (SWOT) will be broken down into our four step process analyzing:
- Start-up costs
- Construction and facility expenses
- Recruitment and training
- Branding and marketing development
- Equipment and supply expenses
- Ongoing expenses
- Labor/training
- Equipment maintenance
- Strategic growth initiatives
- Utilities (water, sewage, waste removal)
- Building maintenance
- Security
- Government fees/taxes
- Supplies
- Insurance
- Potential market value
- Customer breakdown
- Assessments by disease state
- Payor/payee system examination
- Competitive analysis
- In-depth Market Analysis & Planning
- Comparative analysis
- Evaluation of costs, expenses and potential market value
- Determination of feasibility and SWOT
Our consultants will establish strategies for success that can be supported, implemented, and sustained through market research and analysis of demographic data and growth/volume projections.
Proforma
Based on our feasibility study (SWOT and demographic analysis), Soyring can create a proforma for your organization. The financial analysis will include:
- Proforma summary
- Projected patient visit volumes by strategic option
- Gross and net patient charge calculations
- Patient care costs
- Detail of other expenses
- Proposed staffing
- Building, equipment, other capital costs summary
- Financial impact on the facility
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Building a new facility or department? Check out Hospital Development, Design, and Planning for a look at our client-focused, three phase approach to facility construction.
Already have your facility up and running? Take a look at Marketing Analysis and Planning to learn how we can give your healthcare organization an edge in the marketplace.