This week you will begin working on creating a Business Plan for a new health care...

This week you will begin working on creating a Business Plan for a new health care organization. Please read the requirements of this discussion board carefully as it varies from our usual format. Page 292 of the eText explains that the following items are addressed in the Services section of a business plan: Specific services that are provided by the organization Why these services are different and/or special that those provided by other organizations Any required work experience or degrees for each of the positions Any regulatory requirements (e.g., licenses or accreditation) For your original post, please provide a clear and comprehensive description of your new health care business, including an explanation of each of the items listed above.

Expert Solution

a business plan describes a company's products or services it's market and introduces the management team and key employees and their designation.it also discuss the competitive situation and what efforts and funding are needed to bring products or service to market.

Executive summary :- this section contains most important information about the company.to ensure that it includes necessary information, the executive summary should be written last and it used in company's marketing programs.

products and services:-this is where the reader learn in some detail about the product or services that the company is offeringa health care business would describe it's service in this section -outlining the kind of care it provides to patients at home or hospital ,how it interacts with the patient's doctor and the qualifications of its personal.manufacturer of medical equipment would place images and product description in this section.

Regulatory:- in medical sector there are lots of regulatory requirements wich need to be fulfilled to survive for long term in the market .for that company should have separate department in it's business plan about the regulatory environments in which it's operates.A health care organizations would discuss it's relationship to state health care authority and any other regulatory.

Legal:-this section is where the company should describe any pertinent legal matters.if for example the company is a medical equipment manufacturer and it or any of it's principal holds patents that apply to the business, those patents should be described in this section.if the company is a party to any material litigation it should be disclosed in this section.

Financial:-this section normally contains historical and current financial information as well as projection for the next tgree to five years.the extent of the financial information depends on the type of company and it's purpose in writing the plan. a hospital group seeking long -term municipal financing for new hospital for example would need to present extensive financial information to city officials its bankers and stakeholders

Management:-this section which normally appears at last should contains biographicalsummaries of the company management team, it's employees , it's directors .it should also include it's leading scientific and technical staff members in this section .the biography summaries should describe the person's business background ,education and responsibility in the company.

jeff jeffy answered 2 years ago

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