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Orthopedic Clinic Business Plan [Sample Template]

Are you about starting an orthopedic clinic? If YES, here is a complete sample orthopedic clinic business plan template & feasibility report you can use for FREE.

Okay, so we have considered all the requirements for starting an orthopedic clinic. We also took it further by analyzing and drafting a sample orthopedic clinic marketing plan template backed up by actionable guerrilla marketing ideas for orthopedic clinics. So let’s proceed to the business planning section.

One of the specialty hospital related businesses that a medical personal, especially someone who specializes in orthopedic could possibly and comfortably start in the united states of America is an orthopedic hospital.

The fact that accidents do occur and bones get dislocated or fractured makes those who are operating orthopedic hospitals to continue to be in business. Just like any business in the healthcare industry, orthopedic hospitals are highly regulated, so if you decide to start your own orthopedic hospital, then you should be ready to abide by the rules and regulations governing the industry.

It is important to note that healthcare related businesses require that you first look at the existing laws in the country or the state you reside before starting your own business. This is because healthcare related businesses are usually highly regulated so as to guard against the infiltration of quacks or substandard medical facilities.

So, if you have interest in starting your own orthopedic hospital, then you would need to pay a visit to the health and medical regulatory body in your country to get all the needed information before you can legally start your own.

You also have to ensure that you carry out thorough feasibility studies and market survey. This will enable you locate the business in a good location and then hit the ground running. Business plan is yet another very important business document that you should not take for granted when launching your own orthopedic hospital business.

Below is a sample orthopedic hospital business plan template that can help you to successfully write your own with little or no difficulty.

A Sample Orthopedic Hospital Business Plan Template

1. Industry Overview

Orthopedic hospitals fall under the Specialty Hospitals Industry and this industry includes companies that provide treatment for bone related accidents, diagnostic and medical treatment to inpatients with a specific type of disease or medical condition.

Specialty hospitals include hospitals that primarily provide long-term care for the chronically ill and those that offer rehabilitation, restorative and adjunctive services to physically challenged or disabled people.

In contrast to traditional healthcare facilities, orthopedic hospitals provide specialized care to patients in both large-scale, well-known establishments and small, local clinics. Over the five years to 2018, revenue for this industry has increased in line with an aging population and rising healthcare coverage.

The Specialty Hospitals Industry is a well – established industry in the United States, Canada, and Australia; orthopedic hospitals work hand in hand with other manual – therapy related professions such as massage therapy, osteopathy, and physical therapy et al.

The Specialty Hospitals industry that orthopedic hospitals is a part of is indeed a very massive industry in the U.S. Statistics has it that The Specialty Hospitals industry in the United States of America is worth $52 billion, with an estimated growth rate of 3.6 percent.

There are about 1,003 registered and licensed specialty hospitals in the United States and they are responsible for employing about 304,779 people that comprises of orthopedic surgeons and other health and non – health workers.

If you are considering starting your own orthopedic hospital in the United States, then you should try and work around industry barriers.

The truth is that the barriers to entry in the Specialty Hospitals industry are high because of the significant regulatory requirements and the experience and strength of incumbents. For example, medical licensure creates a barrier to entry in the healthcare sector.

It is absolutely compulsory for any investor who is looking towards starting an orthopedic hospital to meet extensive federal, state and local laws and regulations. These regulations relate to the adequacy of medical care, equipment, personnel, operating policies and procedures.

Regulations also involve maintaining adequate records, preventing fires, setting rates and complying with building codes and environmental protection laws. These regulations make it difficult and costly for aspiring entrepreneurs to enter the industry.

This line of business is not going into extinction anytime soon and no matter the location you choose to locate your orthopedic hospital, with the right facility and publicity, you are sure not going to lack patients with bone related accidents.

2. Executive Summary

Bones Care® Orthopedic Hospital, Inc. is a standard, licensed and government approved specialist hospital cum orthopedic hospital that will be located in the heart of Broughton Street, Savannah, Ga.– United States of America. We have been able to acquire a standard corner – piece facility that is quite suitable for the kind of business we want to operate.

This is an ideal location because this Southern coastal city that is famous for its public squares and parks, has one of the most vibrant downtowns in the nation.

Bones Care® Orthopedic Hospital, Inc. is in the specialty hospital industry to provide diagnostic and treatment of bone related accidents. We are well trained and equipped to service the market segments that require the services we will be offering.

We are in the orthopedic hospital line of business to deliver excellent bone care cum healthcare services to all those who will patronize our orthopedic hospital.

We will also ensure that in the line of carrying out our duty, we comply with the laws and health regulations in Florida and The United States of America. Our employees are well trained and qualified to handle the wide range of healthcare services.

Bones Care® Orthopedic Hospital, Inc. will operate 24 hours 7 days a week service; our hospital facility will be opened round the clock to attend to patients. We have a standard medical call center that is manned by trained health workers. Our employees are going to be well trained to operate within the framework of our organization and also to meet the needs of all our customers.

Bones Care® Orthopedic Hospital, Inc. will ensure that all our patients are given first class treatment whenever they have cause to come to our hospital facility. We have a CRM software that will enable us manage a one on one relationship with our customers no matter how large they are.

Bones Care® Orthopedic Hospital, Inc. is a family business that is owned and managed by Dr. Sean Wilberforce – Cater and his immediate family members.

Dr. Sean Wilberforce – Cater is going to be the Medical Director (Chief Executive Officer) of the orthopedic hospital. He is a qualified and well trained Orthopedic Surgeon with well over 25 years of experience working as a specialist orthopedic surgeon in the private sector and with the United States’ government.

3. Our Products and Services

Bones Care® Orthopedic Hospital, Inc. is in the orthopedic hospital line of business to ensure that our patients are well taken care of and our services will be carried out by highly trained surgeons, nurses, nurse’s aides, chiropractors, medication management counselors, physio-therapists and other health and non – health workers.

These are the healthcare services that Bones Care® Orthopedic Hospital, Inc. will be offering;

  • Inpatient bone and nerve care
  • Outpatient bone and nerve care
  • Diagnostic X-ray services
  • Clinical laboratory services
  • Operating room services
  • Personal Injury Case Management

4. Our Mission and Vision Statement

  • Our vision is to become the number one choice when it comes to providing diagnostic and treatment to bone related accidents in the whole of Georgia and also to be among the top 20 orthopedic hospitals in the United States of America.
  • Bones Care® Orthopedic Hospital, Inc. is in business is to establish an orthopedic hospital that will take care of both the rich and the poor as long as they can afford our services. We want to become one of the leaders in the specialist hospital industry in Georgia and in the United States of America.

Our Business Structure

Bones Care® Orthopedic Hospital, Inc. will be built on a solid foundation. From the outset, we have decided to recruit only qualified professionals (orthopedic doctors and surgeons, nurses, nurse’s aides, chiropractors, medication management counselors, physio – therapists and other health and non – health workers) to man various job positions in our organization.

We are quite aware of the rules and regulations governing the orthopedic hospital industry which is why we decided to recruit only qualified employees. We hope to leverage on their expertise to build our orthopedic hospital business to be well accepted in Savannah – Georgia.

When hiring, we will look out for applicants that are not just qualified and experienced, but who are honest and are ready to help us build a prosperous business.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of ten years or more. These are the positions that will be available at Bones Care® Orthopedic Hospital, Inc.;

  • Chief Medical Director/Chief Executive Officer
  • Orthopedic Doctor/Surgeon
  • Pharmacist
  • Physiotherapists/Nurses/Nurse’s Aides
  • Information Technologist (Contract)
  • Admin and Human Resources Manager
  • Sales and Marketing Executive
  • Accountant/Cashier
  • Customer Care Executive
  • Cleaners

5. Job Roles and Responsibilities

Chief Medical Director/Chief Executive Officer:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results and developing incentives.
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • In charge of fixing prices and signing business deals
  • Accountable for providing direction for the business
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization
  • Reports to the board

Orthopedic Doctors/Surgeon

  • Provides treatment of bone related accident, diagnostic and medical treatment to inpatients with a specific type of bone disease or medical condition
  • Together with other professionals carry out orthopedic surgeries on patients
  • Offer occupational, physical, and bone therapy
  • Responsible for handling bone related medical emergencies.

Pharmacist:

  • Responsible for managing the daily activities in the dispensary
  • Responsible for processing prescriptions and dispensing medication
  • Responsible for ordering, selling and controlling medicines and other stock

Nurses/Nurse’s Aides

  • Responsible for managing our patients
  • Handles personal injury case management
  • Responsible for offering medication management services
  • Assists the orthopedic doctors and surgeons in treating patients and carrying out surgeries

Sales and Marketing Manager

  • Manages external research and coordinate all the internal sources of information
  • Models demographic information and analyze the volumes of transactional data generated by customer
  • Responsible for handling business research, market surveys and feasibility studies for clients
  • Develops, executes and evaluates new plans for expanding sales
  • Creates new markets cum businesses for the organization
  • Empowers and motivates the sales team to meet and surpass agreed targets

Accountant/Cashier:

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the organization
  • Serves as internal auditor for the organization.

Client Service Executive

  • Welcomes clients and potential clients by greeting them in person or on the telephone; answering or directing inquiries.
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s services
  • Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries

Cleaners:

  • Responsible for washing and ironing bedsheets and clothes
  • Responsible for cleaning the wards and hospital facility at all times
  • Ensures that toiletries and supplies don’t run out of stock
  • Handles any other duty as assigned by the admin and HR manager.

6. SWOT Analysis

Bones Care® Orthopedic Hospital, Inc. is set to become one of the leading orthopedic hospitals in the whole of Georgia which is why we are willing to take our time to cross every ‘Ts’ and dot every ‘Is’ as it relates to our business. We want our orthopedic hospital to be the number one choice of all residents of Savannah and other cities in Georgia.

We know that if we are going to achieve the goals that we have set for our business, then we must ensure that we build our business on a solid foundation.

Even though our Chief Medical Director (owner) has robust experience in the orthopedic industry, we still went ahead to hire the services of business consultants that are specialized in setting up new businesses to help our organization conduct detailed SWOT analysis.

This is the summary of the SWOT analysis that was conducted for Bones Care® Orthopedic Hospital, Inc.;

  • Strength:

Our strength lies in the fact that we have a team of well qualified bone related healthcare professionals manning various job positions in our orthopedic hospital. As a matter of fact, they are some of the best hands in the whole of Savannah – Georgia.

Our location, the Business model we will be operating, our multiple payment options, well equipped medical call center, ambulance services and our excellent customer service culture will definitely be part of what will make us stand tall amongst our competitors.

  • Weakness:

Perhaps our perceived weakness lies in the fact that we are just starting out and we may not have the required finance to attract topflight orthopedic surgeons and doctors and also the finance needed to acquire some of the latest medical and surgical equipment et al.

  • Opportunities:

The opportunities that are available to orthopedic hospitals are unlimited considering the fact that there are fewer privately run specialist cum orthopedic hospitals in Savannah – Georgia and we are going to position our hospital to make the best out of the opportunities that will be available to us here.

  • Threat:

One of the major threats we are likely going to face is the presence of well – established orthopedic hospitals and of course other players in the Hospital and Healthcare industry in our target market location that also treat bone related ailments. Some other threats that we are likely going to face when we start our orthopedic hospital are mature markets, stiff competition, volatile costs, and rising medical care prices.

7. MARKET ANALYSIS

  • Market Trends

The specialist hospital industry is indeed a thriving and dynamic industry; with the aid of technology, it is becoming easier to treat, manage and cure some bone and nerve related ailments that before now are not easy to handle.

The specialist hospital industry has recently begun consolidating, largely due to the pressures of healthcare reform. The truth is that the demand for specialist healthcare services has steadily grown over the last five years, as healthcare reform legislation broadened insurance coverage and plummeting unemployment rate increased disposable income.

As an investor in the specialist hospital industry cum orthopedic hospital, in order to maintain an advantaged position in this competitive industry, you should source for the most skilled and specialized orthopedic medical professionals.

One thing about this industry is that labor costs is on the high side. However, orthopedic hospitals have also faced nurse and physician shortages and have struggled to recruit qualified personnel. Industry profitability has generally risen over the past five years due to increase in service prices. No doubt the specialist hospital industry cum orthopedic hospital line of business will continue to grow and become more profitable because the aging baby-boomer generation in Unites States are expected to drive demand for bone and nerve related healthcare services.

8. Our Target Market

Bones Care® Orthopedic Hospital, Inc. is in business to service a wide range of customers in and around Savannah – Georgia. We will ensure that we target both self – pay customers (who do not have health insurance cover), and those who have health insurance cover.

The fact that we are going to open our doors to a wide range of customers does not in any way stop us from abiding by the rules and regulations governing the specialist hospital industry in the United States. Our staff are well – trained to effectively service our customers and give them value for their monies.

Our customers can be categorized into the following;

  • The whole residents within the area where our orthopedic hospital is located
  • Injured Sports Men and Women
  • Corporate organizations such as banks, insurance companies, manufacturing companies, oil and gas companies et al
  • Schools
  • Health Management Organizations (HMOs)

Our Competitive Advantage

Aside from the competition that exist amongst various orthopedic hospitals, they also compete against other healthcare service providers such as general hospitals, teaching hospitals, health centers and standard hospitals that also provide treatment for bone and nerve related ailments and accidents.

To be highly competitive in the orthopedic hospital line of business means that you should be able to deliver consistent quality service and should be able to meet the expectations of your patients at all time.

Our hospital facility is well positioned (centrally positioned) and visible, we have enough parking space with good security. Our staff are well groomed in all aspect of healthcare service delivery and all our employees are trained to provide customized customer service to all our patients. Our services will be carried out by highly trained professionals who know what it takes to give our highly esteemed customers value for their money.

We are going to be one of the few orthopedic hospitals in the whole of Savannah – Georgia that will run a standard medical call center for 24 hours a day and 7 days a week. We have enough trained health workers that are ready to run a shift system.

Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Bones Care® Orthopedic Hospital, Inc. will ensure that we do all we can to maximize the business by generating income from every legal means within the scope of our industry. Below are the sources we intend exploring to generate income for Bones Care® Orthopedic Hospital, Inc.;

  • Inpatient bone and nerve care
  • Outpatient bone and nerve care
  • Diagnostic X-ray services
  • Clinical laboratory services
  • Operating room services
  • Personal Injury Case Management

10. Sales Forecast

It is important to state that our sales forecast is based on the data gathered during our feasibility studies, market survey and also some of the assumptions readily available on the field.

We have been able to critically examine the orthopedic hospital market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Savannah – Georgia.

Below is the sales projection for Bones Care® Orthopedic Hospital, Inc. it is based on the location of our orthopedic hospital and of course the wide range of our services and target market.

  • First Year: $75,000 (From Self – Pay Clients / Patients): $150,000 (From Health Insurance Companies)
  • Second Year: $150,000 (From Self – Pay Clients / Patients): $350,000 (From Health Insurance Companies)
  • Third Year: $200,000 (From Self – Pay Clients / Patients): $650,000 (From Health Insurance Companies)

Marketing Strategy and Sales Strategy

The marketing and sales strategy adopted by Bones Care® Orthopedic Hospital, Inc. will be based on generating long-term personalized relationships with customers. In order to achieve that, we will ensure that we offer top notch bone and nerve related healthcare services at affordable prices.

All our employees will be well trained and equipped to provide excellent bone and nerve related healthcare services. We know that if we are consistent with offering high quality service, we will increase the number of our customers by more than 20 percent for the first year and then more than 45 percent subsequently.

Before choosing a location for our orthopedic hospital, we conducted a thorough market survey and feasibility studies in order for us to penetrate the available market and become the preferred choice for residents of Savannah – Georgia, United States of America. We have detailed information and data that we were able to utilize to structure our business to attract the number of customers we want to attract per time.

We hired experts who have good understanding of the specialist hospital industry cum orthopedic hospital line of business to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Savannah – Georgia.

In summary, Bones Care® Orthopedic Hospital, Inc. Services will adopt the following sales and marketing approach to win customers over;

  • Introduce our orthopedic hospital and the services we offer by sending introductory letters to residents, health management organizations, medical insurance companies, sports clubs, business owners and corporate organizations
  • Advertise our orthopedic hospital in community based newspapers, local TV and local radio stations
  • List our orthopedic hospital on yellow pages ads (local directories)
  • Leverage on the internet to promote our orthopedic hospital
  • Engage in direct marketing
  • Leverage on word of mouth marketing (referrals)
  • Enter into business partnership with health management organizations, sports clubs, government agencies and health insurance companies.
  • Attend healthcare related exhibitions/expos with the aim of networking and marketing our orthopedic hospital business.

11. Publicity and Advertising Strategy

Bones Care® Orthopedic Hospital, Inc. is in the orthopedic hospital line of business to become one of the market leaders and also to maximize profits hence we are going to explore all available means to promote our hospital.

Bones Care® Orthopedic Hospital, Inc. has a long – term plan of opening orthopedic hospitals in key cities in and around Georgia which is why we will deliberately build our brand in Savannah – Georgia before venturing out. Here are the platforms we intend leveraging on to promote and advertise Bones Care® Orthopedic Hospital, Inc.;

  • Place adverts on both print (community based newspapers and health magazines) and electronic media platforms
  • Sponsor relevant community health programs
  • Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our brand
  • Install our billboards in strategic locations all around Savannah – Georgia.
  • Distribute our fliers and handbills in target areas
  • Ensure that all our workers wear our branded shirts and all our vehicles and ambulances are branded with our company’s logo.

12. Our Pricing Strategy

Bones Care® Orthopedic Hospital, Inc. will work towards ensuring that all our services are offered at highly competitive prices compare to what is obtainable in the United States of America.

Orthopedic hospitals and healthcare service providers usually leverage on the fact that a good number of their clients do not pay the service charge from their pockets; private insurance companies, Medicare and Medicaid are responsible for the payment. In view of that, it is easier for orthopedic hospitals and healthcare service providers to bill their clients based in their discretion.

However, in some cases orthopedic hospitals and healthcare service providers also adopt the hourly billing cum per visit billing method. For example, it is easier and preferable for orthopedic hospitals to bill personal bone injury case management services by the hour of treatment required as against a fixed price.

  • Payment Options

The payment policy adopted by Bones Care® Orthopedic Hospital, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Bones Care® Orthopedic Hospital, Inc. will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via credit cards
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for services rendered.

13. Startup Expenditure (Budget)

If you are looking towards starting an orthopedic hospital, then you should ensure that you raise enough capital to cover some of the basic expenditure that you are going to incur. The truth is that starting this type of business does not come cheap.

You would need money to secure a standard orthopedic facility, you will need money to acquire orthopedic related medical equipment and supply and you would need money to pay your workforce and pay bills for a while until the revenue you generate from the business becomes enough to pay them. Again, it is expensive to acquire a standard ambulance.

The items listed below are the basics that we would need when starting our orthopedic hospital in the United States, although costs might vary slightly;

  • The total fee for registering the Business in the United States – $750.
  • Legal expenses for obtaining licenses and permits – $1,500.
  • Marketing promotion expenses for the grand opening of Bones Care® Orthopedic Hospital, Inc. in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of – $3,580.
  • The cost for hiring Business Consultant – $2,500.
  • The total cost for computer software (Accounting Software, Payroll Software, CRM Software, Microsoft Office, QuickBooks Pro, drug interaction software, Physician Desk Reference software) – $7,000
  • Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $3,400.
  • The total cost for payment of rent for 12 months at $1.76 per square feet in the total amount of – $85,800.
  • The total cost for hospital remodeling (construction of racks and shelves) – $50,000.
  • Other start-up expenses including stationery ($500) and phone and utility deposits – ($2,500).
  • Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $500,000
  • The cost for Start-up inventory (stocking with a wide range of products) – $150,000
  • Storage hardware (bins, rack, shelves,) – $10,720
  • The total cost for Nurse and Drugs Supplies – $3,000
  • The total cost for orthopedic related medical equipment – $300,000
  • The cost of purchase of ambulance and other vehicles – $100,000
  • The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, tables and chairs et al) – $4,000.
  • The cost of launching a website – $700
  • Miscellaneous – $10,000

We would need an estimate of $1.2M to successfully set up our orthopedic hospital in Savannah – Georgia.

Generating Startup Capital for Bones Care® Orthopedic Hospital, Inc.

Bones Care® Orthopedic Hospital, Inc. is a private business that will be owned and managed by Dr. Sean Wilberforce – Cater and his immediate family members. They are the financiers of the business, but may likely welcome partners later which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

These are the areas we intend generating our startup capital;

  • Generate part of the startup capital from personal savings
  • Source for soft loans from family members and friends
  • Apply for loan from the bank

N.B: We have been able to generate about $500,000 (Personal savings $300,000 and soft loan from family members $200,000) and we are at the final stages of obtaining a loan facility of $700,000 from our bank. All the papers and document have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business (orthopedic hospital), then it won’t be too long before the business closes shop.

One of our major goals of starting Bones Care® Orthopedic Hospital, Inc. is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to offer our bone and nerve related healthcare services (treatments) a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Bones Care® Orthopedic Hospital, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our organizations’ corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Registration: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Securing Point of Sales (POS) Machines: Completed
  • Opening Mobile Money Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Leasing of facility and remodeling the facility: In Progress
  • Conducting Feasibility Studies: Completed
  • Generating capital from family members: Completed
  • Applications for loan from the bank: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents and other relevant Legal Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Printing of Promotional Materials: In Progress
  • Recruitment of employees: In Progress
  • Purchase of Orthopedic Related Medical Equipment and Ambulances et al: In Progress
  • Purchase of the needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business both online and around the community: In Progress
  • Health and Safety and Fire Safety Arrangement (License): Secured
  • Compilation of our list of products that will be available in our pharmacy store: Completed
  • Establishing business relationship with Private medical insurance companies, Medicare and Medicaid, vendors (wholesale pharmaceutical companies): In Progress.