Exclusive
Workshop for Health Entrepreneurs and Hospital Administrators
Hyderabad
14th December, 2024
Session -1
Medical Practice in 2040 – Preparing for the Future
Time: 10:45 AM - 12:45 PM
Exploring New Frontiers in Medicine
Discover cutting-edge advancements reshaping healthcare, including AI, genomics, regenerative medicine, and robotics.
Building Your Unique Medical Niche
Strategies to identify and establish your expertise in specialized areas, setting you apart in a competitive landscape
Becoming a Global Health Entrepreneur
From local impact to global influence: Key steps for scaling healthcare innovations and services internationally.
Harnessing the Power of Medical Data
Unlock the value of patient and practice data for predictive analytics, personalized care, and improved outcomes.
Session -2
How to establish and run a successful Healthcare Facility
Session -2
Building and Scaling Your Dream Practice: Financial Strategies for Doctors
Time: 2:00 PM - 4:00 PM
Selecting the Right Facility
- Key factors to consider: location, size, and scalability
- Understanding hidden costs: legal, operational, and infrastructural
- Case study: Facility selection gone right (and wrong)
Greenfield vs. Acquisition
- Pros and cons of building a new facility versus acquiring an existing one
- Financial and operational considerations for each approach
- Steps to conduct due diligence before investment
Choosing the Right Partners
- What to look for in a business partner
- Aligning values and vision to ensure long-term collaboration
- Examples of successful partnerships in healthcare
Financial Fundamentals
- Revenue on paper vs. actual revenue: Bridging the gap
- Common missteps in calculating costs for procedures
- Components of hospital cost: CAPEX, OPEX, and ROI
- Annual cost calculation for a sustainable practice
Mastering Cash Flow and Profit Margins
- Cash flow management techniques for stability
- Pricing strategies to balance affordability and profitability
- Identifying and addressing revenue leakages
- Practical example: Cash flow projection for a procedure-based practice
Financial Metrics and KPIs
- Key performance indicators to monitor the financial health of a practice
- Tools and dashboards for effective tracking
- Practical case study: Using KPIs to identify and resolve practice inefficiencies
Building Resilience in Practice
- Planning for the unexpected: Loss of key staff and other challenges
- Developing robust packages for procedures: Cost, demand, and competition
- Role of soft skills in patient retention and team collaboration
Workshop Title : Healthcare Finance for Healthcare Professionals
Why Doctors Should Attend the Healthcare Finance Workshop ?
Running a healthcare venture—be it a hospital, clinic, wellness center, or diagnostic lab—requires more than medical expertise. Financial understanding is key to sustaining and growing these services.
This two-hour workshop, “Healthcare Finance for Hospital, Clinic, Wellness, Diagnostic Center Owners/Promoters/Founders,” is designed specifically to give healthcare professionals essential skills in finance and arithmetic that drive successful decision-making.
Workshop + Delegate Registration : ₹ 10,000
Early Bird Registration : ₹ 3,500
Bring a Pal to the Healthcare Summit!
Inclusive of Courseware along with a certificate signed by the coach. Take the next step toward ensuring your practice’s financial sustainability and business growth.
Supported by
G Vishwanand
CEO IMC Digital
Bhanu Kiran
Founder at SimplyExcel.in