Ideal Health Clinic LLC | Application Preview
Ideal Health Clinic LLC, based in Indianapolis, is seeking government grants to support its growth and service expansion. The funding will be allocated as follows: $3,000 for credentialing, $10,000 for medical and office equipment, $13,000 for lease costs, $7,000 for medical supplies, $5,000 for insurance, $48,000 for payroll, $10,000 for advertising, $2,000 for medical software, and $6,000 for miscellaneous expenses.
Over the next five years, the clinic plans to enhance its services to include workers' compensation, on-site x-ray, and telehealth options. To achieve this, they intend to hire additional staff and invest in advertising to increase their visibility and patient reach.
The clinic, run by experienced nurse practitioner Schani Manungo, aims to provide high-quality, affordable healthcare for patients aged three months and above. It addresses a critical need for same-day or next-day appointments, filling a gap left by the shortage of primary care providers. The research underscores a growing demand for accessible healthcare, especially as more Americans gain access through healthcare reform.
Competitors include Franciscan ExpressCare, MedCheck, and Minute Clinic, all of which are affiliated with larger healthcare systems and experience issues like understaffing and high employee turnover. In contrast, Ideal Health Clinic is independent, allowing for greater flexibility in patient referrals and reduced overhead costs.
The clinic's unique selling points include personalized care, transparency in treatment plans, thorough patient education, and a patient portal to streamline administrative processes. By restricting complaints to two per visit and allowing for appointment scheduling online, they aim to minimize waiting times and enhance the overall patient experience. This patient-centered approach, combined with competitive pricing and a skilled and friendly team, positions Ideal Health Clinic favorably against its competitors.
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General Information
Business Registration Number: 88-4202900
Location: Indianapolis, IN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Credentialing-$3000 Medical and office equipments-$10,000 Lease-$13,000 Medical supplies-$7000 Insurance-$5000 Payroll for medical assistance-$48,000 Advertising-$10,000 Medical software-$2000 Miscellaneous-$6000
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Business Plan
Within the next five years I plan to offer more services, these include but not limited to workman’s compensation, on-site x-ray and telehealth services. In order to provide these services however, I will need to hire at least one more provider and two more medical assistants. I will also need to expand my social media advertising, increase my SEO rankings and add television and billboard advertising. Ideal Health Clinic LLC, an Indianapolis-based healthcare startup, offers evolutionary, convenient care. This new business enterprise is owned and operated by seasoned nurse practitioner, Schani Manungo. The clinic provides superior healthcare experience at budget-friendly rates. Our services are available to patients who are three months or older. Further, the clinic provides acute care such as treatment of upper respiratory infections, skin rashes, STD testing, urinary tract infections, minor procedures such as laceration repairs and abscess draining, physicals, drug screens, and vaccinations to name a few. Our research indicates that a significant number of patients are unable to obtain same-day or next-day appointments with their primary care physicians or simply do not have one. As a result, we consider our services to be absolutely essential. Our market analysis also indicate that the vast growth of Americans covered through healthcare reform gives rise to a greater demand for quick, easy and convenient healthcare access. With the current shortages of primary care providers an increasing number of Americans are seeking care from convenient care clinics to bridge the gap. Though I have never wished illness on anyone, it is inevitable and Ideal health Clinic will be in a unique position to provide quality care while seeing profitable growth.
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Self Identified Competition
Franciscan expresscare, MedCheck and Minute Clinic will be my top three competitors. Both Franciscan expresscare and MedCheck are associated with major hospital system. Minute Clinic is associated with CVS pharmacy. From personal experience with working at two of the three, they do have their weaknesses. Of the the weakness shared by all is the persistent understaffing which leads to employee burnout which in turns lead to high turnover rates. Ideal Health Clinic will be a unique and convenient healthcare clinic that will not be associated with any major healthcare system. However, it will have strong competitive edges. The provider and sole proprietor has over ten years of experience working in retail health and urgent care. She is highly proficient in treating common acute illnesses and performing the required procedures often seen in an urgent care setting. These include, but not limited to laceration repairs, nail removal, incision and drainage. Patients and their families will always be aware of their treatment plans and follow-up care. Should there be a need for further evaluation of our patients, our knowledgeable and experienced provider will refer them to the right specialist or to the emergency room. Patients will be properly educated on the myriad of specialties available at their disposal whether it be those who practice independently or those associated with major healthcare networks. We will even take the step further to assist our patients with scheduling if the need arises. Not being a part of a major healthcare system eliminates the restrictions of only referring patients within a certain network. This gives the patients the opportunity to have wider access to specialist care. Furthermore, we will not have to contend with a large overhead cost which enables us to be a more cost-effective option than our competitors. At Ideal health we strive to provide the highest quality of care at an affordable rate, making us more financially suited for individuals seeking the healthcare services that we offer. One of the most frustrating experiences for any patient is the long waiting period they experience at healthcare facilities. At Ideal Health Clinic, our goal is to curtail or eliminate this issue. To achieve this, the number of complaints will be restricted to two per visit. We will also have a patient portal where patients can complete much of the paperwork before entering the clinic. This will significantly decrease the amount of time spent on clerical tasks and more time spent with the provider. Patients will be able to schedule their appointments from our website and we will ensure to adhere to the schedule. Individuals without appointments will also be attended to. However, they will be given a precise wait time and hence they can decide whether it works for them or if they need to make an appointment for a future visit. The patient portal will be interactive and cloud base where a member of the team can communicate with patients from anywhere. Ideal health clinics will be set apart from the rest. Our affordable rates, highly experienced and friendly staff, high quality service and inclusiveness will give us an advantage over our competitors.
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