Writing a Business Plan for a Medical Transportation Company

 

Medical transportation and ambulance service companies are always able to produce highly predictable streams of revenue on a daily basis. Over the past 14 years, we have developed a number of business plans for these companies including emergency ambulance services, nonemergency medical transport businesses, and specialized transportation companies that cater to the needs of people that use wheelchairs and other devices. We are familiar with all operating aspects of these businesses including reimbursement schedules from publicly funded healthcare system such as Medicare and Medicaid when these entities provide reimbursement for these types of services. As with all plans we develop, Deutsch and Thomas provides its clients with a five-year focused business plan that features a profit and loss statement, common size income statement, cash analysis, balance sheet, breakeven analysis, and all applicable business metrics. As many nonemergency medical transport businesses as well as ambulance companies are finance with bank capital and lease financing – we focus significantly on the collateral that is acquired using the funds on the business plan.

 

In fact, we are able to actually provide our clients with two copies of the plan – one that is appropriate for an investor and one that is appropriate for a bank. This allows our clients to keep all their financing options open to them. In each plan that we complete, we also include all of the applicable industry research specific for the medical transportation industry while concurrently showcasing how the economy is doing as a whole. A full-scale marketing and advertising plan is also included in order to ensure that the business can develop ongoing relationships with assisted-living facilities, nursing homes, and other entities that frequently have patients that require medical transportation. We also discuss how these businesses develop relationships with municipal agencies as relates to 911 call centers.

 

If you're interested in having Deutsch and Thomas develop a professionally written business plan for your medical transportation business, please feel free to contact us anytime at 646-216-9844 or through the contact us form on this website. 

 

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