Feasibility Analysis
Defining the opportunity within your market and your organization is no easy
task. With changing regulations, reimbursements, and market competitors, it
takes both art and science to discern the most viable path. Fortunately, King’s
has developed the competency to evaluate the impact of each issue and expertise
to frame a solution that can achieve your organization’s goals. Each solution
must support your excellence in the “practice of medicine” while making sure
your “business of medicine” goals are met.
Five of King’s disciplines (or departments) collaborate to develop a preliminary feasibility analysis. Market Research identifies the total market volume, existing providers, respective market shares of those providers and the new service volume potential, and then predicts volumes for years one through five.
Legal Structure professionals propose what form the business will take, while carefully considering the laws that would govern the proposed business. King’s Financial Modeling and Financial Structure team will identify various options for ownership, shares, budgets, expenses, cash flows and revenues, as well as compliance factors that would impact the business financially. King’s Radiology Assessment team reviews factors identified by preliminary research regarding how the existing business is being managed, and the quality of services being provided to referring physicians.
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