Healthcare Management Consultancy
From a growing and aging population, rising healthcare costs and demand for treatment, to a shortage of medical professionals and lack of quality standards, the global healthcare industry is grappling with numerous challenges which are creating high demand for healthcare organization worldwide.
As part of an effort to tackle some of these issues, the Global healthcare model is striving to shift towards a more collaborative approach. Governments and private sectors across the globe are exploring Public-Private Partnerships (PPP) to better share the cost of healthcare while attracting greater participation from the private sector to raise the overall standard of healthcare service provision.
Moreover, the regional healthcare insurance mandate is poised to provide greater healthcare access to consumers, which in turn will test the capacity of the healthcare providers to cope with rising demand for quality healthcare services. Given the complexity of the challenges confronting the industry, healthcare providers, regulators, suppliers and payers would do well to develop creative market strategies, streamline their operations, and identify new avenues for growing revenue and cutting costs.
Dr Prem provides healthcare management consultancy services and training that help clients tackle their business challenges, and take advantage of the emerging shifts in the regional and global healthcare space.
HEALTHCARE MARKET RESEARCH
Dr Prem helps clients develop a deep understanding of their customers, competitors and market trends. We utilize a variety of qualitative and quantitative tools and methodologies to provide clients with actionable insights that enable them to effectively tackle key business issues.
Scope of Services includes:
- Customer Perception and Attitude Surveys
- New Product or Service Concept Testing
- Target Market Due Diligence
- Market Sizing
- Competitive Analyses
- Segmentation Studies
- Customer Loyalty and Retention Measurement Studies
FEASIBILITY AND BUSINESS PLANNING
Dr Prem helps clients assess the viability of new venture and expansion initiatives by conducting a comprehensive feasibility and business planning exercise. We analyze market trends and drivers, customer patterns, help develop the business model, recommend the optimal operating structure and marketing strategy in line with strategic goals, and outline a financial forecast along with relevant profitability implications.
Scope of Services includes:
- Market Overview
- Target Market Selection
- Business Model
- Product or Service Definition
- Target Customer Segmentation
- Revenue Streams Build-Out
- Operating Model Configuration
- Resource Needs Identification
- Strategic Market Planning
- Sales and Distribution Strategy
- Capital Needs Assessment
- Financial Model Development
- ROI and Profitability Analysis
HEALTH CHECK ASSESSMENT FOR HEALTHCARE ORGANIZATIONS
Dr Prem provides a business health check assessment that is designed to help clients analyze their underlying fundamental business issues. Leveraging a holistic approach, we review key areas of the business across strategic, operational and financial domains. Our assessment outlines problems impacting the health of the business and actionable initiatives that will effectively address such challenges.
Scope of Services includes:
Strategic Review
- Mission and Vision
- Target Market Focus
- Service/Product Mix
- Strategic Marketing Plan
Operational Assessment
- Customer Services
- Supply Chain Process
- Revenue Generation
- IT Systems
- Facilities
- Staffing
- Operational Indicators
Financial Review
- Revenue Cycle
- Financial Forecasting and Budgeting
- Investment Planning
- Financial Performance Indicators
Quality Assessment
- Indicators and Programs
PARTNER DUE DILIGENCE
Dr Prem helps clients connect with potential business partners. We have an extensive regional network of relationships across the broader public and private healthcare space, allowing us to identify potential business partners that may align with client needs. We conduct due diligence on potential partners, help structure potential partnership models, and can assist with commercial negotiations as well.
Scope of Services includes:
- Potential Partner Identification
- Joint Venture Candidates
- Investors
- Distributors
- Strategic Alliances
- Background Due-Diligence
- Client-Partner Dialogue Facilitation
- Partnership Model Development
- Deal Negotiation Support
HEALTHCARE INFORMATION TECHNOLOGY AND TELEMEDICINE
The Information Technology and Telemedicine consulting services include the assessment of the Information technology & telemedicine needs of the facility and deployment of the right solutions. Dr Prem assist in formulation of requirement specifications for software, hardware and networking and selection and procurement of the software.
Telemedicine is not a technology or a process in itself, but encompasses all methods that bridge the geographical limitations and facilitate the provision of health services from a distance. With the help of telemedicine, accurate clinical information can be made available to the patient as well as the patient’s care providers, family and friends on-demand, and also during and after the treatments are performed. Thus, telemedicine increases healthcare access for all, irrespective of the geographical location.
Dr Prem provides startegic advise on telemedicine in a view that the facility is equipped with the latest technologies with an eye on the future.
STRATEGIC HEALTHCARE CONSULTANCY
Dr Prem provides strategic consultancy and training to review existing structure, systems, channels and operations of healthcare organizations with the objective of improving, enhancing and fostering their performance.
Dr Prem specialized in
- Quality structure analysis and clinical outcome development
- Review of target market analysis and akignment of services
- Competition Management and critical development
- Revenue and cost managment
- Effective utilization of Human resources and successful retention.
- Infrastructure development and healthcare expansion planning