Smart Hospital Excel Financial Model
Our Smart Hospital Excel Financial Model is designed to help you make informed principal business and financial decisions bases on accurate reporting. This Financial Model Excel Template contains all relevant statements.
The medical services industry is quite vulnerable. However, considering all the possible risks in advance, you can reduce or manage your business risk. The main thing is to design and use a good business finance plan that may build a client’s trust in your clinic. We believe your business may need an accurate financial projection for a successful run. Therefore, Oak Business Consultant presents you with the Smart Hospital Financial Model excel template which helps you to analyze your financial viability.
This versatile Smart Hospital Financial Model Excel Template, designed and developed by the professionals, will assist you in computing the startup summary, 60 months detailed monthly and yearly profit and loss statement, major expenses, and KPI to measure business performance. A Smart hospital Financial Model will also enable you to estimate the cost of the procedure, employee’s salaries, needs for certain services, etc. The non-complex design and structure of this model will help the medical staff and manager to determine ROI and practice inefficiencies. Moreover, the Smart Hospital Financial Model excel template automatically recalculates all the values when you make changes in the input sheet.
- Advertising Budget – Input is linked to Sales, the more you spend on the advertisement the more sales you generate.
- No.of User
- No. of User Transaction per month
- Average Transaction revenue price
- commission on revenue per transaction
- The average revenue per subscriber
- The average no of advertisement per month
- Average price per scan
- Tax Rate
- Groth rate
Key Features of Smart Hospital Excel Financial Model
This model excel template contains inputs that, when changed, impact the calculations and, therefore, the changes are applied to all relevant sheets. Since our financial model always has built-in flexibility, it displays different outcomes or final calculations based on changing a few key inputs.
Since the table allows the user to calculate startup business costs for the first year, the initial investment amount required from the investors or a bank loan is easily understandable.
Monthly & Yearly Income Statement
The monthly Income Statement sheet for Smart Hospital Excel Financial Model is perfect for those who require regular reporting and details. Additionally, Income Statement contains all revenue streamlines with gross earnings, net earnings linked with revenue analysis to ensure accurate reporting. We understand the goal of every medical practice business, is to make a profit for that there must be a mechanism that helps the business owners to determine whether they are making profits or otherwise.
Furthermore, the Yearly Income Statement gives you complete insights into revenue and general & administrative expenses. The Yearly Income Statement also contains several graphs, assumptions, ratios, margins, net profit, earnings, cost of services, and profit after tax.
Since the statement provides the user with a complete overview, it also includes the current 5- year’s projection of your Assets and Liabilities and Equity Accounts.
We prepared receivable and payable days to help users accurately predict cash activities, including free cash flow to the firm. For customers’ ease, these receivable and payable days are set as Input so that the customer can change anytime he wants. The Cash flow analysis contains all relevant inputs that are linked with investment, finance, and operations.
The Scenario Analysis has used to measures the effect of the unpredictability of one or more independent variables, which drive uncertainties to the dependant variables. This analysis helps to improve the prediction of the model or reduces it by acknowledging the variable phenomenon and understand the relationship between input parameters and outputs.
Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLV) are two essential metrics for any company. CAC is the amount a company spends to convert any lead into a customer. In contrast, CLV is the income a company expects to generate from its customer over the life of the service provided. A customer might mean different depending upon the nature of any business. The ratio of CLV to CAC is an extremely important KPI that should be tracked by a company. By using this template, You can formulate a simple Customer Lifetime Value model for your company.
Project Evaluation And Break-Even Analysis
Since the table calculates Return on Investment, Investor’s Future Equity Share and Cash Burn Rate Analysis. Therefore, analyzing the performance of the company becomes easy. This Sheet also contains a Break-Even Analysis which will help you to know at a glance. The Break-Even Analysis refers to the point where your total sales contribution refers to fixed cost at zero profit and loss situation. This Technique primarily based on marginal costing which behaves differently at a variety of levels of output activity.
Users and readers respond and process visual graphs better than data. Furthermore, charts visually track profitability, revenue, cash flow, and several other financial metrics.
Reasons to use Smart Hospital Excel Financial Model
The Model Can Convince Investors
The presentation of models is its key factor to attract different investors. Hence, this model uses a graphical representation of your business. In order to make it tranquil for anyone to evaluate the data. Moreover, graphs, charts, and other diagnostic tools sheets are also added. These tell the investor about the current status of a company in a single line.
Ease of Use
Moreover, many models on the internet are available. But most are complex and a user with no finance knowledge will find it difficult to use. Since the Template we built is highly dynamic and user friendly. Therefore, you do not need to read long boring manuals or instructions to use the template.
Great Value for Money
In addition, this Financial Model Excel template contains every statement, analysis, and charts. Hence, Its best suited for start-ups and SMEs. Furthermore, we have included everything from inputs to balance sheets to diagnostic tools. Therefore, making the model of great value for money.