In a presentation on Sunday, imaging executive Lisa Brockett walked AHRA attendees through the steps involved in creating a successful business plan.
Dear AuntMinnie Member,
Financing an imaging center startup can be daunting for even the most experienced imaging entrepreneur. A comprehensive business plan is the key ingredient for successful financing, according to a presentation at this week's American Healthcare Radiology Administrators meeting in Boston.
In a presentation on Sunday, imaging executive Lisa Brockett walked AHRA attendees through the steps involved in creating a successful business plan. AuntMinnie staff writer Jonathan S. Batchelor was on hand to report on her talk for our Imaging Center Digital Community.
Attention to detail is essential, Brockett advised. Lenders have specific criteria they want to see before funding a new venture, such as an analysis of the market opportunity in the center's catchment area. Entrepreneurs should also provide details on the principals involved in the venture, information on payors and reimbursement per modality, and an estimate of equipment and operating costs.
Learn about the rest of Brockett's advice in our Imaging Center Digital Community, at centers.auntminnie.com. And be sure to return to the community throughout the week for the rest of our coverage from the AHRA meeting.