Market & Financial Feasibility
Two vital steps for proposed and existing facilities.
"Their demographic analysis is the best I've ever seen; others take a whack at it, but never come close to AdCare."
Former Hospital CEO
Health Care Consultant
Market Feasibility Determines Potential
Access to the best possible information can mean the difference between a thriving community and a half-filled facility. One of AdCare’s valuable services includes a Preliminary Demographic Analysis which provides the client with a quick and economical analysis of the market potential of a project. Should the initial indication for a project be positive, we assist you in working with firms that specialize in full market feasibility studies for senior housing projects.
Financial Feasibility
Once market potential has been determined, a thorough appraisal of a project's financial viability is critical. This step is essential not only for proposed projects and acquisitions, but for existing facilities. We prepare detailed summaries of anticipated costs for staff salaries and benefits, equipment and supplies, and daily operational expenses. Our format includes projected expenses, revenue, income and census performance. This tool provides realistic data in maximizing revenue and minimizing costs, thus affecting cash flow and financial viability.
If you want to enter this rapidly exploding market segment and broaden your market base, let us help you. We will analyze your project's market and financial feasibility, helping you to avoid the loss of valuable time and dollars.