Business plans

Semin Intervent Radiol. 2005 Mar;22(1):45-8. doi: 10.1055/s-2005-869580.

Abstract

The business strategy for establishing a clinical office involves three key components: fundamental change from the traditional technical model in processes for accepting referrals; establishment of a high-quality clinical operation; and changing the perception of interventionalist radiology among the referring community and the public. The costs and revenues used to derive profit and loss statements will vary considerably across regions and practice set-ups. Some of the considerations are outlined in this article, but it will be up to interventionalists and their business managers to make these factors conform to their individual practices and locations.

Keywords: Strategy; market; outpatient referral; pro forma; risk.