Expense & Revenue Projections
Forecasting The Future. Financial projections are the proving ground of your practice startup and where MPSG excels well beyond the industry norm. Accurate numbers are critical, but we not only formulate precise projections, we also interpret and clarify the relationships between the numbers.
Our forecasting process is flexible in its complexity so you buy only what you need. The MPSG “first glance” projection provides a quick and inexpensive way to help you decide whether or not you can confidently take the next step towards setting up your practice. Our “full analysis” will give you a very detailed view of your financial future and will have your banker raising her eyebrows in silent admiration.
We run worst case, best case and steady state scenarios with multiple simulation variables including productivity, contractual adjustments, local reimbursement trends, bad debt factors, inflation, interest rates, payer mix, and staff costs. As the assumptions change, the related figures automatically re-adjust. We employ an exhaustive list of both business and medical equipment and supplies to ensure there are no fiscal “Uh-Oh’s” a week before opening.
In the end, you all have a crystal clear view of how things will likely unfold financially over a five-year period - the bank, your accountant, you and your partners will thank you for it.
