Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.
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Transcript of Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.
![Page 1: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/1.jpg)
Home Health Care Services
Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian
![Page 2: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/2.jpg)
Assumptions
1. Two Month Retention of Patients
2. 16 Average Monthly Patients Visits
3. $ 132 per patient Visit
4. 15% Growth Rate after first year
5. No reimbursement for travelling Expenses
6. Operational… with Debt.
![Page 3: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/3.jpg)
Salaries
Year 1 Year 2
Doctor on Staff $60,000.00 $63,000.00
Director of Nursing $132,000.00 $138,600.00
1st RN (English and Spanish Bilingual) Part Time $0.00 $55,016.00
2nd RN (English, Armenian and Farsi) Part Time $0.00 $55,016.00
3rd RN (English, Korean) Part Time $0.00 $55,016.00
Physical Therapist $13,613.60 $14,294.28
1st LVN (English and Spanish Bilingual) Part Time $27,508.00 $28,883.40
2nd LVN (Armenian and Farsi) Part Time $27,508.00 $28,883.40
3rd LVN (Korean) Part Time $27,508.00 $28,883.40
Receptionist $20,000.00 $21,000.00
Biller/Coder $24,000.00 $25,200.00
Consulting Fee $25,000.00 $25,000.00
![Page 4: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/4.jpg)
Overhead
Rent of Facility $1,500 $1,500
Utilities $500 $500
Operation Equipment/Supplies $5,000 $250
Medical Equipment/Supplies $7,500 $500
Insurance $175 $175
![Page 5: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/5.jpg)
Promotion
Newspaper $500.00
Magazine $1,000.00
Direct Mail $250.00
Other $1,000.00
![Page 6: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/6.jpg)
Cash Flow
![Page 7: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/7.jpg)
Introduction
![Page 8: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/8.jpg)
Desire for the product?
![Page 9: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/9.jpg)
Niche Market… language
![Page 10: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/10.jpg)
Balance Sheet (Ending 2nd Year)
• Assets:Cash: $1,499,085.00
• Liabilities:
– Payables (Income Taxes) $499,489.00
– Shared Capital $30,000.00
–Retained Earnings $969,596.00
![Page 11: Home Health Care Services Gary Korneff, Lisa Gill, Rahul Gupta, Sevak Hakopyan, Mark Lulechian.](https://reader035.fdocuments.net/reader035/viewer/2022081700/56649f505503460f94c73a00/html5/thumbnails/11.jpg)
Income Statement (Ending 2nd Year)
• Income:Sales:
$1,894,464.00
• Expenses:
–Operating Expenses $836,979.00
– Taxes $359,545.00
NET PROFIT $697,940.00