Behavioral Health Feasibility Study for expanding or starting new psychiatric Programs
We conduct Behavioral Health Feasibility Studies to determine the of new or expanded psychiatric programs. feasibility studies assess the market as well as business, regulatory and clinical viability of mental health and substance abuse treatment programs. We use proprietary market, utilization, and financial data to forecast demand.
Our Feasibility Studies include a market analyses, assess regulations, study reimbursements, identify provider and staff resources, and develop a real world financial pro forma for a new or expanded psychiatric service.
Behavioral Health Feasibility Study Consulting Firm
For more than 20 years, we have completed feasibility studies tailored to the specific needs of hospitals and behavioral health care delivery systems. We provide our clients with analyses, projections, and financial forecasts to help them make informed decisions and develop business plans.
Our research involves federal resources and proprietary databases from trusted sources including Substance Abuse and Mental Health Services Administration (SAMHSA) and the Centers for Disease Control and Prevention (CDC). Aside from that, we have completed feasibility studies and Certificates of Need research for new psychiatric hospitals and inpatient units as well as specialty behavioral health programs such as geriatric services and complex medical mental health units. When conducting feasibility studies, we often consider:
When the study indicates a strong opportunity, we will work with you to develop a management action plan that meets your needs. Through the MAP, we will outline timeframes, responsibilities, and steps to goal accomplishment.
Facility Startup Assistance
You can turn to us for startup implementation assistance or interim management for a new hospital-based psychiatric inpatient or residential program. We will guide you throughout the process.
Seek Our Advice
We aim to fill a gap in the field of behavioral health care, which is why we focus our resources on improving various psychiatric programs nationwide. Today, we have developed a deep understanding of the specific issues, challenges, and regulations involved in running a psychiatric service. We use that knowledge to serve our clients effectively. For more information about our services, talk to us.