You are a healthcare professional wants to start an IVF hospital to make the dream of parenthood a reality for childless couples. If you are setting foot on the entrepreneurial platform for the first time, you may be muddled and dismayed by the myriad list of complicated actions that have to be initiated and countless decisions that have to be made even before the site is decided for your IVF centre. How a hospital consultant can be your partner in setting up your IVF Centre

Establishing a healthcare facility is no easy task…this applies to an IVF facility too. It requires innumerable amount of planning. Proper planning can help you take timely decisions and proactive actions.

If you are a debutant in this area, it is likely that you will get lost in this maze of difficulties and will not be able to find your way out of this complex labyrinth. It is better to avail of the services of an experienced healthcare consultant. These are professionals who can provide you with a roadmap to navigate the twists and turns of your path and reach your destination on time.

A healthcare consultant can help you at every stage of your planning for your IVF centre.

1. Pre-construction planning

A. Feasibility study

A feasibility study is a business tool that is used to validate the practicality of your business idea so that you can determine if your dream of establishing an IVF centre will be profitable in the long run. A feasibility study can tell you point-blank if you should go ahead with your venture or not. A hospital consultant will analyse parameters like market trends, your core competencies, your goals, your budgets, your competitors’ strategies etc. to present you with a feasibility report and give you an impartial opinion about your chances of success versus your risks of failure.

B. Funding

Funding is the key factor before starting an IVF centre because the equipment, infrastructure and technology costs are immense. You may need funding from outside investors. Healthcare consultants can guide you about garnering investment from banks, financial institutions, or private investors. He/ she can also aid you in curating a business plan to present to a panel of investors.

C. Site planning

Location matters in determining the success of your IVF centre. A centralized, accessible location can help your IVF hospital garner footfall and subsequently profits. At the same time, many patients may look for a discrete location that will ensure privacy.  An experienced healthcare consultant can help you zero in on a site that ideally fits your budget.

D. Designing and construction

Since an IVF hospital is a dynamic place with a constant flow of activities. The workspace should be optimized to be functional yet comfortable for the patients and the employees. A healthcare consultant can help you in planning your space in a way that each foot is functional and at the same time designed with an element of style and elegance.  He/she can supervise and add value to the work of your architects, designers and construction crew.  He/ she can coordinate with the constructors and ensure that all the construction deadlines are adhered to.

E. Licensing

Starting an IVF centre involves getting a pile of allowances, licenses and NOCs like the ARB.  A healthcare consultant can take the burden on your shoulders by doing all the legwork to help you procure these legal stipulations in a fast and frustration-free manner.

F. Equipment planning

An IVF hospital will require tons of medical equipment and gadgets. A Healthcare consultant can help you in equipment planning and procurement. He/ she can help you select the best vendor, the most-suitable equipment, instalment, terms of service and repair or replacement agreements.

2. Operation planning

A. Setting a SOP

A reliable healthcare consultant can help you formulate a master plan of your day-to-day operations do that your IVF centre operates in a smooth and efficient manner. This protocol will ensure that you maintain quality at every stage.

B. Planning your price protocol

Rates for IVF services vary depending upon technology, infrastructure, expertise of panellists etc. A healthcare consultant can help you evolve a viable and judicious pricing protocol for your services and facilities.

3. Marketing protocol

A. Overcoming competitors

Staying ahead of competition is important if you wish to be successful in the long run. For this, your IVF centre has to be in the limelight through thoughtful and touching advertisements, posters and social media activities. A healthcare consultant will help you in planning such attention-grabbing campaigns so that you can annihilate your competitors.

B. Knowing which USP to highlight

There is a plethora of IVF centres. You have to project yourself as a cut above them to ensure that your prospective clients choose you. For this, you have to evolve a brand personality for your IVF centre which will revolve around one single attribute that will put your organization one step above the rest on the success ladder. A healthcare consultant can help you zero in on the USP…a unique attribute that differentiates your IVF centre from the rest and gives you a heave-up.

4. Planning operations

A. Recruitment and training

Any success depends upon the people involved…your IVF centre with be a blockbuster hit only of the workforce that runs it is efficient, empathetic and effective. There is a big lacuna in the hospital skilled-force pool. A healthcare consultant can help you recruit the best talent equipped with the right blend of competence, credibility, confidence and compassion. He/ she will aid you in training, upgradation of skills renumeration planning and retention of your team. 

B. Hospital information system

Information software has become essential for smooth operation of any healthcare unit. The same applies to an IVF centre too. A healthcare consultant can guide you on the selection of the latest and best Hospital Information management system and can help you in its instalment, maintenance, privacy assurance, quality control and SOP decisions.

To put in a nutshell, a hospital consultant can be your true companion and handhold you through the various stages of setting your IVF centre. He/ she can ensure that reach your destination without any traffic jams. If you need the services of a Healthcare consultant, be sure to consult Hospertz. We have established a legacy of expertise in this sphere since the last two decades.

Blog has been written by Dr. Vishal Jadhav, a veteran in the field of hospital consultancy with a rich experience of more than 20 years and founder of the Healthcare Consultancy Firm, Hospertz.

Dr. Vishal Jadhav, Director

Linkedin: Dr Vishal Jadhav
hospertz@gmail.com
+91 9867712705/ 9820833149