First Step analysis

PINNACLE III's free First Step analysis is a brief but thorough business study of your proposed new service. We collect basic data from your practice and provide you with a financial sketch. It's the First Step to success.

PINNACLE III Hospital/Physician Joint Venture HOPD
First Step Analysis

What is PINNACLE III's First Step analysis?
An invaluable step on the road to a profitable joint venture or HOPD.
 
First Steps are scary. Let PINNACLE III shed some light on your path and take the First Step toward success.
 
The following questions are designed to help PINNACLE III learn more about the joint venture and the physician practice demographics in order to better assess your market position and how we can be of assistance. Many of the questions pertain to the physician practices in order to ascertain the projected case mix, volumes and payor mix of the center. If you are pursuing an HOPD the hospital may be able to answer all of these questions. If you have any questions regarding these forms please call Ginger at 303.550.1132.
 
Hospital Profile
 
Hospital:
Address:
Phone, Fax, Email:         
Main Contact:
 
Number Of Physicians being considered for the project:
Single Specialty:    If yes please list specialty:
Multi specialty:
If multi, list specialties:
 
Number of Outpatient Cases Per Year: 2007
 2008(YTD)
Number of Inpatient Cases Per Year
 
Number of Specific Cases per Year
(Outpatient/Inpatient)		 2007 2008(YTD)
List procedure below: Out In Out In
 
What percentage of your practice falls within the following payor types?
Cash/Fee For Service: %
Discount FFS: %
Medicare: %
Medicaid: %
Workers' Comp: %
PPO: %
Please list PPO's by name:
HMO: %
Please list HMO's by name:
Capitation: %
Please list capitated contracts by name:
Other:
 
List your top five major payors. Percentage of your business Type of contract? (ex. % of billed charges)
1. 1. 1.
2. 2. 2.
3. 3. 3.
4. 4. 4.
5. 5. 5.
 
Are there any particular managed care plan concerns or changes that should be taken into consideration?
 
Will this be a new site from ground up or a build out of existing space?
 
How much space is being allocated to this project?
 
Approximate cost of square footage in your area?
 
Who will pay for TIs (Tenant improvements)?
 
Do you want to own or lease the building?
 
Do you want to own or lease the land?
 
Are you leaning toward purchasing or leasing equipment?
 
Are you interested in our Centralized Billing and Collecting office's services?
 
Are you interested in PINNACLE III developing the center?
 
Are you interested in PINNACLE III managing the center?
 
Percentage of management equity? %     or No management equity
 
What is your anticipated time frame to move forward with this project?
 
Please describe your competitive environment?
 
Notes: Please use this section to clarify any of the answers above.
 
 
Physician Group Practice
 
Group Name:
Address:
Phone, Fax, Email:         
Main Contact:
 
Number Of Physicians:
 
Single Specialty:    If yes please list specialty:
Multi specialty:
If multi, list specialties:
 
List Physicians' names below. List their specialty/sub specialty:
 
Number of Outpatient Cases Per Year: 2007
 2008(YTD)
Number of Inpatient Cases Per Year
 
Number of Specific Cases per Year
(Outpatient/Inpatient)		 2007 2008(YTD)
List procedure below: Out In Out In
 
What percentage of your practice falls within the following payor types?
Cash/Fee For Service: %
Discount FFS: %
Medicare: %
Medicaid: %
Workers' Comp: %
PPO: %
Please list PPO's by name:
HMO: %
Please list HMO's by name:
Capitation: %
Please list capitated contracts by name:
Other:
 
List your top five major payors. Percentage of your business Type of contract? (ex. % of billed charges)
1. 1. 1.
2. 2. 2.
3. 3. 3.
4. 4. 4.
5. 5. 5.
 
Are there any particular managed care plan concerns or changes that should be taken into consideration?
 
How many ASCs are you currently performing cases in?
 
How many ASCs are you currently a partner?
 
Location of these surgery centers?
 
Are you entertaining other ASC partnerships?
 
How much of your outpatient volume is currently being performed at your local hospital(s)?
 
Which other hospitals are you currently performing outpatient procedures?
 
What percentage of your total outpatient volume do you realistically see being done at this specific ASC/HOPD? %
 
What percentage of your total inpatient volume do you realistically see being done at this specific ASC/HOPD? %
 
Does your practice have any plans to add or retire partners in your group over the next three years? Add:     Retire:
 
If so what is your timeframe?
 
What specialty will be added or retired?
 
 

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