This proposed business plan was developed with the intention to support health care providers with the financial means to offer uninterrupted treatment of workers’ compensation patients. Co-Operative Medical Partners is a ready resource healthcare company that offers financing assistance and customizable outsourced services that will eliminate the need for an administrative back end. Outsourced services include billing and collections, mail-order pharmaceuticals and toxicology testing. The target market will be providers who treat workers’ compensation cases and not the patients themselves.
Competition in this market is extremely low with health care finance companies primarily taking on high-risk spinal fusion cases. Co-Operative Medical Partners will only focus on short term workers’ compensation cases that have a higher probability of reimbursement. The potential for growth is extremely high based on the lack of competition and the need for the services provided.
|Commitee:||Gotz, Cindy, Qi, Yanling|
|School:||California State University, Long Beach|
|Department:||Health Care Administration|
|School Location:||United States -- California|
|Source:||MAI 55/04M(E), Masters Abstracts International|
|Subjects:||Business administration, Health care management|
|Keywords:||Business, Compensation, Financing, Healthcare, Workers|
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