Hospital Feasibility Studies - Wert-Berater, LLC

NEW YORK - Aug. 24, 2020 - PRLog -- Wert-Berater, LLC recently completed a Financial Feasibility Study related to USDA Loan Applications for the modernization, renovation and new construction projects of older closed hospitals in Clarksville, Texas and Pineville, Tennessee.

The required Financial Feasibility Study is a comprehensive document that includes the following scope of work:

USDA Financial Feasibility Study Guidelines

Community Programs RD Instruction 1942-A, Guide 5

A. Need for the Facility.

B. Existing facilities – Explain current capacities, rates or usage, activities, suitability for continued use, deficiencies in services, staff, physical conditions and any other pertinent information.

C .Proposed Facility
1.Description of construction and renovation by component including capacity of each component part and physical limiting factors.

2. Explain and document the need for the facility. Include comments regarding the following:

a. Service area

b. Population trends

c. Similar facilities in the service area

d. Usage trends

e. Community support

f. Regulatory agency approval

g. Economy in the service area

h. Analysis of staff and consultants

D. Financial Information

1. Explain all assumptions underlying the expected demand, use, and projections of financial data such as:

a. Change in usage

b. All income and expenses

c. Rate structure

d. Allowance for uncollectible accounts

e. Depreciation life and method

f. Description of long-term debts

2. Financial Statements. The following financial statements must be prepared reflecting five-year projections.

a. Balance sheets for all funds

b. Statement of income and expenses

c. Statement of cash flows (cash receipts and disbursements)

d. Comparison data for facilities in service area

Wert-Berater, LLC has been in business since 1998 and are experts in providing necessary Financial Feasibility Studies for hospitals nationwide.

Contact Wert-Berater, LLC by phoning 1.888.661.4449 ext. 7 to discuss your feasibility study needs. https://www.wert-berater.com