VENICE FAMILY CLINIC
MOBILE HEALTH VEHICLE PROPOSAL
IHP 450 Healthcare Management and Finance
7-1 Final Presentation
VENICE FAMILY CLINIC
High quality comprehensive health care to families
and individuals who might otherwise go without the
care they need.
Vision: To Improve the health of people and
communities through accessible, quality care.
Mission: To provide quality primary health care to
people in need.
2022 Mobile Health Vehicle Proposal 2
FUNDING
$28,694,912
Th i rd Pa r t y Reim b u rseme nts
Amount obtained via VFC
Annual Report 2021.
$17,227,792
Gover nment C o nt ra c ts & G ra nts
Amount obtained via VFC
Annual Report 2021.
$18,167,900
Pr i vate Sup p ort
Amount obtained via VFC
Annual Report 2021.
$3,123,504
Inve s tment I n c o m e
Amount obtained via VFC
Annual Report 2021.
2022 Mobile Health Vehicle Proposal 3
FINANCIAL CONDITION
BIG PICTURE
INVESTMENTS
FINDING
RECOMMEN DATION
$5,917,859 (total revenue) - $2,711,361 (expenses) = $3,206,498 (capital gains)
$3,123,504 (2021) - $1,713,914 (2020) = $1,409,590 (increase)
Venice Family Clinic is in excellent financial condition.
Further investment in Mobile Health Vehicles.
2022 Mobile Health Vehicle Proposal 4
TRENDS IN HEALTHCARE
Benefits of Mobile Health
•Secondary benefits of free marketing and
advertising.
Financial Benefits Mobile Health
•Closes patient location and transportation gaps in
care.
•Offer flexibility in hours and services
•Lowers emergency room visits.
•Comfort of patients less likely to seek health from a
traditional health care facility.
•Customizable to local population needs.
•Serving predominantly homeless individuals can
expand their services beyond what a doctor’s office
provides, including offering access to clothing, food,
and shelters.
•Can easily relocate for higher need or crisis.
•“Participating in these early prevention and diagnostic
services, patients were more likely to receive accurate
diagnoses and needed care before health conditions
become severe, improving health outcomes”
(Craftsman Industries, 2021).
•Payable by third-party payers.
•Return on investment: $12.00 for every $1.00
spent (Move Mobility, n.d.)
•Reduced operational costs.
•More patient visits the higher the revenue
from third-party payers.
•Reduces cancellation rate.
•Each mobile vehicle visit saves healthcare
system and average of $1600 in prevention.
2022 Mobile Health Vehicle Proposal 5
PROPOSED CAPITAL BUDGET ITEM:
MOBILE HEALTH VEHICLE
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STRATEGIC GOALS
EXPAND PATIENT POPULATION
Closes patient location and transportation gaps in care, by meeting
them where they are, offer flexibility in hours and a variety of
services.
QUALITY OUTCOME IMPROVEMENT
“Participating in these early prevention and diagnostic services,
patients were more likely to receive accurate diagnoses and
needed care before health conditions become severe, improving
health outcomes” (Craftsman Industries, 2021).
COMMUNITY CONTRIBUTION
Expand services beyond what a doctor’s office provides, including
offering access to clothing, food, and shelters. (Working with
support systems)
2022 Mobile Health Vehicle Proposal 7
MOBILE HEALTH VEHICLE OPTIONS
OPTION ONE
Mobile Medical Clinic Truck:
Provides a climate-
controlled space for exams,
inoculations, lab space, and
testing for remote areas or
multiple locations
throughout the day.
OPTION TWO
Class A or Super C RV Diesel Chassis:
ADA-compliant, with capabilities
include dental exams, vaccinations, x-
ray, eye exam, health screenings and
more.
OPTION THREE
Custom Medical Trailer:
Single or double-wide
available with room options,
including exam rooms,
reception areas, cabinets,
sinks, rest rooms,
refrigeration, freezers, ADA lift,
climate control, areas for labs,
testing and inoculations.
2022 Mobile Health Vehicle Proposal 8
CHOOSING OPTION TWO:
CLASS A OR SUPER C RV DIESEL CHASSIS
$200,000 = Vehicle Base Cost
$25,000 = Customization for VFC
$40,000 = Driver Salary
$20,000 = Gas for first year (forecast)
$15,000 = Vehicle Maintenance per Year (forecast)
$300,000 = Total
2022 Mobile Health Vehicle Proposal 9
FINANCIAL RESEARCH
Cost Savings
•The full purchase price of system
deductible in the first year or may spread
the payments over 3 years. Lower
liability and insurance than option one
and two.
•Reduced operational costs.
•Reduces cancellation rate.
•Each mobile vehicle visit saves
healthcare system and average of
$1600 in prevention.
•Secondary benefits of free marketing
and advertising.
Revenue Generation
•Return on investment: $12.00 for
every $1.00 spent (Move Mobility,
n.d.)
•More patient visits the higher the
revenue from third-party payers.
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ORGANIZATIONAL RESOURCES
Chief Financial Officer
Chief Medical Director
Compliance Department
Medical Staff
Patient Services Department
Marketing & Advertising Department
Additional:
Driver, mobile staff, mechanic, medical supplies, etc.
2022 Mobile Health Vehicle Proposal 11
COMMUNICATION PLAN
Init i al Bud g e t Mee tin g
Att endee s : A l l
Vir t u al Meet i n g fo r B u d g et U p d at es
A t t e n d e e s : C F O , P r o j e c t M a n a g e r s o n l y
Year- E n d B u dge t Revie w
A t t e n d e e s : A l l
2022 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2023 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
E x p a n s i o n B u d g e t M e e t i n g
A t t e n d e e s : A l l
V i r t u a l M e e t i n g f o r B u d g e t
U p d a t e s
A t t e n d e e s : C F O , P r o j e c t M a n a g e r s o n l y
F i s c a l Y e a r e n d B u d g e t R e v i e w
Attendees: All
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Interim communication via email between project managers,
project dedicated employees on a bi-monthly basis to
address changes, roadblocks, unforeseen costs, status of
budget.
STATEMENTS
2021
Venice Family Clinic Foundation 2021 Annual Report
2020
Venice Family Clinic Foundation 2020 Form 990 Public Disclosure
2019
Venice Family Clinic Foundation 2019 Form 990 Public Disclosure
2022 Mobile Health Vehicle Proposal 13
EXPENSES
$200,000 = Vehicle Base Cost
$25,000 = Customization for VFC
$40,000 = Driver Salary
$20,000 = Gas for first year (forecast)
$15,000 = Vehicle Maintenance per Year (forecast)
Additional: Vehicle registration, inspection, medical
supplies to stalk and restock mobile clinic, staff trainings,
etc.
2022 Mobile Health Vehicle Proposal 14
REASONING
•No interest
•No extended payments
•Donor contribution review
•Deductibility
•Minimal initial salary impact
•Cancellation reduction
•Expand patient access
•Grow patient population
•Raising revenue
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RATIOS & CALCULATIONS
ROI = NET RETURN ON INVESTMENT / COST OF
INVESTMENT X 100%
OPTION ONE
Mobile Medical Clinic Truck:
$2,160,000 / 100,000 X 100 = 2,160%
OPTION TWO
Class A or Super C RV Diesel Chassis:
$3,600,000 / 200,000 X 100 = 1,800%
OPTION THREE
Custom Medical Trailer:
$5,100,000 / 300,000 X 100 = 1700%
2022 Mobile Health Vehicle Proposal 16
PROJECTED DEPARTMENTAL BUDGET
2022 Mobile Health Vehicle Proposal 17
Year 1
Year 2
Year 3
Revenue
Third Party-Payers
60,000
400,000
1,600,000
Government Programs
1,400,000
2,4000,000
3,400,000
Investments
1,250,000
2,250,000
3,250,000
Support
3,625,000
4,800,000
6,200,000
GROSS PROFIT
8,625,000
48,000,000
216,000,000
Expenses
Vehicle
250,000
500,000
750,000
70%
Driver
40,000
80,000
120,000
10%
Staff
80,000
160,000
240,000
5%
Supplies
28,250
56,000
112,000
2%
TOTAL EXPENSES
4,593,750
8,800,000
16,920,000
SHORT-TERM IMPACT
•Slowed Productivity
•Implementation Trainings/Education
•Production Time (From purchase to road ready)
•Lower availability of other investment capital
2022 Mobile Health Vehicle Proposal 18
LONG-TERM IMPACT
QUICK ROI
The break-even point and return on investment will be achieved
quickly, followed by dramatic rise in revenue and third-party
payments
QUALITY OUTCOME IMPROVEMENT
“Participating in these early prevention and diagnostic services,
patients were more likely to receive accurate diagnoses and
needed care before health conditions become severe, improving
health outcomes” (Craftsman Industries, 2021).
CONTRIBUTE TO FURTHER IINVESTMENTS
With a 12:1 turn around, the added revenue and investment returns,
it will add to being able to invest in other ways to improve care or
the ability to expand the fleet in a short period of time.
2022 Mobile Health Vehicle Proposal 19
COST BENEFITS
$300K $3.6M $14.4M
INVESTMENTS RETURN ON INVESTMENT FOUR-YEAR PROJECTED PROFIT
Addressable market Serviceable market Obtainable market
2022 Mobile Health Vehicle Proposal 20
STRATEGIC PLANNING
PREPARE FOR THE UNFORESEEN
Seeing around corners to forecast future costs and needs.
FLUCTUATING LABOR & FUEL MARKET
While uncontrollable, planning for the worst-case scenario will
benefit.
SEEKING SUPPORT
Grants, charities, and other governmental support for healthcare
facilities who service low-income patients should also be consulted
to maximize outgoing cash flows.
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CONFLICTS
Conflict: ADA Compliance
Solution: Class A or Super C RV Diesel Chassis, which are
compliant off the assembly block.
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RESOURCES
T h e I m p a c t o f M o b i l e H e a l t h V a n s : P a r t O n e . ( 2 0 2 1 , Ju n e 1 5 ) . M o v eMobility.
ht tps ://mov em obi lit y.c a/th e -imp ac t-of-mobile- he alth-va ns-part-one/
Industries, C. (n.d.). How Mobile Medical Trailers are Improving Healthcare.
Www.craftsmenind.com. Retrieved June 18, 2022, from
https://www.craftsmenind.com/blog/how-mobile-medical-trailers-are-improving-healthcare
M o b i l e M e d i c a l O f f i c e T r a i l e r | C G S P r e m i e r . ( n . d . ) . R e t r iev e d Ju n e 1 9 , 2 0 2 2 , fr o m
h t t p s: / / c g s p r e m i e r . co m / m e d i c a l - s e m i - t r a i l e r /
Nowicki, Michael (2022). Introduction to the Financial Management of
Healthcare Organizations, Eighth Edition: Vol. E ighth edition. Gateway to
Healthcare Management.
PU BLIC D ISCLOSU R E C OP Y (20 20) Veni ce Fa m ily Clinic Fin a ncials .
Retr ieved Ju n e 12, 20 22, f r om
https : //s3.amazo naws.co m/ve nicefami lyclinic. org/20 22/05/VENICE -
FA M ILY -C LIN IC -F OU ND ATIO N -2 020-F OR M- 990-P U BLIC -
DISC LO S URE.pdf
Oriol, N. E., Cote, P. J., Vavasis, A. P., Bennet, J., DeLorenzo, D., Blanc, P., &
Kohane, I. (2009). Calculating the return on investment of mobile
healthcare. BMC Medicine,7(1). https://doi.org/10.1186/1741-7015-7-27
M c B r et t . ( 2 0 2 1 , N o ve m b e r 3 0) . H o w M u c h D o e s a M o b i l e M e d i c a l
U n i t C o s t E x a c t l y ? F l o r i d a ’s C u s t o m M a n u f a c t u r er o f Fo o d Tr u c k s
a n d S p e c i a l t y Ve h i c l e s . h t t p s : // w w w. m r-t r a i l e rs . c o m /m o b i l e -
m e d i c a l - u n i t - c os t /
Designed with the help and input of experts in the field
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