Care Health Bucket is a partnership-based business providing home-based healthcare services for senior citizens and disabled people in Islamabad and Rawalpindi, Pakistan. The business aims to address the lack of time people have to take their families for checkups. Services include nurses available for day and night care, medical tests at home, immediate blood availability in emergencies, and first aid training. The founders plan to launch an app in November 2019 to make services accessible digitally and target underserved groups through discounted prices and free medical camps. Initial capital of 1.5 million Pakistani rupees will be invested equally among the three partners.
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wishes to highlight some of the stories from the medical fraternity that are making a difference through their outstanding medical services.
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The only way to take on disruptions especially in healthcare where huge investment is a norm, to be proactive and pre emptive hence these conference assume strategic significance as speakers share their practical approach while dealing with various issues.
Some of the issues this conference would address like
Medical Devices and Equipments : Review of Make in India vis a vis Medical devices and equipments.
Healthcare Financing: or should It be called healthcare financing cum fencing ā¦ healthcare units are now becoming more financial entities than clinical ones.
Healthcare Quality : We need to go beyond clinical tags and look into value it creates for healthcare units in internal and external environments.
Hospital Sizing: assumes significance in the age of disruption and imparts huge responsibility on consultants vis a vis feasibility studies and make it imperative for second feasibility study after some years of hospital operations.
Operation and Management : it is another arena wherein a conscious as well as Strategic decision to be made between in house and outsourced Operations.
Healthcare Disruptions: This conference would also see a presentation on healthcare preparedness for disruptions.
AI & ML : It has finally arrived in healthcare but whatās in store for healthcare, this conference covers this futuristic topic.
Public Healthcare : As part of inclusive agenda, this conference has two important presentations on public healthcare which would make audience aware about promising and critical aspects.
Medical Entrepreneurship: To be or not be a medical entrepreneur is a question which has been asked and answered by many. This conference would share real life experience of a very successful medical entrepreneur.
Why should you attend :
We hope Voice of Healthcare conference would be a learning feast for those who enjoy and look for exciting insights, thoughts and ideas.
As healthcare has moved out formula based approach and rather has focused on Strategic Agility, these conferences do offer important inputs for healthcare stakeholders.
Please raise and join our voices at VOH International Healthcare Conference at Mumbai on 16th and 17th March 2018.
The most trusted super specialty hospitals 2021Merry D'souza
Ā
In this issue of Insights Success, we present to you some of the most promising super-specialty hospitals, which are changing the face of healthcare, while bringing a smile to the faces of the patients.
The 10 most recommended superspeciality hospitals in indiaMerry D'souza
Ā
Insights Success through this edition, āThe10 Most Recommended Superspeciality Hospitals in India, 2020ā
wishes to highlight some of the stories from the medical fraternity that are making a difference through their outstanding medical services.
We have brought a collection of tales that display various super specialty hospitalsā abilities in terms of the services they facilitate.
10 most disruptive ai companies transforming healthcare 2021Merry D'souza
Ā
10 Most Disruptive AI CompaniesTransforming Healthcare 2021, we bring to you, the companies that are leveraging AI most effectively to transform healthcare services to match with the evolving industry demands & patient needs.
These hospitals are a ray of hope for those ailing patients, who want a relief from their sufferings. Hence, in this issue of Insights Success, we present to you Indiaās Best of 5 Recommended Hospitals, that are changing the face of healthcare through their dedication and innovation. We also recommend you read articles curated by our in-house editorial team.
VOH International Healthcare Conference is taking place against the backdrop of disruptions of all kinds. Disruptions have shorter life but have high frequency and long time impact thus creating multilateral uncertainty and throwing challenges to the industry regularly.
The only way to take on disruptions especially in healthcare where huge investment is a norm, to be proactive and pre emptive hence these conference assume strategic significance as speakers share their practical approach while dealing with various issues.
Some of the issues this conference would address like
Medical Devices and Equipments : Review of Make in India vis a vis Medical devices and equipments.
Healthcare Financing: or should It be called healthcare financing cum fencing ā¦ healthcare units are now becoming more financial entities than clinical ones.
Healthcare Quality : We need to go beyond clinical tags and look into value it creates for healthcare units in internal and external environments.
Hospital Sizing: assumes significance in the age of disruption and imparts huge responsibility on consultants vis a vis feasibility studies and make it imperative for second feasibility study after some years of hospital operations.
Operation and Management : it is another arena wherein a conscious as well as Strategic decision to be made between in house and outsourced Operations.
Healthcare Disruptions: This conference would also see a presentation on healthcare preparedness for disruptions.
AI & ML : It has finally arrived in healthcare but whatās in store for healthcare, this conference covers this futuristic topic.
Public Healthcare : As part of inclusive agenda, this conference has two important presentations on public healthcare which would make audience aware about promising and critical aspects.
Medical Entrepreneurship: To be or not be a medical entrepreneur is a question which has been asked and answered by many. This conference would share real life experience of a very successful medical entrepreneur.
Why should you attend :
We hope Voice of Healthcare conference would be a learning feast for those who enjoy and look for exciting insights, thoughts and ideas.
As healthcare has moved out formula based approach and rather has focused on Strategic Agility, these conferences do offer important inputs for healthcare stakeholders.
Please raise and join our voices at VOH International Healthcare Conference at Mumbai on 16th and 17th March 2018.
IBCās Indonesia Healthcare conference brings together healthcare leaders to discuss evolving policies, opportunities for private healthcare investment, partnerships, projects and initiatives.
Key Conference Themes:
Updates on Regulation and the Road Towards Universal Healthcare Coverage
Hospital Management & Cutting Edge Healthcare Delivery Standards
Digital Marketing and Telehealth Solutions
Healthcare Infrastructure Projects, Investments & Development
Generics & Access to Medicine
Public-Private Partnerships & Collaboration
Why You Must Attend This Yearās Event
Understand the proactive steps to take by hospitals, pharmaceutical and insurance companies for the new Universal Healthcare Coverage policy
Discover partnerships and investment opportunities in Indonesia
Hear different case studies from major hospitals, insurance and pharmaceutical companies
Meet and exchange business cards with your peers during the networking sessions
Learn how to deliver safe and quality healthcare from other Asian countries
SCALING UP PRIMARY CARE TO IMPROVE HEALTH IN LOW AND MIDDLE INCOME COUNTRIES- ICSF & University of Toronto
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used to connect patients and providers efficiently and affordably, facilitating teletriage, where hotline doctors can let patients know if further investigation is needed and connect them with a static clinic, local labs and pharmacies, if necessary. Mediphone is a health
hotline in India that allows clients to speak to doctors from a private hospital chain who can provide health information and prescriptions via SMS or email.
This study was done for the purpose of identifying the Hypothesis of :-
1. Influence of the Number of Members on Number of Policies.
2. Influence of the Number of Policies on the Number of Claim.
3. Influence of the Number of Claims on the Number of Members.
4. Influence of Premium paid on Claim paid.
5. Influence of Total Sum Insured on Total Claims Paid.
This was one of the project in ASM's IBMR prestigious event Brand Glam.Here I along with my Batch Mates have listed an application which provide e-medical utilities on a single plaform.
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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IBCās Indonesia Healthcare conference brings together healthcare leaders to discuss evolving policies, opportunities for private healthcare investment, partnerships, projects and initiatives.
Key Conference Themes:
Updates on Regulation and the Road Towards Universal Healthcare Coverage
Hospital Management & Cutting Edge Healthcare Delivery Standards
Digital Marketing and Telehealth Solutions
Healthcare Infrastructure Projects, Investments & Development
Generics & Access to Medicine
Public-Private Partnerships & Collaboration
Why You Must Attend This Yearās Event
Understand the proactive steps to take by hospitals, pharmaceutical and insurance companies for the new Universal Healthcare Coverage policy
Discover partnerships and investment opportunities in Indonesia
Hear different case studies from major hospitals, insurance and pharmaceutical companies
Meet and exchange business cards with your peers during the networking sessions
Learn how to deliver safe and quality healthcare from other Asian countries
SCALING UP PRIMARY CARE TO IMPROVE HEALTH IN LOW AND MIDDLE INCOME COUNTRIES- ICSF & University of Toronto
Listed Programs are using technology to connect patients (especially those in rural areas) with physicians located elsewhere. World Health Partners connects patients at their franchised providers in rural India with doctors at the Central Medical Facility in larger cities like Delhi and Patna using a video link supported by mobile phone, computer and Internet technology, and remote diagnostic tools designed by Neurosynaptic. Health hotlines are also being
used to connect patients and providers efficiently and affordably, facilitating teletriage, where hotline doctors can let patients know if further investigation is needed and connect them with a static clinic, local labs and pharmacies, if necessary. Mediphone is a health
hotline in India that allows clients to speak to doctors from a private hospital chain who can provide health information and prescriptions via SMS or email.
This study was done for the purpose of identifying the Hypothesis of :-
1. Influence of the Number of Members on Number of Policies.
2. Influence of the Number of Policies on the Number of Claim.
3. Influence of the Number of Claims on the Number of Members.
4. Influence of Premium paid on Claim paid.
5. Influence of Total Sum Insured on Total Claims Paid.
This was one of the project in ASM's IBMR prestigious event Brand Glam.Here I along with my Batch Mates have listed an application which provide e-medical utilities on a single plaform.
University of Utah Health Exceptional Value Annual Report 2013University of Utah
Ā
Every year the Exceptional Value Annual Report documents the performance of University of Utah Health on all 45 of the key initiatives identified in the organization's Operational Plan. Focused on value-driven outcomes (quality, service and cost), our successes are celebrated and failures are reviewed for learning opportunities.
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Ā
As Project Director representing a healthcare employer for an innovative regional partnership program, I developed this comprehensive recruitment strategy that helped us draw from a diverse, untapped population when recruiting for our sector program. Leading the development process along with our local One Stop Career Center (OSCC) and community-based organization(CBO) partners, the development of this final strategy helped to create a process not just for this grant program but for all industry job training program recruitment processes going forward.
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A user-friendly interface can be an interface that makes the users feel at ease. So, ensuring you have the best user experience is another essential goal required to create a healthcare app. With an understanding of what constitutes health apps, let's examine a few of the characteristics that they should possess.
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438431888-E-health-Business-plan.pdf
1. BUSINESS PLAN
{Care health bucket app}
AUGUST 18, 2019
NATIONAL UNIVERSITY OF MODERN LANGUAGES
Islamabad, Pakistan
Submitted by:
Sana Kaleem (13129)
Javeria Haider (13138)
Khaula Khalid (12956)
2. i
DEDICATION
I dedicate this work to the Faculty of Management Sciences due to their teaching methodology
learning environment.
I have learned applications of new concepts in the ENTREPRENEURSHIP course. I also
dedicated to my parents for their unending prayers and support in every moment of my life.
3. ii
ACKNOWLEDGMENT
To Almighty Allah who always showers his blessings upon us and remains with us in our difficult
moments and enable us to complete this project. We would like to acknowledge our respected
teacher Professor Jawad not only for giving the opportunity to prepare the report but also for
providing a lot of support to improve the report. He was always available when we needed his
help, suggestion and guidelines. We feel truly honored working on this project.
5. iv
Following are the opportunities of Care Health Bucket: ________________________________ 11
4.4 THREATS: _______________________________________________________________ 11
5 OPERATIONAL PLAN: __________________________________________________ 12
5.1 APPLICATION DESIGN:___________________________________________________ 12
3. Lipid Profile Test ____________________________________________________________________ 12
5.2 PRODUCT DEVELOPMENT STAGES: ______________________________________ 12
5.3 MAINTENANCE AND SUPPORT: ___________________________________________ 13
6 MANAGEMENT PLAN___________________________________________________ 14
6.1 ORGANIZATION CHART: _________________________________________________ 14
7 DESIGN AND DEVELOPMENT PLAN _____________________________________ 15
7.1 APPLICATION DESIGN:___________________________________________________ 15
7.2 Quality in Design: __________________________________________________________ 15
7.3 Easy to Use: _______________________________________________________________ 15
8 DEVELOPMENT PLAN: _________________________________________________ 16
8.1 Partnership business: _______________________________________________________ 17
8.2 CAPITAL REQUIREMENTS: _______________________________________________ 18
8.3 COST ADVANTAGES: _____________________________________________________ 18
8.4 GOVERNMENT REGULATION: ____________________________________________ 18
9 UNIQUENESS IN PRODUCT OR SERVICE: ________________________________ 19
10 FINANCIAL MANAGEMENT: ____________________________________________ 20
PROJECT STARTUP COST ______________________________________________________ 20
10.1 Sources of Funds____________________________________________________________ 20
10.2 Table: STARTUP COST______________________________________________________ 20
10.3 Income Statement:__________________________________________________________ 21
10.4 Balance Sheet: _____________________________________________________________ 22
10.5 Cash Flow Statement: _______________________________________________________ 23
11 REFRENCES: _____________________________________________________________ 24
12 PARTNERSHIP DEED:______________________________________________________ 25
6. 1
1 EXECUTIVE SUMMARY
Care Health Bucket is a partnership based business and is destination for all those type of people
who have time issues for their families (Disable/Senior Citizens) to bring them out for checkup
and are in search of home based care.
Today in the 21st century the life is so fast paced that people even do not have the time for
Themselves-Health (use of information technology in healthcare) has been an increasingly
successful strategy in filling the gap of access and quality in healthcare system. There are millions
of senior citizen and disable people living in Pakistan.
Health care is an industry in need of innovation. Health plans, providers, life sciences companies,
and the government are facing rising costs and inconsistent outcomes. They are working to achieve
the triple aimā improving care, improving health, and reducing spending. What innovations are
most likely to help stakeholders achieve these goals and transform health care over the next 10
years? We surveyed leaders across the health care system to identify the innovations they think
are most likely to transform health care.
Care Health Bucket is a Partnership business with initially investment of 1500,000, providing male
and female nurses for day and night, medical test facilities for disable/senior citizens at home.
Besides availability of immediate blood in case of emergency and also First Aid Training is a part
of our services.
This is the point where E-Health industry has grown and turned E-Health business into a golden
opportunity for investment and earn more and more, just like Health Wire, DoctHers etc is example
of E-health.
7. 2
2 BUSINESS DESCRIPTION
2.1 Introduction
E-Health (use of information technology in healthcare) has been an increasingly successful
strategy in filling the gap of access and quality in healthcare system. There are millions of senior
citizen and disable people living in Pakistan. As we know that they always need others to take
them to the hospital unfortunately our life become so busy and people have no time to provide
such types of services. Due to this growing issue we decided to create this application known as
CARE HEALTH BUCKET.
The growing cost of healthcare and the aging of population have created many challenges for
governments, healthcare providers and healthcare industry that they try to overcome using E-
Health technologies, being one emerging area that has potential to improve healthcare service. The
use of wireless technologies to remotely monitor patients in an unobtrusive manner attracts great
interest since it can be done in a reliable and cost effective manner, offering personalized
sustainable services to patients.
These technologies aim to increase efficiency in health care treatments, improve quality of life,
increase commitment to evidence-based medicine, empowerment of patients and consumers, and
the development of new and more intimate relationships between patients and health care
professionals. From a more abstract point-of-view, e-Health can be used to spread, share and relate
health information through both patients and health professionals.
2.1.1 Mission
Improving the health of millions of people through Care Health Bucket to inspire hope, and
contribute to health and well-being by providing the best care to every patient through integrated
clinical practice and education.
2.1.2 Vision
Our vision is to improve quality and reducing the cost of health care for patients in the
communities we serve, Care Health Bucket is providing high value healthcare and delivering
excellent clinical quality, patient safety, and services.
2.1.3 Goals
The goals of Care Health Bucket are following
ā¢ To contribute to care integration and to support people with long term conditions.
ā¢ To improve the safety of people taking medicines and their effective use.
ā¢ To reduce medical issues of senior citizen or disable.
ā¢ Build a consumer-focused integrated primary health care system;
ā¢ Increase the focus on health promotion and medical issues.
8. 3
ā¢ Improve quality, safety, performance and accountability.
How doctors can register at CARE HEALTH BUCKET?
There are two ways a doctor can register with Care Health Bucket. They can visit oladoc.com
and sign up (as a doctor) by providing the relevant information to validate their credentials and
create their online profile. Alternatively, they can also contact CARE HEALTH BUCKET
contact No (051-5951825) to register and build their online profile as well as receive āCARE
HEALTH BUCKETā app to digitally manage their practice.
Why should you use Care Health Bucket?
With only 1 doctor per 1,000 patients in the country, most of the patients either visit an
unqualified doctor (often a quack), which often leads to further deterioration of health. Finding
the right doctor or specialist for a patientās medical condition remains a big challenge in Pakistan
ā and Care Health Bucket is helping Pakistanis overcome this challenge by creating transparency
in this opaque industry. Care Health Bucket not only shows the doctorsā list to its users, but it
also allows them to read reviews and recommendations for doctors that are submitted by other
users, thereby helping its users find the best doctors for their needs.
2.2 STRUCTURE
2.2.1 LEGAL STATUS
Care Health Bucket is a partnership Business. While starting the business with 1500,000 capital
equally distributed within three partners. All the partners can get the equal share of profit and as
well as loss.
2.3 INDUSTRY:
2.3.1 TRENDS:
According to data reported by the Office of the National Coordinator for Health Information
Technology. Large vendors predominate in the hospital market, while an increasing number of
EHR companies serve physician practices. Healthcare has historically been slow to adopt
technology, the industry is about to witness significant changes over the next several years.
9. 4
Leading companies are already redefining themselves with digital transformation, applied to their
main functional areas with customer-centric approach.
2.3.2 FUTURE POSSIBILITIES:
If we can look at the data, we can draw conclusions. We will change your lifestyle. Engaged
patients will relieve the healthcare system. Patients recover much faster if they are actively
involved in their treatment. If patients can access their test results, they will draw their own
conclusions based on their data. Patients will notice relationships in the data.
10. 5
3 MARKETING PLAN
3.1 MARKET SIZE:
Care Health Bucket categorizes their customer in three main group. Our primary target is the
senior citizen then disables and after then we will accommodate the others
Care Health Bucket 50% target the population of senior citizen then 40% target the disables after
then only 10% the Care Health Bucket focusses the others. The majority of cities in Pakistan
facilitate telecommunications links, more than 1800 cities of Pakistan have access to 531,787
broadband connections and 400 cities are on Fiber Optic, giving possibility to access universal
health information. Implementation of any information system at the start is not up to the mark
but it will also provide solutions usually in emergency situations (Dr.Bahadur, Dr Allah., 2014)
(https://pdfs.semanticscholar.org/a795/88fe2efdb5b0949fda6005be204c711bfb71.pdf)
Sales
SENIOR CITIZEN
DISABLE PEOPLE
OTHERS
11. 6
3.2 CURRENT MARKET SHARE:
Care Health Bucket is in launching stage so currently market share is on starting point
which can be calculated after launching. Docthers is operating in Karachi only and has
16k+ lives enrolled in health and wellness plan. Healthwire have 100+ downloads and have
4.9 rating.
3.3 TARGET MARKET:
We are targeting the Senior Citizens and disable people living in Islamabad and
Rawalpindi to bring them out for checkup and are in search of home based care.
3.4 COMPETITITON:
We have some competitors like Health Wire, doctHERS but no app provides all these services
under one application and so this gap is filled by Care Health Bucket. Providing accurate, up-to-
date, and complete information about patients at the point of care, enabling quick access to patient
records for more coordinated, efficient care, securely sharing electronic information with patients
and other clinicians.
ā¢ DoctHERS Ā¾ of medical school graduates in Pakistan are women, yet only Ā¼ are currently
practicing. DoctHERS is addressing these failures by connecting qualified female doctors
to healthcare consumers. They are providing patient centred primary care, Integrated
Healthcare, Digital health solutions. It is operating in Karachi only.
ā¢ HealthWire is on a mission to digitize clinics and hospitals all over Pakistan.
12. 7
3.5 CHANNEL OF DISTRIBUTION:
We donāt have any distribution channels as we will perform all business activities online. The
reports will be sent to the customers via email
3.6 SALES STRATEGY:
Initially we are offering 10% discount to our first 50 customers and free sampling, free
medical camping to increase sales. We will also use public relations, advertising, direct
marketing, and email marketing, seminars, social media marketing, sales promotions to
enhance our sales
3.7 BUSINESS 4Ps:
3.7.1 SERVICES:
Care Health Bucket is service oriented Business, providing different services such as
ā¢ Male and female nurses for day and night, availability of doctors at home during
night, providing medical test facilities for disable persons at home,
ā¢ Lab facilities, online diagnosis
ā¢ Immediate blood in case of emergency,
ā¢ Free counseling to patients and First Aid Training.
CALL US
BOOK US
GET AN
APPOINTMENT
GET SAMPLE
COLLECTED
LAB TESTING GET REPORTS
DELIVERED
13. 8
It is not possible for doctors to check 1000 patients in a day but through Care Health Bucket
now itās easy to check their patients with in no time bracket.
3.7.2 PRICE:
With the high cost of healthcare in the PAKISTAN. Price is among the highest concerns for
prospective patients, especially those without comprehensive health insurance coverage.
Price not only refers to the monetary value of services, but also the time or effort the
customer is willing to expend to acquire it. This, in and of itself, is why this āPā is one of the
most important. If price is too high or too low, the product ā and brand ā could fail. Care
Health Bucket will charge according to the type of service per hour charges will be charge on
blood donation, first aid training will be free, and calling facility will be free.
Description Prices / cost
Doctor fee 1000
Nurse Fee 1000
Lab fee 200
Urine test fee 350
Sugar test fee 1850
Liver function test 1500
Hepatic Fluid For Fungus Stain/Fungal Smear
(KOH)
650
Thyroid Function Test (T3, T4, TSH) (TFT) 3000
Iron stratus profile 2200
Lipid Profile test 2000
Hepatic Fluid For Fungus C/S e Fungus
Stain(KOH)
2100
Hepatitis "B" Profile 8800
Iron / Fe Level (Serum) 600
Blood test fee 650
3.7.3 PLACEMENT:
Vital services, no matter how inexpensive, must be made available to patients to be effective.
If the services are only available in locations or during hours where the patients cannot access
them, then the patients remain at risk and the providers miss out on the opportunity to treat
them. Providers can seek out new locations, expand operating hours, offer walk-in or same-
day appointments and reach out into local communities to offer more access to healthcare
services and stand out from the competition. Care Health Bucket is initially covering twin cities
(Islamabad/Rawalpindi) main office located in I-9 Islamabad.
14. 9
3.7.4 PROMOTION:
Now, how to make an audience aware of the product? Within the framework of the four Ps,
promotion refers primarily to marketing communications. These communications use
channels such as public relations, advertising, direct marketing, email marketing, seminars,
social media marketing, or sales promotions; think of it as any way marketers disseminate
relevant services information to their target customers. We will make an advertisement video
which will be posted on all social media platforms which will help to advertise our brand.
In addition to the advertisement we will make a website which will be advertised via
different social media platforms.
We will use demo app marketing as This is our opportunity to show what we have and we
never know what is going to get a customer excited so I like to include bunches of tabs and if
they buy, then we just have to go thru the tabs and add & delete tabs to get to our finished
product.
Care Health Bucket makes it easier for any consumer to use their services via any digital
platform. Care Health Bucket app will be launched in November 2019 their service will be
accessible from mobile apps,
ā¢ App Store (iOS)
ā¢ Google Play (Android)
ā¢ Initially we are offering 10% discount to our first 50 customers
ā¢ Free sampling
ā¢ Free medical camping
15. 10
4 SWOT ANALYSIS:
What makes SWOT particularly powerful is that, with a little thought, it can help you uncover
opportunities that you are well-placed to exploit. And by understanding the weaknesses of your
business, you can manage and eliminate threats that would otherwise catch you unawares. More
than this, by looking at yourself and your competitors using the SWOT framework, you can start
to craft a strategy that helps you distinguish yourself from your competitors, so that you can
compete successfully in your market.
Strengths and weaknesses are often internal to your organization, while opportunities and threats
generally relate to external factors. For this reason, SWOT is sometimes called Internal-External
Analysis and the SWOT Matrix is sometimes called an IE Matrix.
4.1 STRENGTH:
Following are the strengths of Care Health Bucket:
ā¢ Low rates
ā¢ HRM
ā¢ Business Model
ā¢ Qualified doctors
ā¢ Well equipped
Customers can fully trust on Care Health Bucket and our products because of well qualified doctors
and well qualified labs that can attract customers as well as increase the satisfaction level of the
customers and low rates.
4.2 WEAKNESS:
Following are the weaknesses of Care Health Bucket:
ā¢ Technical difficulties
16. 11
ā¢ Reliability of communication channel
ā¢ Dependence on technology
ā¢ Rapid change in technology
ā¢ Requires expertise
4.3 OPPORTUNITIES:
Following are the opportunities of Care Health Bucket:
ā¢ Increase in demand for medical services
ā¢ provide the desired facilities with uniqueness
ā¢ . It will provide a way to attract patients in a need for home services.
As we know there is increase in demand for medical services so we have an opportunity to - It
could help health providers in supplying quality, fast, and economical medical services to disable
and senior citizens. It will provide a way to attract patients in a need for home services.
4.4 THREATS:
Following are the threats of Care Health Bucket:
ā¢ Our competitors
ā¢ Rapid change in Technology
ā¢ Errors
E-Health industry has grown and many brands like Health Wire, doctHERS, CareACTIONS, Sehat
etc. These brands are our threats.
17. 12
5 OPERATIONAL PLAN:
Following is the detail about the operational plan of our business:
5.1 APPLICATION DESIGN:
Our app has these five components:
1: Providing male and female nurses for day and night.
2: Availability of doctors at home during night.
3: Providing medical test facilities for disable persons at home.
4: Providing immediate blood in case of emergency.
5: First Aid Training or Video consultation.
We will hire different doctors for different hours who will be available for the patients at their
decided time. In this way we will provide 24 hoursā services with the help of different doctors on
daily basis. The patients they will check by visiting them will be charged a reasonable fee which
60% will be given to the doctors and 40% will be our profit.
Following are the tests facilities will be provided to the people at home:
1. Complete Blood Count:
2. Liver Function Test:
3. Lipid Profile Test:
4. Blood Sugar Test:
5. Hepatitis Test:
6. Thyroid Stimulating Hormone Test:
7. Iron Tests:
5.2 PRODUCT DEVELOPMENT STAGES:
We will make our office and testing laboratory in I-9 Islamabad where we will make our office.
The delivery of reports will be done by online. In our office 2 persons will be hired to control
everything and manage app. All the calls will be received by the staff in office.
Medical laboratory professionals will also be hired to perform all the medical tests of the patients
and make the reports.
We will also hire professionals who will provide free online first aid training to give the necessary
information to handle a situation where the basic first aid is required.
18. 13
We will make an online blood bank in which the donors will donate the blood and it will be
supplied to the patient in case of emergency.
5.3 MAINTENANCE AND SUPPORT:
All the maintenance will be done by the persons hired who will manage everything at time. The
support will be given by us as we will visit the office on daily basis to check everything.
19. 14
6 MANAGEMENT PLAN
6.1 ORGANIZATION CHART:
In the organization the CEO will be the higher ranking executive who will have primary
responsibilities including making major corporate decisions, managing the overall operations and
resources of a Business.
CEO
Controllers
Doctors
Lab
Professionals
Technical
Assistant
Marketing
Managers
Managers
Distributers
20. 15
After CEO the doctors and lab professionals will have all the responsibilities who will visit patients
and examine, diagnose and treat patients. After doctors and the budget officer will work who will
implement budgeting and financial record keeping procedures to ensure efficient coordination of
various departmental, grant, and designated accounts, maintains accurate information regarding
the financial status of the cost center, advises the immediate supervisor regarding financial
decisions. The distributers will work under the Lab professionals who will distribute the reports to
the patients.
7 DESIGN AND DEVELOPMENT PLAN
7.1 APPLICATION DESIGN:
Our application is designed specially to help disable and old age people but we will provide
services to anyone who needs it.Our application CARE HEALTH BUCKET is a unique idea as no
existing application provides all these facilities under one unit so we are filling a market Gap. Our
app is easy to use and provides different facilities. A videos will be posted on social media which
will provide awareness to the people about it. We will reach the audience via social media.
We will coordinate with software developer to develop the app for us which will have:
7.2 Quality in Design:
As said by the Steve Jobs, "Design is not just what it looks like & feels like. The design is how it
actually works." The logic for the mobile app technical aspect is, if it's presented in an easy way,
with easy-to-use navigation, it will be appreciated by users (keeping in minds the stages of UI/UX
design) that will be used to create and deliver mobile applications for our clients.
7.3 Easy to Use:
Our product will be easy to use as it will be presented in an easy way as we aim to solve the
problems and facilitate the people as much as we can.
21. 16
8 DEVELOPMENT PLAN:
Our application is service based in which the application named CARE HEALTH BUCKET will
be made to facilitate the disable and senior citizen.
We will make an office in which all the workings will be controlled in the office. The controllers,
lab professionals and doctors will be hired. In this way our application will be developed. To ensure
that our app receives higher visibility in the market and gain many of downloads; we will consider
different app marketing techniques, including social media marketing, referral marketing, etc.
We will also work for organizational development by Continuous improvement where strategies
are planned, implemented, evaluated, improved and monitored. We will also increase
communication as Candid communication leads to increased understanding of the need for change
within the organization. Communication will be open across all levels of the organization and
relevant feedback will be recurrently shared for improvement.
We will also work for product and service enhancement. A major benefit is innovation, which
leads to product and service enhancement. Innovation is achieved through employee development,
which focuses on rewarding successes and boosting motivation and morale.
22. 17
8.1 Partnership business:
Care Health Bucket is a partnership business. It will be registered as a Partnership business.
. They will work on commission basis, Those doctors who donāt have any job are are in need of
part time income will contact us and will get there selves registered with our application for the
sake of money and the same procedures applies for nurses.
This Business consists of three partners
ā¢ Khaula Khalid (CEO)
ā¢ Javeria Haider (Controller)
ā¢ Sana Kaleem (Marketing Manager)
23. 18
8.2 CAPITAL REQUIREMENTS:
All the business partners invest equally. All the partners can get the equal share of profit and as
well as loss because of the ratio of the capital.
8.3 COST ADVANTAGES:
Care Health Bucket contributes in improving patient and provide interaction and communication,
as well as health care convenience. Enabling providers to improve efficiency and meet
their business goals. It also helps in reducing costs through decreased paperwork, improved
safety, reduced duplication of testing, and improved health. Helping promote legible, complete
documentation and accurate, streamlined coding and billing, Enhancing privacy and security of
patient data and Helping providers improve productivity and work-life balance
8.4 GOVERNMENT REGULATION:
Healthcare technology is at a pivotal moment in its development. The healthcare industry is primed
to take advantage of the innovative tools that technology can provide and governments are positive
as to the potential healthcare cost savings that are expected to follow. Regulators around the world
are increasingly starting to acknowledge that conventional approaches to regulation may act as an
impediment to digital innovation in healthcare and are looking to modernize health regulation. But
we are still a long way off an environment where regulation has caught up with technology.
24. 19
9 UNIQUENESS IN OUR SERVICES:
ā¢ We are offering our customers a great facility of tests at home for old age and disable
people whose family are busy in their routine and are unable to take them to the labs or
hospitals.
ā¢ In addition to this we are providing male and female nurses for full day and night because
male and female nurses are hard to find now a day.
ā¢ The people can trust the nurses as they will be linked to our application. We will provide
online first aid training for free.
ā¢ If a person is in a need of doctorās help, then he can call and talk to doctor to take the first
aid. We will also provide immediate blood to the customers in case of emergency.
ā¢ The most important aspect is that our customerās will have trust on our app due to well
qualified doctors, well equipped labs and trust worthy nurses.
ā¢ The customers can easily coordinate without the wastage of time and money. We are also
offering different type of tests for which the people will not have to take the senior citizens
and disable people to the hospitals because we will collect the samples at their home and
we will email the reports.
ā¢ We have a competitor like DoctHERS is no provides all these services under one
application and so this gap is filled by Care Health Bucket. providing accurate, up-to-date,
and complete information about patients at the point of care, Enabling quick access to
patient records for more coordinated, efficient care, Securely sharing electronic
information with patients and other clinicians , Helping providers more effectively
diagnose patients, reduce medical errors, and provide safer care, Improving patient and
provider interaction and communication, as well as health care convenience, Enabling
safer, more reliable prescribing , Helping promote legible, complete documentation and
accurate, streamlined coding and billing, Enhancing privacy and security of patient data,
Helping providers improve productivity and work-life balance , providers to improve
efficiency and meet their business goals , Reducing costs through decreased paperwork,
improved safety, reduced duplication of testing, and improved health
25. 20
10 FINANCIAL MANAGEMENT:
PROJECT STARTUP COST
Following requirements have been identified for operations of the proposed business.
10.1 Sources of Funds
Khaulaās Capital Rs. 500,000
Javeriaās Capital Rs. 500,000
Sanaās Capital Rs. 600,000
Total Sources of Funds Rs.1,600,000
10.2 Table: STARTUP COST
START UP COST
START UP COST AMOUNT AMOUNT
Pre-Opening Salary expense 80,000
Marketing and advertising 30,000
Advance Rent 360,000
Total startup expense 470,000
Furniture and Fixture 300,000
office equipment 200,000
Vehicle 100,000
app development 50,000
cash reserve 480,000
Total startup assets 1130000
Total Startup Cost 1600000
26. 21
10.3 Income Statement:
Care Health Bucket
Projected Income Statement
For the Period Ended July 31, 2019
Revenue 3,000,000
Less: Operating Expenses
Non-Cash Expenses
Depreciation on Furniture 10,000
Depreciation Office Equipment 15,000
Depreciation on Vehicle 5,000
Amortization of App Development 5,000
Cash Expense
Administration Expenses 25,000
Telephone Expense 30,000
Electricity Expenses 150,000
Gas Expenses 30,000
Water Expenses 20,000
Fuel Expenses 100,000
Rent Expenses 360,000
Salaries Expenses per year 360,000
Total Operating (Cash Expenses) 1,075,000
Net Profit before tax 1,925,000
Tax Amount (15%) (108,750)
Net Profit After Tax 1,816,253
Net Profit of each
Partner
605,417
Notes:
Depreciation on Furniture: (5% by Straight line method) = 300,000*5%= 15000
Depreciation on Office Equipment: (5% by Straight line method) = 200,000*5%= 10,000
Depreciation on Vehicles: (5% by Straight line method) = 100,000*5% = 5000
27. 22
10.4 Balance Sheet:
Care Health Bucket
Projected Balance Sheet
For the Period Ended July 31, 2019
Assets Amount(Rs)
Current Assets
Cash 2,406,250
Other Cash/Contingency Cash 295,000
Decoration 100,000
Total Current Assets 2,801,250
Fixed Assets
Equipment =200,000
(Less Depreciation) =10,000
190,000
Furniture and Fixture =300,000
(Less Depreciation) = 15,000
285,000
Vehicles =100,000
(Less Depreciation) = 5,000
95,000
App Development = 50,000
(less amortization) = 5000
45,000
Total Fixed Assets 615,000
Total Assets 3,416,250
Liabilities and Capital
Capital
Partnerās Equity= 1,600,000
(Add Net Profit)= 1,816,250
3,416,250
Total Liabilities& Capital 3,416,250
28. 23
10.5 Cash Flow Statement:
CARE HEALTH BUCKET
STATEMENT OF CASH FLOW
FOR THE PERIOD ENDED JULY 31, 2019
OPERATING ACTIVITIES:
Cash received from customers Rs. 3000,000
Cash outflow to taxes (Rs.108,750)
Cash outflow for Operating Expenses (Rs.1,075,000)
Net Cash inflow from Operating Activities Rs. 1,816,250
INVESTING ACTIVITIES
Office Furniture (Rs. 200,000)
Office Equipment (Rs. 300,000)
Advance Rent (RS. 360,000)
Vehicle Expense (Rs. 50,000)
App Development (Rs. 50,000)
Net Cash Outflow From Investing Activities (Rs.1,010,000)
FINANCING ACTIVITIES
Partner Aās Capital Rs. 600,000
Partner Bās Capital Rs. 500,000
Partner Cās Capital Rs. 500,000
Net Cash Flow from Financing Activities Rs.1,600,000
Net Cash 2,406,250
31. 26
SANA KALEEM
ABDUL HAI KALEEM
House#3, street#6/4
Jamilabad Taxila
Wah cantt
Sani2k17@gmail.com ( 03110517596)
Seeking employment preferably in a competitive and challenging environment where the scope
for future advancement exists and encouraged by the organization
EXPERIENCE:
ā¢ Wah industry Ltd
From 21 June 2018 to 22 August 2018
Job experience AS INTERNSHIP in sale and marketing department
ā¢ J.S Bank wah cantt
From 21 Nov 2016 to 13 Jan 2017
Job experience as an internee in operation Department as well as Account department
ā¢ Green city public school
From 15 August 2016 to September 2017
Job experience as a teacher as well as Account department
Experience for making marketing strategy for CP department of wah industry Ltd
EXPERIENCE FOR successfully organizing Awareness Seminar on Breast Cancer
EDUCATION:
MBA3.5 years converted in BBS continue from NUML Islamabad
Bachelor of commerce
From āUniversity of Punjabā in 2016,
Higher secondary school certificate
Conducted by Federal Board of intermediate and Secondary in 2014
Secondary School Certificate
Examination passed from Federal Board of intermediate & secondary in 2012
Introductory Computer Course
32. 27
Conducted by P.O.F Welfare Computer Centre in 2012
SKILLS :
Good communication
MS word
MS excel
Power point
ACTIVITIES:
Certificate from NUML university for Organizing Awareness Seminar on Breast Cancer
33. 28
KHAULA KHALID
Khaulakhalid@yahoo.com
ā¢ PERSONAL INFORMATION:
NAME: KHAULA KHALID
DATE OF BIRTH: 1ST
Nov, 1987
RELIGION: ISLAM
CELL NO: 0331-5407722
LANGUAGES: English, Urdu, Punjabi
ā¢ OBJECTIVE:
To make positive contribution as a part of your dynamic and well reputed organization in a
position where my experience, abilities, technical, management, decision making and
communication skills will be utilized and enhanced.
ā¢ ACADEMIC QUALIFICATION
ā¢ Masters in Business Administration (Executive) In-process
(Numl Islamabad ) 2016-2018
ā¢ Bachelors in Commerce
(Rawalpindi College of Commerce) 2007-2009
ā¢ Intermediate in commerce
(H-8 Girls College Islamabad) 2005-2007
ā¢ PROFESSIONAL EXPERIENCE:
34. 29
ā¢ Working at āFauji Foundation Head Officeā as an Assistant Finance from
March 2014 to onwards.
My major duties are to look after all financial matters of 150 projects (Fauji Foundation
Schools and 75 FFVocational and Technical Training Center.
ā¢ Worked as IELTS instructor and Admin Officer at British Council Registered
Institute from April 2011- January 2014
Here my responsibilities were to handle all official and financial matters of office and
besides to discuss IELTS related lectures to students.
ā¢ Worked as a Finance Officer at Fauji Security Services from Feb-2009 ā Dec 2010.
My key tasks were to handle all finance related issues of employees of FSS.
ā¢ COMPUTER SKILLS
ā¢ Oracle Financial
ā¢ Ms Excel
ā¢ Ms Word
ā¢ MS PowerPoint
ā¢ E-Office
ā¢ REFERENCES
References will be provided on demand
35. 30
JAVERIA HAIDER
Javeriahaider273@gmail.com
ACADEMICS:
2017-2021 Bachelors of Business Studies
National University of Modern Languages.
Continue
2015-2017 Bachelor of Commerce
Punjab University, Lahore
65% marks
2013-2015 Intermediate
Punjab College Barakahu, Islamabad
67% marks
2011-2013 Matric
The Educators, Barakahu , Islamabad
82% marks
INTERNSHIP EXPERIENCES:
ā¢ Worked as Internee at Askaribank Ltd, Barakahu Branch, Islamabad
since 04 June,2018 to 03 August, 2018
My areas of works included
o Accounts Manager
ADDRESS: Mane lane Simly Valley Colony, Bharakahu,
Islamabad
Phone no: 03205487860
36. 31
OBJECTIVE :
To gain experience in the field of accounting and utilize my skills, in order to increase
productivity of organization and individual growth.
SKILLS
ā¢ Ms Office
ā¢ Quick learner
ā¢ Ms Excel
ā¢ Flexible
ā¢ Time Management
PERSONAL DETAILS
ā¢ Fatherās Name Shehzad Haider
ā¢ Date of Birth 3rd May 1998
ā¢ Interests Marketing, Accounting and Finance
ACHIEVEMENTS
Won badminton championship at intercollege competition.
REFRENCE
Can be provided if asked for