Dermatology Center Financial Projection & Valuation Model (Excel XLSX)

BENEFITS OF DOCUMENT

1. Provides a comprehensive framework for forecasting revenue and expenses for a dermatology center over a 5-year period.
2. Enables effective financial planning by integrating staffing costs, direct expenses, and profitability analysis to support decision-making.
3. Offers user-friendly dashboards, financial statements, and validation checks to ensure accurate financial projections for dermatology centers.

DESCRIPTION

This product (Dermatology Center Financial Projection & Valuation Model) is an Excel template (XLSX), which you can download immediately upon purchase.

This financial model is specifically designed for a dermatology center, offering a comprehensive framework to forecast revenue, expenses, and profitability across various dermatology service streams. Both online and in-person visits are accommodated in this model.

The dermatology center employs dermatologists, dermatology support staff, and dedicated staff to offer a wide range of skincare and medical dermatology services. Treatments are organized into five key areas:
1. Consultations: Initial and follow-up assessments led by dermatologists (both general and specialized).
2. Dermatologist-Led Treatments: Performed by dermatologists, including medical interventions, surgeries, and complex skincare treatments (e.g., excisions, laser therapies).
3. Dermatology Support Staff-Led Services: Delivered by professionals like dermatology assistants and estheticians, focusing on routine care, skincare treatments, and patient support.
4. In-House Dedicated Staff Services: Managed by specialized personnel like laser technicians, wound care specialists, and imaging technicians, focusing on advanced cosmetic procedures, skincare treatments, and handling pharmacy sales.
5. Contracted Services: Outsourced to external providers for highly specialized procedures, advanced diagnostics, or pediatric dermatology.
The model addresses all key financial aspects, including revenue assumptions, direct costs, staffing expenses, and financing strategies. It provides monthly projections for 5 years, making it an indispensable tool for financial planning and analysis in dermatology centers.

Tabs in the Financial Model:

• Introduction Tabs:
•  The Index Tab presents a structured layout with hyperlinks to various tabs, including a DISCLAIMER section.
•  The Instructions & Description Tab provides a detailed guide on how to use the model and input data.

• Assumptions Tabs:
•  Revenue & COGS Assumptions Tab: Allows users to input revenue streams typical in a dermatology center, such as consultation fees, skin treatments, cosmetic procedures, laser treatments, and pharmacy sales.
•  Other Assumptions Tab: Includes general assumptions like tax rates, inflation, capital expenditure, one-time expenses, working capital, financing, SG&A expenses, and staffing.

• Output Tabs:
•  Dashboard Tab: Offers a visual snapshot of key financial metrics.
•  Sources and Uses Tab: Tracks inflow and outflow of funds (equity, debt, working capital).
•  Financial Ratios Tab: Compiles liquidity, solvency, profit, and return ratios.
•  Valuation & IRR Tab: Provides valuation using discounted cash flow (DCF) analysis and sensitivity analysis.
•  Common Size Statement Tab: Presents the profit and loss statement as a percentage of revenue.

• 5-Year Month-Wise Financial Statements:
•  P&L Statement Tab: Provides month-by-month projections of revenue, expenses, and profitability over 5 years.
•  Cash Flow Statement Tab: Tracks cash inflows and outflows across operating, investing, and financing activities.
•  Balance Sheet Tab: Presents monthly and yearly projections of assets, liabilities, and equity.

• Calculations Tab:
•  Revenue & COGS Tab: Provides a breakdown of forecasted revenue streams and related direct costs.
•  Staffing Expenses Tab: Tracks salaries, benefits, and headcount.
•  Capex Tab: Details capital expenditures and tracks depreciation.
•  Financing Tab: Offers insights into loan inflows, interest payments, and principal repayments. It also calculates total funding requirements from equity contributions.
•  Income Tax Tab: Breaks down monthly tax liabilities and expenses.

• Graphical Presentation Tabs:
•  KPIs Overview Tab and Revenue Analytics Tab: Visualizes key performance indicators and revenue growth across service categories.
•  Profitability Analysis Tab: Displays graphs for Gross Profit, EBITDA, and Net Income.
•  Expenses Composition Analysis Tab: Breaks down major expense categories.
•  Cash Flow Graphs: Visualize liquidity management.
•  Balance Sheet Insights Tab: Highlights assets, liabilities, and key ratios like the current ratio and debt-to-equity.


Validation Checks:
To ensure the accuracy of the model, validation checks are integrated across various tabs to identify potential errors or inconsistencies. In each tab, cell A4 aggregates the results from all check cells located at the bottom of the tabs. These cells display a green tick mark (✔) if no issues are detected, and a red cross (✖) if errors are found. The primary model check can also be found in cell D11 of the Index tab and in cell A3 of all other tabs. If all tabs pass validation, the model will display two green tick marks (✔✔). However, if an error is present in one or more tabs, two red crosses (✖✖) will appear, indicating that attention is needed.

Summary:
This Dermatology Center Financial Model provides a complete and user-friendly framework for forecasting financial outcomes over a 5-year period. Covering all essential aspects of financial planning, it offers validation checks, dashboards, and graphs for easy navigation and analysis.

Technical Specifications:
• No VBA or Macros: The model is free of any VBA or macro components.
• Circular Reference-Free: The model does not contain iterative calculations.
• Excel Compatibility: Fully compatible with Microsoft Excel 2010 and later versions. Some graphs are fully functional only in Excel 2021 or Microsoft 365.
For any challenges encountered or custom requirements, our support team is available to provide assistance and tailor the model to specific dermatology center needs.

Source: Best Practices in Integrated Financial Model, Healthcare Excel: Dermatology Center Financial Projection & Valuation Model Excel (XLSX) Spreadsheet, ExcelFinModels