Hospice & Home Care Agency – 5 Year Financial Model (Excel XLSX)

BENEFITS OF THIS EXCEL DOCUMENT

1. Provides a 5-year financial forecast for a Hospice & Home Care Agency
2. Suitable for either a startup or operating company
3. Includes all necessary data needed to forecast company's financial and operational activities

HOME CARE EXCEL DESCRIPTION

This product (Hospice & Home Care Agency – 5 Year Financial Model) is an Excel template (XLSX), which you can download immediately upon purchase.

A hospice and home care agency provides medical, personal, and emotional support services to individuals who are dealing with chronic illnesses, disabilities, or end-of-life care needs. These agencies offer a range of in-home services tailored to improve the quality of life for patients while allowing them to stay in the comfort of their own homes. Hospice and home care agencies play an essential role in providing compassionate, patient-centered care that prioritizes comfort, dignity, and quality of life for patients and support for families.

Hospice care is specifically designed for patients who are in the final stages of a terminal illness, typically with a prognosis of six months or less to live. The focus is on comfort rather than curative treatment. Home care agencies support individuals who need assistance with daily activities due to aging, illness, disability, or recovery from surgery. This care can range from basic personal support to skilled medical care.

This Financial Model presents a business scenario of a Hospice & Home Care Agency offering a variety of services and is a flexible tool for business owners to forecast their financial and operational activities. It includes assumptions for Customer Acquisition through Paid and Organic Marketing, 4 different Services per Care Type, Revenue Assumptions (Service Days and Service Fees), Payroll, Operating Expenses, Fixed Assets & Depreciation, Financing through Debt & Equity and Exit Valuation assumptions in case of a potential sale of the business.

The structure of the template follows Financial Modeling Best Practices principles and is fully customizable.

Detailed instructions for the functionality of the model are included in the Excel file.

Model Inputs and Setup Reports:
•  General Setup Assumptions, incl. Starting Expenses (in case the business is a startup), Customer Acwuisition, Services Mix, Revenue & Direct Costs, Financing (Debt & Equity) and Valuation & Exit Assumptions
•  Payroll, OpEx and Annual Capex, incl. Depreciation Schedule
•  Monthly Budget Allocation
•  Forecast Scenarios

Monthly Output Reports:
•  Monthly Budget and Actual Reports
•  Budget Summary per Year
•  Budget vs. Actual Variance Analysis at a YTD and Monthly level

5-Year Forecast Output Reports:
•  Annual Financial Statements (3 Statement model)
•  Break-Even Analysis
•  KPIs & Financial Ratios, including several Profitability, Efficiency, Liquidity, and Leverage (Solvency) Ratios
•  Dupont Analysis
•  Performance Dashboard
•  Business Valuation, including DCF Model, Return Metrics (NPV, EV, IRR, MOIC, ROI, etc.), and Sensitivity Analysis
•  Investors Returns Waterfall Model
•  Professional Executive Summary

Help & Support

Committed to high quality and customer satisfaction, all our templates follow best-practice financial modeling principles and are thoughtfully and carefully designed, keeping the user's needs and comfort in mind.
Whether you have no experience or are well-versed in finance, accounting, and the use of Microsoft Excel, our professional financial models are the right tools to boost your business operations!
If you experience any difficulty while using this template and cannot find the appropriate guidance in the provided instructions, please feel free to contact us for assistance.
If you need a template customized for your business requirements, please e-mail us and provide a brief explanation of your specific needs.

Source: Best Practices in Home Care, Integrated Financial Model Excel: Hospice & Home Care Agency – 5 Year Financial Model Excel (XLSX) Spreadsheet, Profit Vision