• Board Training & Development
• Collaboration & Strategic Alliances
• Community Health Assessment
• Market Research
• Meeting Facilitation
• Needs Assessment
• Operations Analysis
• Organizational Development
• Product/Market Development Planning
• Program Development & Grant Writing
• Project Management
• Strategic Planning
• Succession Planning
• Sustainable Business Model
• Systems Analysis & Redesign
• Visioning

Creating a Sustainable Business Model

Sustaining your healthcare organization means having the right combination of programs, services and diverse funding streams. Growth in your organization requires having a clear grasp of your market(s); expertise to adapt to changing expectations, and the ability to retool or develop products and services that a client, funder or donor will “buy” through their strategic investments.  

A sustainable business model for your organization includes an appropriate balance of:

• Fee for service revenue for programs/services/products
• Grant funded programs
• Revenue from a social enterprise (if applicable)
• Annual fundraising
• Revenue from investments/endowment

Many organizations are over-reliant on one single funding stream or major donor. If that funding is decreased, there is no easy way to balance the budget.  Annual fundraising as a percentage of total revenue is increasingly difficult to maintain. The answer for healthcare organizations is to set realistic goals to diversify their funding streams. This helps them achieve a better “balance” of funding in their business model. While many set the goal to diversify their funding streams, they often lack the understanding to achieve true diversity. At Strategy Solutions, we not only determine specific goals for each funding stream, we also create concrete strategies and action steps to accomplish them.