Venture Concept No. 1

Opportunity

My thoughts are that without a doubt we have an opportunity belief within the field. There are a countless amount of people aging every day. This is something no one can avoid, even if you try real hard. So, we understand that the process is a never-ending event that will eventually catch us all. I want to take advantage of this sad but true circumstance.

The facility that I want to create not only will attend to the elderly needs of those ages 65 and above. I will be combining something new, well, I think its new. I idea is to bring two different structures of health together.

Innovation

Bringing these two together

1. The rehabilitation center; “a facility providing therapy and training for rehabilitation. The center may offer occupational therapy, physical therapy, vocational training” as defined by Medical-dictinary.com. These factors are all thing necessary for anyone recovering from an injury or fall. As we age, we are more susceptible to falls and other aging related injuries, sadly this is just the way of life. Time stops for no one and as we age, we will wither to its unforgivable grip. According to the CDC “Americans experienced 29 million falls causing seven million injuries and costing an estimated $31 billion in annual Medicare costs”.  So, it is clear that there will always be business.

2. The recreational center: according to dictionary.cambridge.org a recreational center is “a building that is open to the public where meetings are held, sports are played, and there are activities available for young and old people”. Obviously, my service will only be for the elderly. We will provide a structural unite of employees all trained in different fields. We will offer: swimming classes, dance classes, pilates, and aerobic excursive, all to keep our patients physically active. Within this structure we will also offer community gardening. As a biology student I was explained in a plat course I attended that the University of Florida has researched the health benefits of community gardening in relations to mental health. They have found promising evidence that it helps fight depression in cancer patients. I will apply these same techniques to help those fighting depression. With age we will all come to know loss and suffer from depression. This will hopefully give them the tools they need to move past this and find comfort within our facility. If they find themselves alone, they can come join our family, well that feels like a slogan.

Venture Concept

Founding, this is always the question to ask where will the money come from? Who will pay for all of this? I will admit start up capital will be nonetheless demanding but not impossible. We can start small with just a rehabilitation center providing primary care.

This will be founded by Medicaid and Medicare:

Medicaid: As defined by HHS.gov is a “insurance program. Medical bills are paid from trust funds which those covered have paid into. It serves people over 65 primarily, whatever their income; and serves younger disabled people and dialysis patients.”

Medicare: As defined by HHS.gov “is an assistance program. It serves low-income people of every age. Patients usually pay no part of costs for covered medical expenses. A small co-payment is sometimes required.”

Both these government founded/controlled programs will fund the rehabilitation start-up allowing for the progression and build-up of the recreational center. Also, patients that attend the rehabilitation will be encouraged to continue their journey within the recreational sector.

The recreation sector funding:

The sector will be funded privately will a membership-based fee. Just like you would expect at any local gym or whole food sales store. With monthly or yearly payments required. This allows for a wide range of charges giving our costumers flexibility in their payment plans. To assist our costumers with the ability to pay an online-based membership charge we will offer classes to teach or costumer how to use computers and how to make payments, not only for our facility but any other charges hay might have t pay using an online system.

Creating a flexible payment system will allow my costumer to transition to my service with ease. This will only provide peace of mind and allow them to trust us with their money and memberships. “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” Teaching them will only allow me to charge fees more effectively and allow my costumer to continue payments.

Costumer support and any other costumer needs will be met with the Publix mentality. Structuring my work environment similar to the great supermarket, “where shopping is a pleasure”, will led to a happy employee which gives the drive and emotional tools to provide an excellent service.  

The three minor elements

 My most important resource will be me; my knowledge of the physical and natural world, my understanding of nutrition, and my future career. All will provide me with the tools necessary for an insight on what aging people need.  I don’t see anything that could be next except creating a hospital. Assuming I launch, I see myself in every major city with a high population percentage of retired individuals.