DermQueen | Application Preview
DermQueen is seeking government grants to ensure the continuity of its dermatology practice, which is at risk of closing due to the current owner's departure. The funding will help maintain operations and support the local community, especially for uninsured patients who require essential medical services.
The business plan focuses on expanding services to accommodate all patients, particularly those who are uninsured and struggle to afford necessary care. The goal is to provide a range of free or discounted services to those in need.
The appeal for funding emphasizes DermQueen's commitment to serving underserved populations. As the only practice in the area accepting Medicaid, it has quickly established a strong reputation, evidenced by nearly 100 five-star reviews within its first year.
In terms of competition, DermQueen competes with Barrett and Geiss Dermatology and Oakview Dermatology. Its key advantages include being the sole provider that accepts Medicaid and offering shorter wait times for appointments, enhancing accessibility for patients who might otherwise face barriers to care.
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General Information
Business Registration Number: 83-3318848
Location: Columbus, OH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
I will use the funding to continue operation of the practice. The current dermatologist who owns the practice is leaving and wants to shut down the practice. I need funding to help keep this location open for the community and for my current patients.
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Business Plan
By offering as many services as we can to help all patients. Patients come in that are uninsured and are unable to pay for services that are medically necessary. These grants will help cover costs for those patients. I would like to offer x amount of free or discounted services to patients in need that are unable to find care for themselves. This practice is dedicated to helping patients who are underserved. We are the only practice in the city and surrounding that accepts Medicaid. We've only been open a year but the almost 100 five star google reviews speak for themselves. We strive on excellence and making sure our patients receive the best and most up to date care.
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Self Identified Competition
Barrett and Geiss Dermatology and Oakview Dermatology As previously stated above we are the only practice that sees Medicaid. Our wait time is also less than both other practices to get appointments.
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