What is a certificate of need?
In order to open a new healthcare business, transfer ownership, or add or remove designated services, 34 states require a certificate of need (CON). A CON is a legal document produced by the state that certifies there is need for the business development in the state based on demographics, utilization of similar services, and financial feasibility.
This is what your CON expert does for you:
Demographic Analysis
Review the demographics of your service area with attention to race, gender, age, insurance, and income.
Utilization Research
Consult national and statewide reports to determine how many people need your service.
Financial Feasibility
Forecast future utilization of your service based on current and past need in your service area.