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Feasibility studies in healthcare are research studies that are conducted to assess the practicality and potential success of a proposed healthcare project, program or service. They are used to evaluate the potential benefits and drawbacks of a proposed healthcare initiative, as well as to identify any potential barriers or challenges that may need to be addressed before moving forward.
Feasibility studies typically involve several key components, including:
Market analysis: This assesses the potential demand for the proposed healthcare initiative and the size of the target population.
Technical analysis: This assesses the technical and operational feasibility of the proposed healthcare initiative, including the availability of necessary resources and equipment.
Financial analysis: This assesses the financial feasibility of the proposed healthcare initiative, including the costs and potential revenue streams.
Organizational analysis: This assesses the organizational and management feasibility of the proposed healthcare initiative, including the availability of necessary personnel and support.
Legal and regulatory analysis: This assesses the legal and regulatory requirements for the proposed healthcare initiative and identifies any potential compliance issues.
Feasibility studies are useful for healthcare organizations, policymakers and researchers to identify whether a proposed initiative or project is likely to be successful and sustainable. They can also help identify any potential issues that need to be addressed before moving forward with the project, as well as providing insights into the resources required for its implementation.
Feasibility studies can be time-consuming and resource-intensive, but they are considered to be a valuable tool in the early stages of planning and implementing a new healthcare initiative, program or service.
About 35% of delays in studies are due to patient recruitment. Nearly one-fifth of the participating investigators do not enroll any patients, and about one-third only enroll 5% of potential patients. …
Published Jan 1, 2022 Feasibility Studies
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