Financial Feasibility Analysis to Operate a Free-Standing Birth Center in Manhattan

Client
Friends of the Birth Center
Faculty
Rona Affoumado and Amy Goldman
Team
Ted Chiu, Stacian Davis, Andrew Fish, Brenda Hurtubise, Shannon Kostrowski, Dahla Louis

Friends of the Birth Center (FBC) is a nonprofit organization striving to create a state-of-the-art green design out-of-hospital birth and womens’ health center in Manhattan promoting access to midwifery care for all women in New York City. The Capstone team’s project was to develop and analyze the initial startup and 5-year operating budgets and the different business models of operations in order to help FBC management and Board understand the financial implications of the project. The team gathered information from statistical research, conducted interviews with health care experts from birth centers and other industry experts, compiled best practices, and utilized preliminary financial estimates provided by FBC and sophisticated budget analysis tools to prepare a detailed report in response to FBC’s request. The report provides an analysis of the different options and makes recommendations that will assist FBC as they make critical decisions on all aspects of the Center’s fundraising goals, operation, and long-term financial solvency.