What are the Costs Involved in Opening a New Clinic

Posted in Lending Articles By Sajhyadri Chattopadhyay-
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Embarking on the journey to open a medical clinic? Welcome to the financial anatomy of your healthcare dream! From renting a clinic space to investing in cutting-edge technology, decode the real costs involved. Be it medical machinery or staff training sessions, every rupee invested plays an important part in your clinic's financial rhythm. Let’s navigate through the corridors of financial planning, ensuring your clinic's success is not just a vision but a thriving reality! 

Expenses of Starting a New Medical Practice

Opening a new medical clinic in India involves various costs, including one-time expenses and ongoing operational costs. Here are some types of costs to consider – 

  • Infrastructure Costs: 

Establishing a clinic requires careful budgeting for construction or renovation. Creating a welcoming space enhances patient experience, fostering trust and comfort. Allocate funds wisely to ensure a clinic layout that optimises workflow and patient accessibility. Rent for a clinic space can range from ₹20,000 to ₹2 Lakhs per month (on lease), depending on the area, locality, and size of the practice. 

  • Equipment and Technology: 

Acquiring essential medical equipment is paramount. From examination tools to diagnostic machines, invest in cutting-edge technology to deliver superior healthcare. Prioritise equipment that aligns with your medical specialisation, ensuring comprehensive and efficient patient care. Advanced diagnostic equipment, such as an ultrasound machine, can cost between ₹10 Lakhs to ₹20 Lakhs, depending on the brand and features. 

  • Regulatory and Licensing Fees: 

Navigating the regulatory landscape is crucial. Allocate funds for licensing fees, adhering to health authorities' guidelines. Obtain the necessary permits to legally operate your clinic. Compliance not only avoids legal complications but also builds credibility among patients.  

  • Staffing Costs: 

Your team is the backbone of your clinic. Budget for competitive salaries and benefits to attract skilled medical and administrative professionals. Invest in ongoing training programs to foster a collaborative and knowledgeable staff, creating a positive work environment. Salaries for medical professionals (doctors, nurses) can range from ₹50,000 to ₹3 Lakhs per month, depending on their experience and specialisation. 

  • Utilities and Operational Costs: 

Securing a clinic space is just the beginning. Plan for monthly rent, electricity, water, and internet bills. Operational costs include routine maintenance and security. Proactive budgeting ensures uninterrupted clinic operations, contributing to a seamless and reliable patient experience. 

  • Pharmaceuticals Supplies:

Stocking up on quality medical supplies is indispensable. From syringes to bandages, ensure a well-equipped inventory. Allocate funds for pharmaceuticals, maintain a diverse range of medicines catering to common health issues, and enhance your clinic's reputation for comprehensive healthcare. 

  • Marketing and Branding: 

Establishing a strong presence is essential in a competitive healthcare landscape. Allocate a portion of your budget to marketing and branding initiatives. Create a professional website, engage in local advertising, and build an online presence. Effective marketing not only attracts patients but also fosters trust in your clinic’s capabilities and efficiency.  

  • Insurance Premiums: 

Safeguard your clinic against unforeseen circumstances with comprehensive insurance coverage. Professional liability insurance protects against potential malpractice claims, instilling confidence in both patients and staff. Property insurance ensures financial security in case of damage or loss to clinic premises and assets. For example, annual insurance premiums for professional liability and property insurance may start from around ₹10,000, depending on coverage and insurer. 

  • Medical Supplies:

Ensuring a well-stocked inventory of medical supplies is pivotal. From basic necessities like syringes to specialised equipment, budgeting for quality supplies guarantees uninterrupted patient care. A comprehensive range of medical essentials not only meets day-to-day operational needs but also builds trust among patients, emphasising your commitment to their well-being. 

  • Maintenance Costs: 

Routine maintenance is the unsung hero of clinic operations. Allocate funds for the upkeep of clinic premises, covering repairs, cleanliness, and general maintenance. A well-maintained clinic not only creates a positive impression but also ensures a safe and comfortable environment for patients and staff, contributing to the overall patient experience. 

  • Training Programmes: 

Investing in ongoing training programmes is an investment in your clinic's success. Allocate funds for staff training to enhance their skills and keep them updated on the latest medical advancements. A knowledgeable and well-trained team not only provides superior patient care but also contributes to a positive work environment, fostering a culture of continuous improvement.  

  • Contingency Fund: 

Building a financial safety net is paramount. A contingency fund acts as a buffer against unexpected challenges, ensuring uninterrupted clinic operations. Allocate a portion of your budget to this fund, providing peace of mind and the ability to address unforeseen financial setbacks without compromising patient care. 

  • Other Miscellaneous Expenses: 

Anticipate unforeseen expenses by allocating funds for miscellaneous costs. This includes legal and consultation fees, unexpected repairs, or unforeseen compliance requirements. Having a contingency fund for miscellaneous expenses ensures financial resilience, allowing your clinic to navigate challenges with ease. For example, allocating 5% to 10% of the total budget as a contingency fund may provide a financial safety net for unforeseen challenges. 


These initial steps lay the foundation for a successful medical clinic, ensuring a conducive environment for patients and healthcare professionals. On Bajaj Markets, you can get affordable interest rates and flexible repayment tenures on a Professional Loan for doctors and take care of these expenses easily. Benefit from instant approval and quick disbursal of funds up to ₹45 Lakhs. Additionally, consulting with healthcare industry experts, legal advisors, and financial professionals can provide valuable insights specific to the medical field in India. 

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