How to Open a Business in the Long-Term Healthcare Industry

Today’s entrepreneurial culture and trends in the long-term care industry have converged into a perfect storm.   The home health field is rife with opportunity for building a profitable business that provides needed, quality and compassionate care.  In response to the questions we receive about how to start a successful agency, we’ve developed webinars that cover the basic requirements for starting your business in this field.

Home health agency (HHA):  HHAs can provide skilled or non-skilled care.  Skilled services encompass care from a licensed professional, such as a nurse or therapist and, if they meet certain requirements, can bill Medicare.  Non-skilled care is limited to helping clients perform activities of daily living (ADLs).  Some agencies provide both skilled and non-skilled services while others limit themselves to the latter.    We have two upcoming webinars that explain the requirements for establishing each type of home health agency.

Nurse registry (NR):   Nurse registries are a “hybrid” type of organization; they can provide both nursing and non-skilled services, but they may not be Medicare-certified.  The requirements to open a NR are less than those to open an HHA, and our upcoming webinar will familiarize you with the steps to launch this type of business.

Homemaker/Companion Service (HCS):  HCS have the least requirements of the three types of Florida businesses and are limited to providing only “hands-off” services.  HCS can offer homemaking services, such as laundry, light housekeeping, meal preparation and errands, in addition to supportive care and assisting clients in maintaining their social connections.  Companions can help clients participate in social outings, pursue hobbies or just keep them company.  If you’d like information about opening an HCS, please call our office.

 

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