The field of consulting definitely has ups and downs but since the tail end of 2021, inquiries on nurse registries (NR) have exploded at CCG. In one day this month, our company signed up four new NR clients! The pros of this type of long-term care (LTC) business include:
- The elderly demographic is well-represented in Florida and it has a documented likelihood of needing LTC services;
- Of the Florida LTC licenses, the NR is one of the fastest to establish;
- NRs can accept private pay clients, LTC insurance, Medicaid waiver through a separate process and possibly other payors;
- Barring zoning restrictions or HOA prohibitions, the NR can be established in the owner’s home, lowering overhead expenses for the new business.
To be sure, the NR business resembles more of a broker relationship between the client and caregiver, but it can be a lucrative enterprise for company owners nonetheless.
For those who want to flex their entrepreneurial muscles in the new year and achieve the goal of being self-employed, the NR can be one good way to go!