Most industries have struggled in 2020 due to COVID-19 and the world wide pandemic. However, the healthcare industry is booming! Do your part while earning positive cashflow.
This course will show you how to open a home healthcare therapy business without billing Medicare, Medicaid, the VA or other insurance companies. With more and more Americans being hospitalized and requiring ongoing healthcare, the home healthcare industry business is booming. The home healthcare market is projected to be worth over 400 billion dollars by 2026. According to Home Healthcare News, one agency franchise hit $149 million dollars in revenue during 2019 alone. Medicare, the primary payor source paid out over $100 billion dollars for reimbursements to home health agencies in 2018. These costs are projected to increase exponentially in the coming years. The bulk of home healthcare services revenue includes physical therapy, occupational therapy and speech therapy.
This course will give you an overview of the home healthcare industry and instructions on how to start a therapy staffing agency from your home. We will give you step by step instruction on agency structure, marketing and advertising, recruiting, rates, contracts, documentation and much more! The average start-up costs for this business is less than $500. A consultant will charge you over $10,000 to help you set up this type of business. Some consultants are charging as much as $75,000 for their services. In my first full year of creating this type of home health therapy business, I generated over $300,000 in revenue. In the second year, over $600,000* and in the 4th year, over $960,000* in revenue without a brick and mortar business.**
Bottom Line: Medicare reimburses over $100 per physical therapy visit. If you have a physical therapist that sees 30 patients per week, that’s an easy $3,000 in revenue. You may pay your therapists between $50 and $75 per visit. This can profit you between $750 and $1,500 per week without leaving your home office. With the information in this course, you can start a home healthcare staffing business without the need for a medical degree or nursing license. *No guarantee you will generate profits or success