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Home care can be profitable, with revenues depending on factors such as the number of clients, services offered, and operational efficiency.
What Are the Requirements to Start a Home Health Agency in California? Formulate a Business Plan. Set Up Your Business Entity. Get a Federal Employer Identification Number (EIN) Register Your Business with the State of California. Achieve Medicare and Medicaid Certifications. Make Financial Preparations.
Starting your own home care agency is a essential service-based business that has consistently been in demand, can be very lucrative, and gives great satisfaction. Home care is a service provided to the ill at home. It can be provided short-term or long-term. It can consist of medical or non-medical care.
Depending on the location of your home healthcare agency, the estimated start-up costs run as follows: Private Pay Home Care agency: $40,000 to $80,000. Licensed Home Health non-Medicare agency: $60,000 to $100,000. Medicare Certified agency: $150,000 to $350,000.
To obtain this license, you will need to submit an application that includes information about your business and its services, background checks for all home care aides and staff, proof of insurance, and a $5600 application fee. More information on this process can be found on the CDSS website.
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Starting a Home Care Agency can cost $80K and Home Health $350K. Expert home care consultant and our good friend Ginny Kenyon focuses on helping home care entrepreneurs get their businesses successfully off the ground.

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