Home healthcare agencies are great businesses to own and operate. The revenues of these entities are nearly immune from negative changes in the economy given that elderly and disabled people require a strong degree of compassionate care at all times. Specific for skilled care operations, many insurance companies and publicly funded healthcare systems provide reimbursement for these services. One of the other nice things about these entities is that they have relatively easy access to capital for startup and expansion purposes given the high margin revenues and economic stability of these businesses.
Despite the COVID-19 pandemic, the demand for in-home care has remained strong. As many individuals and families are concerned about love ones being a large scale facility, many people have opted for in-home care as a viable alternative to an assisted living facility or nursing home.
At HomeHealthcareBuinesssPlan.com, we have developed a number of easy to use tools that can seamlessly assist you in developing a business plan for your home healthcare agency (non-medical, skilled, or a business that combines these two divisions).
Please take a look at the below video that showcases the easy-to-use excel model:
T he Word documents are a complete business plan specific for a home healthcare agency. The chapter list is as follows:
- 1.0 Executive Summary
- 2.0 Financing Overview
- 3.0 Home Healthcare Agency Operations
- 4.0 Economic, Industry, and Market Research
- 5.0 Marketing Plan
- 6.0 Personnel Summary
- 7.0 Financial Plan
- Appendix A – SWOT Analysis
- Appendix B – Reference Sources
- Appendix C – Monthly and Quarterly P&L Statements
- Appendix D – Monthly and Quarterly Cash Flow Analysis
In addition to receiving the Home Healthcare Agency business and excel model, you will also receive:
- A stand alone 24 page marketing plan
- Three SWOT Analysis Templates
- Interactive Home Healthcare Agency Pitch Deck