Medicare Certified Home Care Agency CHHA-Philadelp

Business Overview:

HOME HEALTH CARE AGENCIES function in all States and are not medical, but rather administrative in nature. Hence, owner need not be a physician/ professional. It is a program that targets the elderly and is reimbursed by MediCare and Medicaid. State actually saves money by not having to pay for the nursing home bed (much more money on the average). THERE IS REALLY NO EXTENSIVE MARKETING INVOLVED, AS YOU ONLY NEED A FEW HUNDRED PEOPLE FOR STEADY BASE ENROLLMENT. The participants TYPICALLY use the service 3 TIMES WEEKLY FOR MANY YEARS. As long as they remain part of society, the government saves on long term care options. Currently, more than 22,000 agencies provide home care services to over 8 million clients because of physical disabilities, long-term health conditions, dementia, or terminal illnesses. Spending for home health care has risen from $3.5 billion in 1990 to $36 billion in 1999. Homecare providers deliver a wide variety of health care and supportive services. These can range from professional nursing and home health aide services to physical, occupational, respiratory, and speech therapies. Providers may be for-profit, non-profit (VNAs), or hospital based. ALL ARE IN THE AREAS HEAVILY OCCUPIED BY THE ELDERLY USERS OF THIS SERVICE. Application to the Program may be made directly by the Medicaid recipient, a family representative, or caregiver, the applicants personal physician or other interested parties acting on their behalf. This translates into self referring seniors, versus only those directed by a physician (as with most medical / govt subsidized services). And since they are not paying for it, the service is easy to ''sell''. THIS IS RECESSION PROOF BUSINESS AND USER BASE! WE WILL ANSWER ALL YOUR QUESTIONS AND TRAIN YOU ADEQUATELY FOR YOU TO FEEL SECURE AND COMPETENT.

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Property Features and Assets:

Relocatable to anywhere within state. Currently located in a corporate complex with secretarial and shared conference room @ $700/month. Support/Training: Agency is anchored by a highly experienced administrator, and director of nursing at very reasonable compensation packages. either one or both may remain, at buyer's discretion and will be able to accommodate the operational learning curve.

Market Competition and Expansion:

SINCE THIS IS A MEDICAL MODEL OF HOMECARE AGENCY, NONE OF NON MEDICAL MODELS MAY COMPETE. DEMAND ON HOME SERVICES TO THE ELDERLY IS ON THE UPRISE.

Reason for Selling:

Seller is Healthcare attorney in setups business

Additional Details:

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