Kenyon HomeCare ConsultingStarting Medicare Home Health: It's Not As Easy As You Think. Make Sure You Know How To Swim Before You Decide To Take The Plunge! - Kenyon HomeCare Consulting (206) 721-5091

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Starting Medicare Home Health: It’s Not As Easy As You Think. Make Sure You Know How To Swim Before You Decide To Take The Plunge!

start a home care agencyStarting a Medicare Home Health has a lot of steps and costs. It is important to know what the requirements are based upon federal and state guidelines. If you think you are ready to jump in, then dip your toes in the water first and make sure you have what it takes to get going successfully.  Let’s look at some things to consider in making your decision. 

Prior To Starting: 

Before you see your first patient, there are things that must be in place first. Here we will list items that are required and those to consider before you hang your shingle. 

  • Due Diligence Of Your Area 
  • Establish Corporate Structure Including Tax ID And NPI 
  • Accreditation 
  • Insurance (Professional And Liability) 
  • Licensing Fees 
  • Policy And Procedure Manuals (Operations And Clinical) 
  • Employee Handbook 
  • Forms 
  • Competency Testing Kit 
  • Software 
  • Advertising (Website, Logo, Business Cards And Brochures) 
  • Recruitment And Hiring 
  • Capital Per Federal And State Requirements 

Ok, we realize that this may seem overwhelming to you at first. If you don’t have experience in home health, then it may seem even worse. However, it is not something you have to conquer on your own. You may already have an agency and want to add additional service lines. For those who have non-skilled agencies, starting into Medicare is a whole new ballgame. Just understanding the regulations can be huge to make the process streamlined and set you up for success. 

What Is Your Next Step? 

Talk to a consulting company. This is a good first step to determining if you have the skill and capital to do this. Depending on your area, it may cost between $150,00-$300,000 to start your agency. In other cases, you may be able to defer costs by coming with the clinical and management background to fill clinical and operational roles yourself. A senior consultant can walk you through the steps and help you decide if the goal is a realistic one before you start to put a bunch of money into the process. 

Webinar textLet Us Be Your First Call: 

At Kenyon Homecare Consulting, we offer a free 30-minute consultation with a senior consultant who has been through starting a Medicare home health and diversifying services for existing providers. There are packages ranging from those that need some assistance and those who need help with everything. Ultimately, the consultant can help you with what package makes sense to start your agency. Don’t reinvent the wheel by spending time and dollars creating policy and procedure manuals for Medicare when this is already done. You can focus on what needs to get you survey ready and on to billing for services you provide. Call us today at 206-721-5091 or contact us online.

Category: Agency Startups & Diversification

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