Geriatric Care Managers, who are not highly capitalized should be cautious to start a private duty home care business and a geriatric care management business at the same time. There are 10 both legal and business steps you must take to start the private duty home care
Determine the method of your startup
Create a business entity and meet licensing requirements
Develop your policies and procedures
Set up your financial systems
Recruit and hire office staff
Develop a recruitment and retention plan for caregivers
Set up your office
Set up scheduling, billing, and time keeping systems
Develop your sales and marketing plan
Measure the success of your business
1. Meet licensing requirement in your state and pay the fees for licensing. Several states including California, where I live, require licensing
2. Create a business plan for your non-medical home care business. In the business plan, you must outline your mission as well as the structure that you plan on using for your business. In the business plan, include financial projections with realistic estimates of expenses and income.
3. Develop a policy and procedure operations manual for your business including Administration and office management, finance, human resources, record keeping, quality assurance, risk management, legal issues, and education
4. Set the policies for how you will care for patients in the home. Your employees must have clear guidelines as to how they should treat patients and what types of services they will provide. This means creating a policy manual for caregivers and then a complete training program with modules on require client and caregiver safety plus, timecards, disaster techniques, working with dementia etc.
5 Recruit caregivers for your non-medical home care business, which is incredibly hard now in this industry .There is a nationwide problem in recruiting caregivers In the home care industry and your caregivers are your only product to offer your customers. Because of this, you should develop a recruiting plan that involves seeking out high-quality caretakers who enjoy helping others. You will need to offer a competitive compensation and benefits package as well. Retaining your caregivers is also important, so introducing an incentive program can assist you in keeping your good employees over the long term.
Since you will be doing many of the same steps to start your own geriatric care management business, excluding recruiting and employing caregivers, it is best to just start with an aging life or geriatric care management and partner with a PDHC. Find out more below.