Healthcare is one of the
Best Franchises to Own in Massachusetts
Investment in home-based care will reach new heights. The economy is thriving in 2021. The environment is right for new business owners and perhaps this will inspire you to look into owning your own healthcare franchise in 2021!
When considering what franchises to invest in, you will want to find a franchise that is guaranteed to bring you a good amount of income. In this day and age, franchises of all forms are growing in profit and popularity. These franchises can range anywhere from fast food to grooming.
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Out of all of the popular franchises in 2019, one particular franchise is growing at an extraordinary rate. Healthcare franchises are extremely popular for a variety of reasons, the biggest being that there is a higher demand for it. This popularity means that healthcare franchises are some of the best franchises to own.
The coronavirus has severely affected our economy—particularly as it relates to entrepreneurship. If you’re considering launching a new business and are looking into buying a franchise in Massachusetts, you have a unique opportunity to see consumer trends that weren’t present 6 months ago. Now, instead of investing in a fast-casual food chain, many are looking to launch a healthcare business. Now more than ever, healthcare is one of the most attractive franchises based on its recession proof service.
Healthcare: Lower Investments And Higher Revenue
It can cost over $500,000 to open up a franchise in the fast-food industry. The estimated investments in the healthcare industry range from $35,000 to $150,000. These investments are typically for hiring marketing, recruiting, and training staff, as well as office space.
For such a small price, healthcare franchises can bring in a huge amount of profit. Your franchises will take many locations in a large area, which means that you are certain to receive a large sum of income.
Employment in healthcare occupations is projected to grow 15 percent from 2019 to 2029, much faster than the average for all occupations, adding about 2.4 million new jobs. ... This projected growth is mainly due to an aging population, leading to greater demand for healthcare services.
In addition to demographics and innovation, the COVID-19 emergency has accelerated both the number of entrepreneurs entering into the aging services sector and investor interest. In 2021 alone, VC entities have invested more than half a billion dollars into U.S. senior care and home-based care startups, Crunchbase reported.
From 2016 through 2018, there were between 62 and 68 deals to fund senior care or home-based care startups in the U.S., according to Crunchbase. That jumped to 83 in 2019, then hit 91 last year.
Moreover, In 2020-21, the home has become the new venue for receiving both medical and non-medical assistance for higher acuity care; therefore, the most important partnership for a non-medical home care provider to have in 2021 is a strategic partnership or alliance that helps to expand the care continuum for a client.
These partnerships can include palliative, hospice, home health, and even in-home urgent or complex medical care.
Now with Home Care for the 21st Century, you will no longer have the long term need to strategically align yourself with other complimentary services because it will be the first healthcare franchise to offer a full continuum of care under one roof: Personal Care, Private duty, Medicare Home Health, Palliative, Hospice, NEMT, DME and Staffing all under one umbrella.
If you are ready to make a difference in your community and in your pocket book, healthcare is one of the best franchises to own in the marketplace in the 21st Century.
Home Care for the 21st Century Franchise
Home Care for the 21st Century Franchise offers all that was suggested above and a true life long partnership agreement Homecare for the 21st Century Franchising company is Revolutionizing the Home Healthcare Industry, With the availability of numerous product offerings.
Home Care for the 21st Century is dedicated to giving our franchisees unlimited growth opportunities and support services for what we believe to be the best value in the market.
All applicable business models will have provider enrollment services for the following:
- Medicaid Waivers
- Long and Short-Term Insurance
- Workman's Compensation
- Veteran Insurance Programs
Home Care for the 21st Century Franchise offers all that was suggested above and a true life long partnership agreement.
Ongoing Coaching and Business Support (FOR ALL BUSINESS MODELS)
You will be assigned a personal motivational business coach, Licensing Coach and clinical coach who will help you stay focused on business operations, patient care, marketing and agency growth opportunities.
You will never feel alone with our ongoing coaching and business support, weekly phone calls and our mastermind support process is the best in the industry.
When it comes to patient care and documentation – rest assured, you will have peace of mind. Your business is backed by the clinical expertise of 8 registered nurses. All of our registered nurses are certified with Accreditation Commission for Health Care and Community Health Accreditation Partners. Best part is they’re available when you need them and only a phone call away.
Home Health Care Licensing Requirements (FOR ALL BUSINESS MODELS)
We complete all licensing requirements for all business models as needed throughout your franchise agreement. Starting with securing your Tax ID and NPI number, corporate documents, Massachusetts licensing applications, etc. Our licensing team will prepare you for your Massachusetts licensing inspections and ensure that your approval process is successful.
Home Health Care Policies, Procedures and Operational Materials (FOR ALL BUSINESS MODELS)
Our franchise partners will receive customized policy and procedure manuals for all business models. Our registered nursing clinicians write these policies to meet all state licensing standards, federal and accreditation organization regulations. Updates to these policies are provided on an on-going basis.
Medicare and Private Duty Accreditation (FOR ALL BUSINESS MODELS)
We provide Private Duty and Medicare Accreditation opportunities for our franchise partners. Accreditation is regarded as one of the key benchmarks for measuring the quality of an organization.
Differentiating your home health care business in Massachusetts from other healthcare providers in your area will provide a competitive edge with the services you provide thus providing additional patient referral resources.
We employ experts in the area of Private Duty and Medicare certification & accreditation. Our team of registered nursing clinicians are certified (ACHC) Accreditation Commission for Health Care and (CHAP) Community Health Accreditation Partners consultants.
Quality Assessment Performance Improvement Program (QAPI) (FOR ALL BUSINESS MODELS)
Our Franchisee will take part in our ongoing performance and improvement program. You will be assigned a clinical coach who will perform onsite operational audits at your agency. Your clinical coach will develop specific performance improvement plans, share their knowledge of changes in regulations and legislation, policy and procedure updates and provide support throughout all phases of the QAPI program.
Continuous Training and Robust Technology Platform (FOR ALL BUSINESS MODELS)
Knowledge is your key to success. Monthly training programs for all models. 10-day off-site orientation, startup and strategic marketing training at our corporate training facility. Plus, thousands of hours of educational resources. We offer our franchise partners the Home Health Care Industries comprehensive and robust technology platform. Our Franchisees will possess a key advantage in scheduling, telephony, billing, payroll, and much more.
Digital Marketing – Website- Caregiver tracking software
Marketing can be an area that’s overlooked when planning to operate a home health care business in Massachusetts. However, effective marketing is essential when growing your business and spreading the word. Homecare for the 21st Century provides a fully customized website, complete with search engine optimization (SEO), tailored specifically for your home health care business. The goal of your SEO website is to have your business achieve first page presence on search engines like Google, Yahoo, and Bing. It’s no secret that a strong internet presence is vital for a successful business, and we give you the tools you need to succeed online.
Proprietary Pricing (FOR ALL BUSINESS MODELS)
As the industry leader in home health care consulting, we’re able to share our proprietary pricing with our clients.
This special pricing can save you thousands of dollars!*
These discounts are provided exclusively to Home Care for the 21st Century Franchise clients only.
“We do it with you” ( FOR ALL BUSINESS MODELS )
WHY US? “We do it with you” rather than just suggest and advise. From setting up all your business entities, completing all your licensing applications for all business models, proper preparation for successful accreditations, continuous nurse on call support and ongoing quality improvement performance programs. A true partnership of healthcare profession
Call us for a no obligation consultation. We will answer all your questions and get you the information you need to make a smart decision.