The U.S. Medicare gross spending for 2011 was just under $550B. That’s over HALF A TRILLION dollars of our nation’s annual spending! Exclude Medicare Part D which is the prescription drug benefit of $72B and it’s still about $478B for Parts A, B and C – the Medicare Parts that provide Home Care benefits in some form or another.
What if you could get just a tiny piece of the pie Medicare pays home care providers serving care recipients? Is it even a good fit for your home care agency?
In the quest to grow client bases, clients ask us those questions all the time. And understandably. As an existing agency seeking growth amongst increasing competition of HHA agencies, it’s natural to consider Medicare. As a home health care start-up, often a rosy picture of lots of clients quickly appears.
Before getting blinded by the roses, let’s look at just how rosy it really is: