It is my distinct pleasure to introduce Ken Accardi with Ankota software, who is our guest writer this week. I think you will find his article helpful and thought provoking. This is good advice from an expert in the know. Enjoy!
§ § § § §
When you acquire technology for your home care organization, you need to consider a five year life for the technology. As such, it’s necessary to anticipate how care delivery will change in that timeframe and choose technology that prepares you for the future. Some changes in your care delivery operations are merely evolutionary changes. Examples of this are new OASIS forms and new coding rules. While I’m not implying that these aren’t difficult changes, they don’t represent the need for a fundamental shift in the technology systems that you use. By contrast, other changes are revolutionary and may require fundamental shifts in your technology needs. Continue reading “Include Care Coordination in Your Next Home Care Technology Upgrade” »
Now that you have established the fundamentals of your business as we discussed in Home Health, Home Care, Hospice: Get Your Agency Off to a Successful Start, the next step in creating your new business is customizing your business growth plan in order to stand out among your competition. Customizing your business gives you the opportunity to differentiate your company by the lines of
business you offer and perfect.
Some agencies, because of licensure, will feel they have limited choices, e.g., Medicare home health and hospice does limit to some extent, but even some of those agencies specialize in rehab, others in palliative care, etc. So, even with the most restrictive of licenses there is still an opportunity to differentiate yourself. Continue reading “Differentiate Your Agency for Greater Success” »
When we start a new home health, home care or hospice business and are experiencing the excitement and exhilaration of the new venture, we seldom remember that we are building beyond the near future. We are also building for the time we retire and/or sell our agency or have a succession plan to pass it to our children. The best time to think about what your home health, home care or hospice agency will be worth is at the very beginning.
When starting up any business, the business fundamentals — matters that must be tended to before you do anything else – need to be hammered out first. Continue reading “Home Health, Home Care, Hospice: Get Your Agency Off to a Successful Start” »
