Purchasing a health care practice can be a lucrative endeavor, but it is a huge decision that requires careful planning and consideration. For instance, you must understand the legal and financial aspects of the process to facilitate a smooth transition and long-term...
In the Lone Star State, nursing homes might need to meet specific staffing regulations set by the Texas Health and Human Services Commission (HHSC) and federal guidelines from the Centers for Medicare and Medicaid Services (CMS). These regulatory bodies argued that...
Starting a hospice company is a compassionate venture. For better and for worse, however, it takes more than empathy and vision to launch a new business in the U.S. Choosing the best legal structure to suit your new enterprise is one of the most consequential...
Small medical businesses ranging from hospices to in-home physical therapy providers have many liabilities to address. There are state licensing and insurance matters to consider, as well as industry regulations and care standards that may influence how the company...
Safety concerns for hospice and home-based healthcare workers are a significant issue in the industry. Transcend Strategy Group conducted a survey of 400 workers in the industry. More than half of the respondents reported that they’ve either witnessed or experienced...
If you are considering entering the health care business, you may be thinking about doing so as part of a partnership. One or more partners can help to share not just the financial burden, which can be significant when entering this industry, but the workload too....
If you are thinking of starting a hospice center in Texas, it’s important that you have the correct license. The Texas Health and Human Services Commission can provide a contract for your agency to sign. This officially identifies the business as a Home and Community...
Are you thinking of starting a hospice care business in Florida? There is certainly a need within the state, especially considering the age demographics of those who move to Florida. A full 22% of people in Florida are already over 65 years old. Many people move from...
Hospice care facilities, like any type of health care provider, can be held liable for medical malpractice. Often, families of patients in hospice care don’t realize that since their loved ones are there to receive palliative care to keep them as comfortable as...
People often think of medical professionals as in-demand workers who are eligible for highly-competitive wages. Physicians, in particular, benefit from competitive pay that sometimes comes with enhanced professional mobility. People may imagine that medical doctors...
