A new report lists home health care as one of the top five most profitable franchises in the U.S., even as the industry fights new Department of Labor rules calling for mandatory overtime and minimum wage requirements for home health employees.
In respect to this, how much does it cost to start home health care business?
The estimated cost to start up a non-skilled Private Pay Home Care agency runs about $40,000 to $80,000, Licensed Home Health non-Medicare $60,000 to $100,000, and Medicare Certified agencies $150,000 to $350,000, depending on the state in which you start your home health agency.