Home Care for the 21st Century Expands as a Gold-Standard Franchise
In an industry plagued by siloed care, Home Care for the 21st Century stands alone as the ultimate integrated health care franchise model built for opportunity.
Home Care for the 21st Century is the only in-home health franchise that offers eight health care businesses under one franchise roof – for one low price. The brand’s competitive edge continues to serve its franchise partners well as they navigate as an essential business on the frontlines of a pandemic that has highlighted a dire need for high-quality home care.
Backed by 25 years of experience as a proven full continuum of care brand, Home Care for the 21st Century is ready to meet the expected explosive surge in demand for “aging-in-place” services that keep seniors out of the hospital and cared for safely at home.
“We have seen a huge influx in the interest in-home care opportunities since May, based on what has been happening with COVID-19,” says Lori McCauley, Vice President of Franchise Development for Home Care for the 21st Century. “We continue to look at additional partners to this business that makes sense, such as a national pharmacy providers, staffing contracts, telehealth physician networks, unique telehealth platforms, and laboratories for various in home testing, such as cancer screenings, UTI or COVID-19 testing. We are looking beyond reimbursement, and following the care needs, which in turn will result in better outcomes.”
Home Care for the 21st Century’s ability to deliver consistent, high-quality personalized care throughout a patient’s health care journey is a gamechanger for families–and franchisees.
The brand takes a revolutionary graduated approach to the business of health care franchising. In addition to traditional personal home care and companion care, Home Care for the 21st Century turn-key business models include private duty skilled home health care, Medicare skilled home health care, non-emergency medical transportation, hospice care, durable medical equipment (DME), and home care staffing. Franchise owners can also expand their bottom line with the addition of telehealth, pediatrics, infusion, wound care, and palliative specialty programs.
“Financially, a first-year franchise will look to gross $500,000 to $1.2 Million. Your gross profit will range between 35%-55% as you bring on multiple payors,” explains McCauley. “The key is making sure you have a solid payor mix. Your net profit opportunity will be approximately 20%-plus. We are planning on these agencies to be “super” agencies. The three key models have the capability to do $5 million-plus each. There are no limitations in payors or types of services that you can offer, so your opportunity is endless.”
Franchisees can count on a partner at every step of the way to eliminate the unknowns and reduce the primary barriers that often exist in the industry’s complex regulatory environment. Home Care for the 21st Century prides itself on delivering unparalleled training and coaching, best practices, and operational support, including completing all licensing requirements for all business models as needed, says McCauley.
“We provide more hands-on support than any other franchisor on the market using the best available training services and innovative technology,” said Lori McCauley, VP Franchise Development. “Our continuous education and training curriculum provide all that is required for you to succeed, and we succeed only when you do!”
Recently recognized among Entrepreneur magazine’s “Hot Franchises” of 2020, Home Care for the 21st Century seeks to expand its franchise opportunity with entrepreneurs who are passionate about delivering patient directed, in-home care with the highest standards of care in the industry.To learn more about the opportunity to join one of the most respected brands in the industry, head to homecareforthe21stcenturyfranchise.com.
Share this Feature
Comments:comments powered by Disqus
- Multi-Unit Franchising
- Get Started in Franchising
- Open New Units
- Featured Franchise Stories