Bigger is Better: 3 Strategies for Growing Your Home Care Agency
Increasing regulatory demands and shrinking reimbursements are making it harder for home care agencies to make a profit. One way to combat this margin squeeze is to grow your business so that you can create economies of scale and allocate fixed costs across a larger number of patients.
Here are three strategies for successfully growing your home care agency, all aimed at increasing market share. Each also requires the right business processes, resources and technology investments to succeed.