If you own a home health care agency, hospice or other health care-related business, a time may come when you start to think about selling it. Maybe you have reached the stage of life where you are considering retirement, or maybe you have found that holding on to the practice has become more of a chore than a labor of love.
Are you looking for the next big thing but do not want to worry about the stress of completely starting from scratch? You might consider purchasing an existing health care franchise or business. One franchise that has grown at a great rate over the past few years is home health care. Home health care, sometimes called senior care, is something for you to consider due to the low investment costs, growing popularity and the fact it is an industry with a good purpose.
The late actor Paul Newman had a number of iconic roles, but perhaps none more memorable than charming bad boy Cool Hand Luke. Perhaps no line summed up the character better than his taunting of authority when he said at the film's end, "What we've got here is a failure to communicate."
In its annual report from the 2015 fiscal year, the Department of Health and Human Services' Office of Inspector General had some criticism for hospices.