NYC Business Wizard  - Step by Step Questions & Result

Step 1
Write your business plan. Your plan should include an executive summary, market analysis including industry outlook, a list of your employees and their skills and qualifications, and a financial summary.
Step 2
Conduct market research. Determine how many potential customers exist in your area and why their needs aren’t currently met. Evaluate your competitors' business strategies. Identify their strengths and weaknesses in providing home care in your area. Use the resources provided by websites, such as the Plunkett Research website, to identify trends in the home care business industry.
Step 3
Advertise your home care services using print, Internet, radio or television advertising, depending on your budget.
Step 4
Obtain the necessary licenses to operate and receive reimbursement from Medicaid, Medicare or private insurance. Some franchise business operations provide you with extensive support about running a home care business. Use the resources provided by the home care trade associations in your area
Step 5
Screen, hire, train and insure your employees. For example, Medicare and Medicaid certified home care agencies must meet federal requirements. Use the resources provided by the U. S. Department of Health and Human Services website to ensure you and your employees comply with all regulations, including working with the Centers for Medicare and Medicaid Services, the Outcome and Assessment Data Set and the Health Insurance Portability and Accountability Act of 1996 privacy and security rules.
Step 6
Use the resources provided by the Department of Health and Human Services to help you improve care provided by your home care business. For example, view a video to learn about Process Based Quality Improvement. Quality measurement helps you improve effectiveness, efficiency and equity, as well as understand patient needs, safety concerns and the need to minimize delays.
Medicare covers medical care for Alzheimer’s patients, but does not cover non-medical custodial care, which is most of what adult day care provides. Medicare can cover services from an adult day care center only in very limited circumstances. It can cover actual mental health treatment – administration and monitoring of medication, for example, or recovery from a medical crisis -- prescribed by a physician, and provided at an outpatient mental health clinic. If this clinic is also an adult day care center, the patient can get the benefit of the center’s other care service while receiving treatment there.