Franchise Fee:Â $39,000
Royalty:Â 3.75%-5% Gross Sales; No minimum fee
Total Investment:Â $130,000 – $200,000
Can Be Home Based:Â No
VetFran Member:Â Yes
SBA Approved:Â Yes
CareMindersÂ® Home Care Franchise (in-home care services) is a unique and rewarding opportunity that allows you to take responsibility for your own financial future, and provides comfort to people in your own community. The Home Care Market The home care industry is projected to be one of the most explosive industries out to the year 2050, due to demographic changes, growing at greater than 20% a year, and is currently ranked in the top 4 franchise opportunities. â€˘ Demographic changes shifting to major need for home care assisted living services â€˘ After age 65, an American has more than a 70 percent chance of needing help with the activities of daily living like dressing, bathing, shaving and others (there are 10,500 seniors turning 65 years old every day) â€˘ New healthcare regulations will be focused to reduce healthcare costs by keeping people out of hospitals and into home healthcare services â€˘ 92% of current franchises offering assisted living home care services are not doing medical care services; this is a huge upside for those currently providing those services, especially with an added advantage of having a JCAHO accredited license The Franchise Model CareMindersÂ® Home Care offers a wide range of both long and short term assistance, skilled and non-skilled services to our clients including companionship, personal and skilled (healthcare continuum, professional-related) home support services and assistance. Note: Skilled care is an option for the franchisee owner (some investors do not want to do skilled care services). You will be able to provide your clients with both long & short term assistance REGARDLESS OF AGE or type of illness, injury or other needs all of whom may be handicapped, convalescing and developmental individuals. With respect to franchisors offering healthcare skilled services, CareMindersÂ® Home Care is the ONLY franchise that provides Joint Accreditation (JCAHO). As an extension to revenue income streams, when permitted, CareMindersÂ® Home Care franchisees can provide these services in nursing homes, hospitals, assisted care facilities and other medical settings as an added extension of revenue opportunities. Cornerstones of CareMindersÂ® Home Care CareMindersÂ® Home Care brings three quantifiable differentiators for others in the same market niche: 1. CareMindersÂ® Home Care is JCAHO accredited. No other franchise has this distinction. By achieving this achievement, CareMinders Home Care has adopted the highest standards from the toughest rules and regulations in the country. Each and every office equals or exceeds the standard required by the regulatory authorities in the state in which they operate. Plus, this â€śGold Sealâ€ť of approval allows complete healthcare reimbursement authorization for third party insurance carriers 2. Provides the highest revenue opportunities than any other franchise, which is spelled out in the CareMinders Home Care Overview attachment 3. Ageless: You will be able to provide your clients with both long & short term assistance REGARDLESS OF AGE or type of illness, injury or other needs. Also, CareMindersÂ® Home Care has a sophisticated software package for the franchisee. One of the important advantages is a complete billing system to handle the ICD-9 codes (also the ICD-10 codes when they become available) and Explanation Of Benefits (EOB) for third party insurance billing for standard and government affiliations, including Medicare billing services. This service is not offered by any other franchisor. As a CareMindersÂ® Home Care Franchisee, you will truly feel a part of a winning and united team with over 260 combined years of experience in the Healthcare market. A team that is strong, growing and responding to exciting and challenging opportunities the Home Care Industry has to offer. We will be there to provide you with ongoing training & support for the systems and tools you need to build your CareMindersÂ® Home Care Franchise; including our superb marketing program and state of the art operations programs. opportunities the Home Care Industry has to offer.