HOME HEALTH CARE LICENSE IN OHIO
Healthcare Provider Licensing, and Certification Starts at $300 yr
Or let us do the work for you. As a not-for-profit, we’re here to support you through the life of your home care or home healthcare business enterprise
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OVERVIEW OF HEALTHCARE SERVICES IN OHIO
Ohio has a significant senior population of over 2.5 million residents, which is approximately 21.5% of the state’s total population.
Ohio is known for its moderate cost of living, making it an attractive option for retirees. Additionally, the state offers a variety of activities for seniors, such as museums, parks, and cultural events.
Ohio seniors have several healthcare service options available, beyond in-home care. Nursing home facilities provide the highest and most intensive level of care, but they are also more expensive than in-home care, with an average cost of $7,188 per month for a semi-private room. Assisted living facilities are a slightly cheaper option at an average cost of $4,439 per month, but the senior loses the benefit of staying in their own home.
Home healthcare, which is similar to in-home care but includes clinical services such as physical and occupational therapy, is roughly the same price as in-home care at $4,195 per month. Adult day healthcare is the least expensive option, averaging $1,560 per month, and provides seniors with access to healthcare services during the day while allowing them to return home in the evenings.
WHY YOU SHOULD START A HOME CARE AGENCY IN OHIO:
THE BENEFITS AND OPPORTUNITIES
If you’re interested in starting a home care agency in the health care industry, Ohio may be the perfect place for you. Home care agencies offer essential services to seniors, disabled, and chronically ill individuals who need help with daily living activities. By starting a home care agency in Ohio, you can benefit from the following advantages:
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High demand
According to the U.S. Census Bureau, Ohio has a significant percentage of elderly residents, with over 16% being 65 years or older. This means that there is a growing market for home care services in the state.
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Low competition
Ohio has a relatively low number of home care agencies compared to other states, which means that there are opportunities to attract and retain clients. According to Home Care Pulse, Ohio ranked 34th among the states in terms of the number of home care agencies per 10,000 seniors in 2020.
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Affordable licensing
Ohio requires home care agencies to obtain a state license, but the process is straightforward and relatively inexpensive. You’ll need to comply with federal and local regulations, such as obtaining a business license, registering with the IRS, and following labor and tax laws.
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Flexible services
Ohio allows home care agencies to offer a broad range of services, such as personal care, companion care, homemaker services, respite care, and skilled nursing care. You can tailor your services to meet the specific needs and preferences of your clients.
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Professional support
Starting a home care agency can be challenging, but you don’t have to do it alone. You can get professional guidance and support from experienced consultants who can help you with every step of the process, from business planning and marketing to training and compliance.
Starting a home care agency in Ohio can be a rewarding and profitable business opportunity for anyone who wants to make a difference in the lives of others. If you are interested in learning more about how to start a home care agency in Ohio, contact us today for a free consultation.
HOW MUCH WOULD IT COST TO START MY BUSINESS?
Starting a home care agency in Ohio can be a rewarding and profitable business opportunity, but it also requires some initial investment and ongoing expenses.
Have in mind that you can take care of all this yourself or call us for help. We have concrete solutions that help you solve daily administrative situations, while you take care of growing your business.
Roughly The costs associated with starting your agency in Ohio involves:
1. Business License
The cost of a business license in Ohio varies by city and county. For example, the cost of a business license in Cleveland is $125, while the cost in Columbus is $50.
2. LLC Formation
The filing fee for articles of organization with the Ohio Secretary of State is $99. There may also be additional fees for expedited processing.
3. State Tax Registration
There is no fee to register your business with the Ohio Department of Taxation to obtain a state tax identification number.
4. Federal Tax ID
There is no fee to obtain a federal tax identification number (EIN) from the IRS.
5. Insurance
Liability insurance for home healthcare businesses in Ohio can cost between $1,000 and $3,000 per year, depending on the size of your business and the type of coverage you need. Workers compensation insurance premiums vary depending on the number of employees and their job duties.
6. Staffing Costs
The cost of staffing your home healthcare business will depend on the number of employees and their qualifications. For example, the average hourly rate for a registered nurse in Ohio is $33. Consult Atlas Foundation Recruiting & Staffing service can help you in getting the best staff for your agency.
7. Marketing Costs
The cost of marketing and advertising your home healthcare business will depend on the strategies you use. For example, the cost of running a digital marketing campaign can range from a few hundred dollars to several thousand dollars per month. There are many digital Marketing agencies, which can help your business to grow online such as Ujatcare.
8. Office Rent
The cost of renting an office space for your home healthcare business will depend on the location and size of the office. For example, the average monthly rent for a 1,000 square foot office in Cleveland is $1,300.
9. Equipment and Supplies
The cost of medical equipment and supplies for your home healthcare business will depend on the type and quantity of items you need. For example, a hospital bed can cost between $2,000 and $5,000, while a wheelchair can cost between $200 and $2,000.
We’re here to help you!
Consult Atlas Foundation is a non for profit consulting company that aims to solve the health care crisis by helping people like you start their own home care or home health care agencies. We provide you with everything you need to succeed, from business planning and licensing to training and marketing. We also offer ongoing support and guidance to help you grow and thrive in this rewarding and profitable field.
By starting your own home care or home health care agency, you can:
– Provide essential services to seniors, disabled, and chronically ill individuals who need assistance with daily living activities
– Create jobs and opportunities for caregivers and nurses who share your passion and vision
– Generate income and profits that you can reinvest in your business or donate to a cause of your choice
– Make a positive impact on your community and the health care system
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