HOME HEALTH CARE LICENSE IN OKLAHOMA
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
Group Home | Home Health Business | Home Care Business | Hospice Business | Medical Supply Business | Caregiver Licensing and Certification | Care Aid Certification | Medicare Certification | Medicare Provider Enrollment | Assisted Living Facilities
OVERVIEW OF HEALTHCARE SERVICES IN OKLAHOMA
In Oklahoma, there is a significant senior population, with over 635,000 residents aged 65 and above, representing 16.1% of the state’s total population. The cost of living in Oklahoma is below the national average, making it an attractive destination for older Americans looking to retire.
In addition to in-home care, seniors in Oklahoma have a range of healthcare service options. Nursing homes provide the highest level of care, but they are also the most expensive option, with a semi-private room averaging $5,339 per month. Assisted living facilities are a slightly cheaper option, averaging $3,518 per month. However, seniors must move out of their own homes to live in an assisted living facility.
Home healthcare, which offers clinical services such as physical and occupational therapy, is similar in cost to in-home care, averaging $3,909 per month. Finally, adult day healthcare is the least expensive option, averaging $1,517 per month, but it only provides care during the day and does not include overnight services.
WHY YOU SHOULD START A HOME CARE AGENCY IN OKLAHOMA:
THE BENEFITS AND OPPORTUNITIES
If you’re considering starting a home care agency in the health care industry, Oklahoma is a great state to explore. Home care agencies provide essential services to seniors, disabled, and chronically ill individuals who need assistance with daily living activities. Here are some reasons why you should consider starting a home care agency in Oklahoma:
-
High demand
Oklahoma has a growing elderly population, with around 14.2% of its residents being 65 years or older, according to the U.S. Census Bureau. This means that there is a significant and increasing demand for home care services in the state.
-
Low competition
Oklahoma has relatively few home care agencies compared to other states, giving you ample opportunities to attract and retain clients. According to Home Care Pulse, Oklahoma ranked 37th among the states in terms of the number of home care agencies per 10,000 seniors in 2020.
-
Affordable licensing
Oklahoma requires home care agencies to obtain a state license, but the process is relatively straightforward and affordable. You’ll also need to comply with federal and local regulations, such as obtaining a business license, registering with the IRS, and following labor and tax laws.
-
Flexible services
Oklahoma allows home care agencies to offer a wide 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.
-
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 Oklahoma can be a fulfilling and profitable business opportunity for anyone who wants to make a positive impact on others’ lives. If you’re interested in learning more about how to start a home care agency in Oklahoma, contact us today for a free consultation.
HOW MUCH WOULD IT COST TO START MY BUSINESS?
Starting a home care agency in Oklahoma 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 Oklahoma involves:
1. Business License
The cost of a business license in Oklahoma varies by city and county. For example, the cost of a business license in Oklahoma City is $50, while the cost in Tulsa is $150.
2. LLC Formation
The filing fee for articles of organization with the Oklahoma Secretary of State is $100. There may also be additional fees for expedited processing.
3. State Tax Registration
There is no fee to register your business with the Oklahoma Tax Commission 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 Oklahoma 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 Oklahoma is $28. 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 Oklahoma City is $1,200.
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
Register Now
