Franchise Frequently Asked Questions
What is a Boost Home Healthcare franchise?
As the demand for clinical home healthcare increases, there’s no better time to join this growing space by opening a local franchise. Your investment provides a promising future with unparalleled opportunities for growth and expansion in your region.
If you have a passion for your community, an entrepreneurial spirit and a desire to grow a business, this is an opportunity for you. You’ll start and grow your franchise and have support from our national brand every step of the way.
Why Boost Home Healthcare?
Our premier, nurse-inspired model gives patients and their families the boost they need to get back to better health. If you have a passion for helping the community and taking the next step in your career, look no further than Boost Home Healthcare.
How did Boost Home Healthcare get started?
Our brand is founded on a gold star solid reputation in the healthcare industry from our roots at ProHealth in Los Angeles, CA. We’re also built on the trusted reputation of Best Life Brands.
What is the demand for home healthcare?
Home health is part of the senior care industry, a healthy, competitive market generating $300 billion/year.
Boost Home Healthcare presents one of the premier home healthcare franchise opportunities in this growing market.
How much does it cost to start a home healthcare business?
Initial franchise fee: $60,000
Total investment: $150,100 – $310,250
How much revenue is available in the senior care* industry?
In 1998, the gross output in home health was approximately $36 billion. In 2018, it was nearly $87 billion.
Freestanding home health agencies had an aggregate profit margin of 15% in 2017.
Profit margins of for-profit agencies checked in at 16%. Nonprofit agencies saw margins of 11%.
*Data is based on the senior care industry, which incorporates home health.
How will I get home health patients?
Patient referrals can come from hospitals, skilled nursing facilities, hospice, rehab centers, clinics, physician offices, assisted living, continuing care communities, independent living, existing patients/clients and more.
Do I need medical experience?
You don’t need extensive healthcare experience or a robust resume to start a franchise. You just need a passion for your community and an entrepreneurial spirit. Traditionally, the most successful franchise owners are those who love what they do, enjoy helping others and make use of our robust training programs.
What training will I receive?
Your home care franchise investment covers many of the amazing benefits that come with being a part of the Best Life Brands family. We provide extensive training and tools, including regulatory compliance support, advanced technology, expert support to boost EHR efficiency, innovative sales/marketing tools, resources and strategies to succeed in recruitment, retention and more.
How many employees do I need to start?
3-5 employees; short-term visit-based care – 3-5 patients decreases labor costs.
How will I get paid?
Medicare or private insurance. Boost leverages technology solutions that help manage the coding and billing requirements for payment.
Where can I own a home healthcare franchise?
When licensing territories, we look at factors such as:
- Zip code
- 25-35k seniors age 65+ living in territory
- Average household income of $75-$100k+
- Quality and quantity of referral sources
- Assisted living
- Nursing homes
Our franchise territories are some of the largest in the industry with the best growth potential. Owners can maximize revenue potential by owning multiple territories in a market based on availability.
Who will I be hiring?
Skilled, reliable home health professionals who will provide high-quality, in-home care to your patients (e.g., occupational, physical or speech therapists and registered nurses). Our training provides guidance on staffing for success.
How will I find and hire experienced skilled home health staff?
Our training covers guidance on how to approach the hiring process and finding skilled home health staff.
Is there a discount for Vet Fran and first responders?
Yes. You will receive 15 – 20% off your franchising fee.
What are the next steps to franchising with Boost Home Healthcare?
The Boost Home Healthcare discovery process is designed to onboard franchisees and set them up for continued success.
- Learn More on Informative Calls and Webinar
- Submit Your Application and Review Disclosure Document
- Meet the Team Virtually at Confirmation Day
- Sign the Franchise Agreement
- Become an Official Boost Home Healthcare Franchisee
How do I get more information?
If you are passionate about helping others live their best lives and want the benefits that come with owning your own business, give us a call or fill out the contact form to find out more about starting a franchise. When you do, a member of our team will contact you to learn about your goals and answer your questions.
After submitting your form, you will speak with:
Jodi Ramoino, Franchising Advisor