When hours are trending up, referrals are rolling in, and revenue is steadily increasing, it’s tempting to coast on current referral partner relationships. But is that sustainable long-term? Or is it possible that you could be just one review away from losing a stable referral source? One surefire way to mitigate risk and avoid revenue plateaus is to drive new referral relationships with thoughtfully-targeted partners. Read on to learn how to forge new referral relationships that will keep your agency growing.
In today’s highly competitive home care market, running a profitable home care agency requires multiple revenue streams. Many successful home care company owners have found that they can achieve this by pursuing customers eligible to receive long-term care insurance (LTCI) and Veterans Affairs (VA) benefits. Keep reading to learn how to incorporate these revenue sources into your business.
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