We've brought together a team of educators and home care experts to answer the burning questions that you and every home care owner will ask at some point.
Brett Ringold Vice President of A Long-Term Companion & HCAOA board member
Becki Harrington-Davis Senior Content Marketing Manager at CareAcademy
Brett Ringold Vice President of A Long-Term Companion & HCAOA board member
Adam Corcoran Director of Business Development at Golden Care, owner of Home Care Flyers, helped build a multimillion dollar agency from the ground up
Greg Coopman President at SeniorCareCX
Miriam Allred Head of Partnerships @Careswitch, former host of Vision: The Home Care Leaders Podcast
Short answer: it'll put some pressure on you in terms of getting/keeping clients but it's likely to have an overall net positive effect on your business because it would alleviate caregiver shortages.
While there's no one-size-fits-all answer, here are some facts and factors to consider.
Bottom line? While there are challenges, home care is a good place to be during a recession.
Notes: This was during an interview by our team member Miriam in 2020, on behalf of Home Care Pulse.