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Recently, I have spoken with several business owners who are in the process of establishing home care services in Florida. Many of whom, were seeking to start a Home Health Agency (HHA), but they were unaware of the alternatives available, such as Nurse Registries (NR) and Homemaker Companion(HC) services. Through these conversations, I realized that many new entrepreneurs assume that an HHA license is the only option for delivering home care services. Learn about these alternatives
When you buy a healthcare business, in Florida, there are special rules, related forms and a Proof of Financial Ability to Operate must be filed with the Agency for Health Care Administration (AHCA). This article will cover the accounting aspects of the transaction to assist in the preparation of the Proof of Financial Ability to Operate.
Another example of grossly underpaid and underappreciated healthcare workers: Home Health Aides and Homemaker Companions. These are the people who take care of us when we need and depend on them
The better we identify, manage and properly deal with mental health issues, the more you will notice a positive effect on job performance,business success and business expansion.
If you just received an email from someone using Adobe Sign and is asking you to electronically sign(E-sign) a document and you are unfamiliar with how to electronically sign(E-sign) a document. And you are generally uncomfortable with technology, you are not alone. This article will show you how to use Adobe Sign from your computer to electronically sign a document from Adobe
If you are thinking about the obtaining a Nurse Registry license for in Florida, then this article will help you understand about a financial form that is submitted to AHCA along with your healthcare license application when you are seeking to do business as a Florida nurse registry.
If you are interested in using budgets, projections or forecasts for your business, without spreadsheets, then this article will help you.I am not in favor of using spreadsheets when developing budgets, projections or forecasts for your business, I prefer an integrated approach that uses simple financial modeling for developing and preparing a balanced projected income statement, projected balance sheet, projected cash flows and detail schedules.
If you are thinking about the obtaining a license for your Florida nurse registry, then this article will help you understand about a financial form that is submitted to AHCA along with your healthcare license application when you are seeking to do business as a Florida nurse registry. This form is call the Proof Financial Ability to Operate and is included in the AHCA nurse registry application.
The most popular question that is asked by applicants seeking a healthcare license in Florida regarding the Proof of Financial Ability to Operate is “How much do I need to show to AHCA “. This article will explain how this number is calculated.
If you can’t afford an audit or review, what is least expensive accounting service that your banker or investor may accept ?
Bookkeepers are responsible for providing accurate, up-to-date financial information about a business.
Thanks to NASDAQ for being pro active in seeking diversity, and thanks to the State of California for passing legislation that mandates diversity, and to both for taking steps to eliminate the disproportionate number of seats on Boards of a Directors.
Simple preventative low cost solutions can avoid dangerous falls and costly Durable Medical Equipment alternatives. It well worth the effort and investment to make minor improvements to your bathrooms, yet many individuals are not making this effort to be proactive.
QuickBooks Self Employed is suitable for people who work in the "shared economy", are self-employed, file a Schedule C with their tax return, have no payroll. It is easier to use than traditional QuickBooks Online. QuickBooks Self Employed is not designed for corporations or partnerships, with the exception of Single Member LLC's, under certain circumstances.
Unlike the traditional small business bank account model, small business owners are able to sign up for QuickBooks Cash online from a mobile device or their computer, without ever having to go to a bank. Perfect for doing business during COVID and eliminating a unnecessary step when setting up a new bank account.
Being compassionate during these unusual times is a win win for the employer/employee or the husband/wife or parent/child. Remember, your employees are everything and so is family.
People have been obsessed with bitcoin, shorting and trading options, while ignoring the basic fundamentals. What really hurts is when we quickly loose large amounts of money for a stupid reason, that could have been avoided. Like the Gamestop fiasco or like not having resources to handle financial or medical emergencies.
A Big 4 audit firm is now a player in the subscription-based bookkeeping business and is positioned to take on Intuit's QuickBooks Live Full-Service Bookkeeping. This change will replace the need for keeping bookkeepers on the payroll. Who would ever think KPMG would enter into the subscription based bookkeeping business.
Separating your business transactions from your personal spending and keeping them in separate bank accounts, is just as important as separating your business life from your personal life.
Without writing the estimate down on paper or using your memory, to enter costs, there is a good chance you will either incorrectly estimate or underestimate the costs required to complete a job which may result in overruns, lower profit margins, labor overages and missing deadlines.
Usually, the current balance in your bank does not agree to your QuickBooks balance(check register, because of timing differences i.e. checks or deposits from today and yesterday that have not been processed by the bank. Bank reconciliations help prevent or detect fraud
Many out of state medical providers that do business in Florida, are under the incorrect belief that they are not required to have a HME license. This is not always correct.
In 2020 Florida legislative session, an exemption to health care clinic licensure for Florida Medicaid providers was added to the Florida Statutes.
When you see 80 year old retired people dancing and laughing, you almost want to join the party. Come join the party for a one minute video and enjoy a group of 80 year old’s dancing and loving life.
If you’re applying for a healthcare license in Florida, chances are you’ve encountered the 15% Operating Margin Rule—a name I’ve chosen to describe this critical requirement for clarity. While not officially named by the Agency for Health Care Administration (AHCA), this rule can seem intimidating at first. But once you understand the fundamentals, it’s just another step in proving your business is financially sound and ready to operate. Let’s walk through what this rule means and how you can meet it with confidence. The 15% Operating Margin Rule exists to ensure new healthcare businesses are financially viable.