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Mastering the 15% Operating Margin Rule for AHCA Licensure in Florida
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.
Change in Ownership Tips for the Proof of Financial Ability to Operate
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.
Don’t Forget About this Nobel Profession: Home Care Workers
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
AHCA’s Requirements for Out of State Home Medical Equipment Providers
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.