How to Start Home a Health Agency in Connecticut
According to Steven Jones, a physician specializing in geriatric medicine, "Boomers" will number 70 million by 2030, making them the oldest and largest generation of seniors in history. Starting a home health agency can be great business opportunity, since the need for health services for seniors is expected to rise in the future. In Connecticut, you can start a home health agency offering nursing care, hospital services, social work services, speech therapy, occupational therapy and physical therapy through certification from the Office of Health Care Access.
Things You'll Need
- Business plan
- Federal employer identification number
- Location near residential area
Instructions
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Write a business plan to organize your home health agency, and obtain financial support from a bank or investors. Include your business overview and market research regarding the population of retirees in Connecticut. According to the U.S. Census, the 65 and over population in Connecticut in 2009 was 13.9 percent, one percent higher than the U.S. average. Describe how the target population in your city is spread out, and include how you plan to reach them. Also include financial projections and an analysis of the competition.
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Apply and obtain your federal employer identification number (FEIN). This is mandatory if you will have employees at your home health agency. Submit form SS-4 through the IRS website IRS.gov. You can also call the IRS at 800-829-4933 to request a form.
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Register for state income tax withholding by visiting the website of Connecticut Department of Revenue Services. You can either register online or through mail.
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Register with the Connecticut Department of Labor as an employer and the state unemployment insurance tax.
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Obtain your home health care agency licensure from the Department of Public Health, Connecticut. This is free as of September 2010. A link to the application form is available through the resources section of this article. You will need to obtain a certificate of Need approval from the Office of Health Care Access, an on-site inspection and a completed application package before you can send your licensure application form.
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Hire only licensed staff. Check their backgrounds and ensure that they possess a valid license to practice in Connecticut. Obtain worker's compensation insurance by checking the Connecticut Department of Labor website.
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Promote your services by networking, advertising, and creating a website that outlines your services and contact information.
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References
- Photo Credit A Warning Sign for Elderly People. image by daseaford from Fotolia.com