Whether you're in home medical equipment or in-home care, HomeCare brings you expert advice on best practices for running your business. From how to maximize your resources, staffing and strategy to software selection, with a special eye to meeting the special requirements of this industry.

Financing growth for your healthcare business: How to improve cash flow

When cash flow is restricted, the choice between paying the bills and building a business becomes stark. Growth for individual healthcare businesses can be stymied even in the midst of growth for the entire health industry. And the opportunity is there. Healthcare is the largest -- and fastest growing -- industry in the United States. Nearly 20% of the economy is devoted to healthcare (1) and one in eight Americans work in the industry (2). By 2024, healthcare will be the largest employer in the country and will create 80% of all new jobs (2).



Industry pressures have required providers to pivot and adapt their businesses at faster-than-normal rates in an effort to counter reduced reimbursements and tougher regulatory requirements