The Problem
Healthcare FinTech Showcase interview with Chris Stenglein - CEO of Provider Web Capital.
Please see the video below to learn more about Provider Web Capital!
Keeping your metrics balanced is a vital step that DME managers that are serious about keeping their records clean and current are not willing to skip. However, metrics are just one determining factor that let you know whether or not your DME management plan needs tweaking. This particular article was written with those who feel like their metrics may be a bit too far gone for DME management alone.
Please see the video below to learn about a day in the life of the Provider Web Capital team!
In 2016 alone, an estimated 3-million baby-boomer adults will retire to their homes. While this seems like good news that may benefit the home health care field, it may not. What many people don’t know is that caregivers are leaving their posts due to underpayment and extreme levels of stress to deliver quality care with less than fair wages and compensation.
As the years go on reimbursements get slimmer and slimmer. Options for medical reimbursement are becoming a thing of the past. Let’s face the music—reimbursement options are getting worse for people in the homecare field.
Provider Web Capital is excited to announce its continued monthly origination growth, with year to date originations up 184% from the same period in 2015. Transactions of note are highlighted below:
Homecare is not the same dreaded means to an end that it was just a few decades ago. Technology has become more reliable and medicine is more readily available for those who choose to receive care and treatment from the home.
As all small business owners know, the ability to manage short-term operating needs and long-term profitability goals can be quite cumbersome. The goal of owning a for-profit business is to maximize the value of the firm, but as everybody realizes, it’s the little things that allows your business to achieve that goal. A functioning business must be able to budget their expenses properly; a small business owner can’t earn a profit if he can’t manage his expenses.