Episode 55 | Medicaid: The Best Kept Secret for Profitable Assisted Living.mp4
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through the essentials of launching an assisted living business within a year. Brandon shares insights from his extensive experience in the assisted living industry, emphasizing the opportunities and challenges tied to Medicaid. He elaborates on how Medicaid works, its benefits, and the ways it can be a hidden gem in assisted living investments. The episode also addresses common misconceptions about Medicaid, providing a thorough breakdown of Medicaid payments, the importance of proper documentation, and strategies for raising rates.
00:00 Introduction to the Podcast
01:05 About Your Host, Brandon Gustafson
02:32 Understanding Medicaid in Assisted Living
04:07 The Benefits of Medicaid
05:55 Challenges and Misconceptions of Medicaid
09:00 How Medicaid Payments Work
15:52 Raising Rates and Advocacy
19:31 Debunking Medicaid Myths
25:04 Conclusion and Final Thoughts
Resources Mentioned:
Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.
Get your free business plan checklist today: https://urlgeni.us/alibpc
Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind
Apply for the Mastermind today: alimastermind.com/application
Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics
Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM
Get the 12 Week Year Book: https://amzn.to/4bAOpQf
Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink
Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg
FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590
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