HRA is… a resource for home care, hospice and other ambulatory care Companies
Home care, hospice and other ambulatory care providers are faced with unprecedented competition as the growing numbers of seniors and elderly throughout the country fuel the continual entry of new providers. Although there has been some consolidation led by national and regional chains, most of these businesses remain highly fragmented, small business entities with few barriers to market entry.
Since all healthcare services are localized businesses, they succeed or fail based upon local management and their local market reputations. Although our aging demographics fuel the growing demand for healthcare services, increased competition and downward pressure on charges pose continuous challenges for the providers of healthcare services. To meet these challenges, both owners and managers need resources beyond those found in-house.
HRA brings a wide range of expertise and resources to those companies providing services and products to patients, and their families, in the home environment:
Packaging of “niche-focused” services targeting specific medical conditions
Reimbursement assistance and third party contracting
Restructuring of internal operations
Differentiated, localized marketing strategies
Joint ventures and partnerships with other providers
Start-ups, roll-ups and integration of newly acquired businesses
Compliance & regulatory issues