Opening a Residential Assisted Living

  1. Hi!

    I am an RN and my mother a CNA. She approached me with idea of opening an ALF out of her home (3b/2bath).

    We live in Florida and from the area we live average went is around 2k-5k a room.

    She would care for the patient and I would be the administrator essentially.

    we would hire 1 CNA to care for the patient at night.

    Our goal would be to get licensed after obtaining 3 patients and then get a larger home and repeat.

    This seems like a no-brainer for nurses however i fear that this would business would take an immense amount of hours to manage and keep vacancy down.

    I do not have any reference for this business venture and hoping to hear some feedback on this journey

    Thank you
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    About widmaerjm

    Joined: Nov '13; Posts: 31; Likes: 7

    2 Comments

  3. by   elkpark
    Have you talked to your state healthcare licensing agency yet about what requirements you would have to meet in order to open and operate a facility? That would be a good place to start. They can provide you with a copy of the state rules and regs for assisted living facilities.
  4. by   TEXASWAG
    My best friend and I bought a home and set it up as a personal care home here in TX. We still have the home, but we're renting it out to a married couple. When our last client passed away, my best friend decided to go back to nursing school. Here are just a few things we learned along the way:
    1. Contact whatever regulatory agency you have in your state and know the rules. We could only have 3 people as residents because we were considered a "personal care home", and we did not have a sprinkler system in the home .
    2. We priced sprinkler systems after we had bought the home. We were getting quotes up to $30,000 to have a sprinkler system installed from the "installers".
    3. We had a website.
    4. We set up the company as an LLC.
    5. If one of our caregivers called in, we had to cover. One time I was in the home with the client for 48 hours. Cooking, cleaning, dressing, turning him every 2 hours during the day and night.
    6. Be prepared for when your client goes from walking to wheelchair to being bed bound.

    Anyway, I say go for it but do your research first and always check out the competition in your city.

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