Here it is, what every long-term care leader has been asking for: the definitive work establishing financial feasibility of the household model with financial data and tables to prove it.
This Technical Brief is of vital importance to any Board of Directors, CEO, owner or master planning team that is considering the Household Model in any of its various forms.
The Editorial and Technical Brief on The Household Model Business Case by Steve Shields and David Slack provides staffing and operations budget by house size, financial analysis of optimum number of houses in a project, and the other key ingredients necessary to establish your own household model business plan.
"People buy products they want," the brief explains, "and if the product is reliable, they become loyal customers. The Household Model's product is 'residents who direct their own lives in their own home' and it's a new product the public wants. That's the basis for the business case. The rest of the case, the other four principles, answers the next logical questions: How do we produce it, what does it look like, and can we make money?"
In the brief, the authors:
attempt to broaden the national conversation about the Household Model and expand provider confidence in moving quickly to adopt it;
demonstrate the financial flexibility and feasibility of the Household Model, trademarked or otherwise, based on the decision that each provider makes;
provide graphs and financial outcomes garnered from almost a decade of Household Model operation; and
remove the mystery and lay the groundwork for you to move forward with confidence to the Household Model.
The brief condenses millions of dollars of research and development spent by pioneering household providers into a single document. As this ground-breaking publication itself explains, time, money and energy spent on a feasibility study will ensure greater success and money saved in the long run. Order your organization's copy today.