Money do home health agencies earn monthly

Money do home health agencies earn monthly

Are you starting a home care business? here is a detailed analysis of monthly / annual income of home care agencies.

According to a study by the National Association for Home Care and Hospice, the annual home health care costs in 2009 for medical care were $ 72 billion. It is clear that the home health care industry has grown since 2009 and is expected to continue to grow as the number of elderly people in society want to stay in their homes all the time.

Domestic helpers are responsible for helping the injured, chronically ill or disabled with everyday life, such as cooking, shopping, cleaning the house, and monitoring blood pressure.

Many of these home health products make money by working around clients’ homes; however, some work in a small group of homes or in larger facilities or care facilities. As with most occupations, their salaries differ depending on the employer and location.

How Much Money Do Home Care Agencies Make Each Month?

In 2011, the median salary for home health aides was about $ 16,410 per year, $ 1,368 per month or $ 7.89 per hour, according to the Bureau of Labor Statistics. The highest wages were over $ 29,530 per year, $ 2,461 per month or $ 14.20 per hour.

The Bureau of Labor Statistics predicts that employment in this occupation will increase by 69% from 2010 to 2021, more than double the 34% expected for health occupations and nearly five times the 14% expected for all occupations in all industries. … The growing older population will increase the demand for this service.

New York City has the most home help jobs, with 14 percent of average-paying jobs, polls show. $ 22,980 per year, $ 1,915 per month or $ 11.05 per hour. Next comes Texas with almost 8% jobs and an average salary of $ 20,920 per year, or $ 9.58 per hour.

In Ohio, with almost the same percentage of jobs, wages are slightly higher, averaging $ 20,360 per year, $ 1,697, or $ 9.79 per hour. Overall, the states with the best wages were Connecticut, with an average of $ 28,500 per year, $ 2,375 per month, or $ 13.70 per hour; Alaska – average $ 27,850 per year, $ 2,320 per month or $ 13.39 per hour; and Vermont averaged $ 27,090 per year, $ 2,257 per month, or $ 13.02 per hour.

Qualifications

You don’t need any formal training to become a home health assistant. In fact, most of them have high school diplomas, according to the Bureau of Labor Statistics. They are trained on the job by more experienced workers, managers or nurses.

They will need to learn how to do some basic homework, such as cooking and cleaning, and how to respond in an emergency, such as a heart attack. Agencies that hire domestic helpers typically receive reimbursement from government sources such as Medicare or Medicaid, and agency workers are required to obtain government certification, which is granted after passing a minimum of training and passing an exam.