Episode 95 | Unlocking Medicaid Rates for Assisted Living Made EASY!
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson breaks down how to find Medicaid rates in your state and why they matter for your assisted living business. If you're new to the industry, this is a must-listen for understanding how Medicaid works, how to access state funding, and how it can help grow your resident base. Brandon shares real-life examples from his Colorado and Idaho facilities, explains Medicaid fee schedules and waivers, and clears up common myths. He also walks you through where to look online for your state’s Medicaid info—and why it’s key to your success.
00:17 – Intro to Brandon and the podcast mission
01:17 – What Medicaid is and why it’s important
02:35 – Free business plan checklist at assistedlivinginvesting.net/bpchecklist
03:00 – Brandon’s background and success with SBA funding
05:47 – Medicaid vs. Medicare 00:06 – Medicaid fee schedules explained
09:00 – Example: Colorado’s fee schedule and waivers
11:31 – How to find your state’s Medicaid rates
17:52 – Join our ALI Basics community 00:27 – Final thoughts and motivation
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 Basics: https://www.assistedlivinginvesting.net/basics
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
Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5
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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