Episode 98 | Unlocking the Secret: How Medicaid Can Fund Your Assisted Living
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson aims to help beginners plan and launch their assisted living business within a year, emphasizing time and financial freedom. He highlights a key topic: leveraging Medicaid for success in assisted living, clarifying misunderstandings, and the distinctions between Medicaid and Medicare. Brandon explains the application process for becoming a Medicaid provider, navigating administrative challenges, and ensuring profitability while serving the Medicaid population. He also shares valuable resources, including a free underwriting calculator and a year-long mastermind program. Aspiring assisted living investors are encouraged to visit the website for more information and support.
00:00 Introduction to the Podcast
00:19 Getting Started with Free Resources
00:40 Understanding Medicaid for Assisted Living
02:30 Medicaid vs. Medicare: Key Differences
04:34 Becoming a Certified Medicaid Provider
05:57 Navigating the Medicaid Application Process
09:44 The Viability of Medicaid for Your Business
13:48 Conclusion and Next Steps
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 Business 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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