Episode 101 | Unlocking the Secrets to Medicaid Certification!
In this episode, Brandon extensively discusses the Medicaid certification process, emphasizing its critical role for profitability in the assisted living sector. He delineates between Medicaid and Medicare, explaining that Medicaid is a state-administered program aimed at individuals with financial need, while Medicare is mainly age-based. Brandon walks listeners through the enrollment and certification processes, highlighting common pitfalls and the necessary documentation.
00:00:00 β Welcome & Introduction
00:00:16 β Topic Overview: Medicaid Certification Process
00:02:44 β What is Medicaid vs Medicare?
00:04:46 β Enrollment vs Certification
00:06:06 β Finding Your Stateβs Provider Enrollment Application
00:08:18 β Application Process & Provider Types
00:10:19 β Submitting Applications & Follow-Up Tips
00:12:51 β Key Paperwork Required
00:16:59 β Personal Information & Privacy Considerations
00:17:46 β Common Questions During Application
00:20:03 β Multiple Payers & Credentialing Complexity
00:22:01 β Why Many Avoid Medicaid & How Coaching Helps
00:24:41 β Final Wrap-Up & Call to Action
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
Follow Us:
Subscribe to the podcast for more episodes.
Leave a review to help us continue bringing you valuable content.
Engage with us on our various platforms for further learning and support.
Facebook | LinkedIn | X | Instagram
