How much should you charge for your in-home care services? What’s the best way to calculate the direct costs of providing care? What are your gross margins, and how much should they be?

These are all questions that Private Duty Home Care owners ask themselves.

Our experience is that most companies in this business don’t make as much money as they could because they charge too little … not because they charge too much.

You will be able to do much more for your clients, their families, your employees, and your own family when you company is wildly profitable. To make a lot of money in this business, you need to charge more than you spend. To do that, you need to know exactly what it costs you to deliver care. Then you need to know how much is left to operate your office, do your marketing, and take out your Owner’s Discretionary Income. (See our ODI calculator to help grow your personal income)

The Billing Rate Calculator^TM is based on a Microsoft Excel spreadsheet. It will help you define the indicators that you want to use to set your prices, and make sure you are using consistent methods to calculate your company’s results.

Private Duty Home Care Billing Rates can be calculated in two ways using this tool:

Cost-Plus Method - Perfect for companies who need to include fixed overhead and owners income and still add profit to every case.
Gross Margin Method - Perfect for companies who want to capture a certain percentage of operating margin on every case.

Additionally, you will receive time-and-a-half billing rates for holidays or other overtime situations.

This is the first and only calculator of its kind in Private duty Home care. Once you plug your own raw numbers into the calculator, the built in formulas will calculate the results and help you determine the best price for your services.

Order the PDHC Billing Rates Calculator™ for only $29.00, delivered directly to your email inbox.

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