Full-service financial solutions built for home care
Targeted solutions with strategic advice specific for home care
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In Your Business
Custom services for your business spanning accounting, billing, payroll, and process management
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On Your Business
In-depth analysis on margins, expense categorization, working capital, and revenue streams
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About Your Business
A Client Compass with real-time insights, trends, and overall financial health metrics for your business
We Put The Home Care CPAs Under the Microscope
A quick FAQ podcast with Dana Charumbira the Managing Director at The Home Care CPAs
What are the top 3 financial mistakes you see home care businesses making and how do you help them solve it?
Owner focuses too heavily one aspect of financial performance—typically cashflow or profitability.
Owner increases spending prematurely during business growth without assessing affordability.
Not digging into financials methodically by payer or referral source.
Why should I pick The Home Care CPAs over my local CPA?
We offer industry-specific feedback on gross margin, national and geographic trends, and overhead spend. We leverage industry benchmarking reports to provide relevant insights.
What’s the profile of a home care agency seeing the biggest wins with your services?
Agencies where the owner actively engages and wants to discuss their financials see the most success. From a revenue perspective, agencies in the $1.5 million to $8 million range often benefit significantly, especially during growth. And generally, any agency going through growing pains can find their services helpful.
What are the top 3 financial KPIs for a home care business?
Top KPIs include gross margin and net income or return on sales.
We also heavily emphasize Day Sales Outstanding (DSO) to track how quickly the agency gets paid.
Less common but insightful KPIs are client additions and attrition by payer sources.
We also analyze the ROI on digital marketing spend and activity by referral source.
Give us a quick taste of one of your biggest success stories.
We worked with an agency that grew from around $20,000 in revenue to over $2 million and expanded locations. This agency embraced feedback and metrics, diligently reviewing monthly reports. The owner incentivized staff based on key metrics and closely monitored financials, leading to sustainable growth.
Bonus: What Don't Most People Know About The Home Care CPAs?
Our strong value of curiosity drives their deep analysis of client financials and underlying factors.
We are a progressive firm that actively seeks and utilizes technology for automation.
Our diverse work culture fosters the challenging of traditional approaches.
Trusted partners who enable you for sustainable financial growth.
See how your business could benefit from a specialized home care CPA firm.
Stronger finances for smarter growth
The Home Care CPAs specialize in helping home care agencies optimize cash flow, streamline billing and payroll, and build scalable financial strategies.
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