Effective 07/01/2024, the California Department of Social Services increased their reimbursement rates to service providers. Rather than making $12,058.7 per resident per month, state law now ensures I will be getting paid $12,245.70 per resident per month. With 4 residents, this will add an additional $8,976, to my revenue, and my expenses have increased ✨$0.00✨.
Not bad 😉. Also, our mentees are winning 🚀. Sevan and Kamel have submitted licensing and will be operating within the coming months.
Brian and Doug acquired an extremely qualified administrator, a 5 bed home, and are about to submit licensing in less than 1 month from their onboarding call.
I’ve completely passed our QA inspection and am now on the hunt for my next two facilities. For those of you on the fence, I wouldn’t wait much longer. For these regional center vendored homes, there isn’t an infinite demand for providers.
I’ll have to take my services nationwide pretty soon.
Reach out if you’re ready to be on the winning side.