In this module, the focus is on essential financial operations for running a home care agency, including payroll management, billing practices, and overall financial management. Key topics include setting up payroll systems, establishing policies for time and attendance, selecting a payroll provider, and understanding the importance of accurate financial reporting. The module also covers best practices for billing clients, managing cash flow, and the importance of segregating accounts to maintain clarity in financial operations.
By the end of this module, you will understand how to effectively manage payroll, billing, and financial aspects of your agency to ensure profitability and compliance.
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