How much does a BrightStar Care franchise cost?
- Initial Franchise Fee: $50,000
- Total Investment: $101,656 to $169,414
- Working Capital: $28,559 to $53,803
- Royalty Fee: 6.5%
Full Answer
How much is around the clock care?
To answer your most basic question: An in-home caregiver costs a national average of $24 per hour, which works out to $4,032 per week and $17,280 per month for 24/7 care. However, costs vary significantly based on the type of overnight care you select and the state where you live.
How much does a BrightStar franchise make?
In 2021, for our franchisees' first BrightStar Care locations only, the combined average revenue was $2,213,799*, while the combined average revenue for the top quartile of our franchisees' first locations was $4,488,397**.
How many locations does BrightStar Care have?
329 BrightStar Care locationsLocations are found in thirty-eight states and Canada. As of 2016 there were about 300 franchise locations. As of 2017, the company employed 100,000 nurses and caregivers. In 2018, there were 329 BrightStar Care locations.
How long has BrightStar Care been in business?
Founded BrightStar Care in 2002 and expanded through franchising in 2005. Today, the brand has grown to over 365 locations represented by 200 small businesses and reached $639M in revenue in 2021.
Who runs Bright Star?
Shelly SunOur founder and CEO, Shelly Sun, began her journey in 2001 after having a personal experience looking for quality, trustworthy care for “Grandma Pat.”
Who is the owner of BrightStar?
SoftBank GroupLikewize / Parent organizationSoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. Wikipedia
Who is the founder of BrightStar Care?
Shelly SunWith a background in accounting rather than home care, BrightStar Care founder and CEO Shelly Sun has embodied changemaking from the inception of her company, which today is a franchiser of in-home care services spanning more than 340 locations in the U.S. with several lines of business.
Who is the woman in the BrightStar Care commercial?
Shelly SunInterview: Shelly Sun, BrightStar Care.
What made BrightStar successful?
BrightStar Care defined success by three factors which we used to drive strategic decisions: Percentage of franchise locations who hit monthly lead goals. The number of leads driven system-wide. System-wide CPL figures.
Does Shelly Sun have children?
Family: Married to J.D. Sun, BrightStar co-founder. They have twin sons.
How much does BrightStar Care cost?
BrightStar Care services cost about $32 per hour, but the price will vary by location and level of care provided.
Does BrightStar Care require a weekly minimum commitment?
There is no minimum commitment required at BrightStar Care. The company can assist with in-home care services for as little as an hour or up to 24...
How can I find BrightStar Care?
You can find a BrightStar Care location near you by visiting the Find Care Services tab on the company’s website.
Does BrightStar Care offer skilled nursing services?
Yes, it offers skilled nursing services, including wound care, dressing changes, catheter maintenance, and blood draws and injections.
Does BrightStar Care accept Medicare and Medicaid?
BrightStar Care does not accept Medicare, but it can partner with both you and your Medicare home health agency for additional care support. Contac...
What makes BrightStar Care different from other home health franchises?
BrightStar Care franchisees have access to multiple revenue streams, such as home health care, companion care, skilled services, staffing, senior care, childcare, and others.
What are the minimum financial qualifications for the home health care franchise?
Franchisees should have access to liquid capital of $150,000. We recommend additional capital or income so you can comfortably cover living expenses until your business ramps up.
How can I get a copy of the BrightStar Care Franchise Disclosure Document?
We provide our Franchise Disclosure Document to candidates who want to further explore our BrightStar Care franchising opportunities. Please submit an application to request one today.
What support do you provide?
BrightStar Care franchisees receive three weeks of initial training as well as ongoing franchise support. We provide training for each franchisee’s Director of Nursing, Sales Director, and Branch Manager. In addition, franchisees are placed in the BrightStart ® program and have the one-on-one support of a Start Coach to coach, support, and assist them with business start-up tasks, business management, organization and promotion of their business. In addition, franchisees are also assigned an ongoing Field Support Coach, and have access to BrightStar’s corporate staff, and fellow franchisees. We also host two national conferences every year to bring franchisees and their staff together, to discuss new initiatives, and to share best practices.
How do I manage staff and scheduling?
BrightStar Care has an exclusive, proprietary technology system in place to help you manage every aspect of your BrightStar Care home health care business.
What is Brightstar national account?
National Accounts – BrightStar has established large national and regional accounts that our franchisees can benefit from. These relationships provide additional revenue opportunities for franchisees that are participating in the program.
What is Joint Commission accreditation?
Joint Commission Accreditation – Our franchisees are required to obtain Joint Commission Accreditation, which is considered the highest standard for health care organizations and earned by many hospitals, doctors’ offices, and nursing homes. This dedication to high standards sets us apart from our competition and provides clients with peace of mind knowing that their loved ones are being cared for by a professional organization.
What is private pay?
Private pay helps cover additional care services that can supplement the limited services and support covered by other sources like Medicaid or Medicare as well as the “elimination period” before long-term care policy begins to pay benefits.
How to find home care for a loved one?
A critical step in finding the right home care for a loved one is knowing your options for paying for services . With different service providers accepting different payment methods and different payment sources covering different services, this important step in the process can be challenging. This basic introduction can help you get started, ask the right questions, and make the right decision. Contact your local BrightStar Care office to learn even more about different solutions so your loved one can receive the best care.
What insurance do they have for home care?
What health insurance do they have? What does it cover? Six common ways to pay for home care services are private pay or “out of pocket” (cash, check, credit, or trust), long-term care insurance, private health insurance, VA benefits, Medicaid, and Medicare.
What can long term care pay for?
Long term care benefits can pay for in-home assistance with Activities of Daily Living such as bathing, dressing, incontinence care, toileting, eating and assistance with transfers in addition to things like meal prep, light housekeeping, transportation, medication reminders & more, in the comfort of their own home.
What is a veteran aid and attendance pension?
The Veterans Aide & Attendance Pension provides qualified veterans and surviving spouses, a pension that can help pay for at-home assistance with daily living activities such as bathing, dressing, transferring, toileting, light housekeeping, transportation, meal preparation and more.
Is Brightstar Care in network with insurance?
Thanks to partnerships with national insurance companies, BrightStar Care offices are credentialed in-network with insurance companies across the country. Many BrightStar Care office s also are in-network with local insurance companies. Call to learn more.
Does Brightstar Care bill LTCi?
BrightStar Care helps our clients understand and process their Long Term Care Insurance (LTCi) claim. We may bill your LTCi directly. In order to bill the insurance, clients complete a simple “Assignment of Benefit” or “Direction to Pay” form. When we bill insurance on your behalf, we save you the effort of sending in documentation of care provided and waiting 30+ days to get reimbursed by the insurance.
About Brightstar Care Homes Summerset
Brightstar Care Homes Summerset is a board and care home located in Boise, ID that offers a home-like environment. The cost at this property starts at $2,908, while the average cost for a senior living community in Boise, ID is $3,500. These are estimated prices.
Have questions? Our Seniorly Local Advisors are ready to help you
Our Seniorly Local Advisors will guide you through the entire process of finding the right senior living community. After they assess you or your loved one’s lifestyle, care needs, budget, they will send you information on senior living communities that fit your needs.
Amenities at Brightstar Care Homes Summerset
Brightstar Care Homes Summerset is licensed by the state of ID. Visit the state licensing website for more information.
Helpful Assisted Living Articles
Learn answers to the most frequently asked questions about board and care homes, including questions about daily life, medical care, and costs.
What Does a BrightStar Care Franchise Cost?
To buy a franchise with BrightStar Care, you'll need to have at least $100,000 in liquid capital. Franchisees can expect to make a total investment of $105,735 - $170,457. They also offer financing via 3rd party as well as a discount for veterans ($5000 Off Franchise Fee). *
What is BrightStar software?
Proprietary Software & Business Solution Technology-BrightStar has developed a fully integrated platform to simplify your business operation with full mobile capabilities for your team of caregivers
Is Brightstar Care recession resistant?
BrightStar Care has proven to be both pandemic and recession resistant by providing skilled and non-skilled in-home health care and medical staffing. Our franchisees improve the health and quality of life for their clients while easing the caregiving burden on their loved ones.
Who Should Consider BrightStar Healthcare?
BrightStar Care is ideal for any senior who needs personal care, friendly companionship, or just an extra set of hands around the home. The agency is especially suited for those who require:
How often do BrightStar caregivers turn patients?
BrightStar caregivers are trained to turn bed-bound patients every two hours and provide pressure relief every 15 minutes for clients in a wheelchair. This can help prevent issues caused by prolonged immobility, such as ulcers and pressure sores. Nurses use proper techniques to move patients with slide boards and Hoyer lifts, reducing the chance of injuries and falls during transport.
How long does Brightstar care for seniors?
BrightStar caregivers keep seniors safe and comfortable at home, allowing them to remain in a familiar and soothing environment. 24-hour live-in care. When seniors need help getting out of bed, eating or using the restroom, having a caregiver visit for only a few hours per day might not be enough.
What is Brightstar Care?
BrightStar Care is an award-winning home nursing agency dedicated to helping seniors age in place with grace and dignity. Founded in 2002, the company operates on a franchise model with more than 300 locations nationwide. BrightStar guarantees the best possible match between caregiver and client thanks to industry-leading screening ...
What is memory care?
Memory care includes a full range of supportive services, from housekeeping and transportation to skilled nursing and medication management. Care may be provided for just a few hours per day, or if 24/7 support is needed, a live-in caregiver can be arranged. Respite support is available for family caregivers, allowing them to recharge and prevent burnout.
What is transitional care?
Transitional care is offered to seniors returning home from the hospital, rehab center or other health care setting. Nurses provide assistance with recovery for a number of conditions, including:
What do nurses do with inhalers?
Nurses teach clients how to properly use their inhalers for effective medication delivery. Regular assessments include oxygenation and respiratory status checks. Coordinators can work with clients to help them stop smoking, if applicable.
How to contact Brightstar Care?
A: Find a BrightStar Care near you, send us a note about your needs or call us toll free at (866) 618 – STAR (7827). Let’s talk to see how we may best be of service. Depending on what you feel is necessary, we can arrange a time to schedule a personal assessment so we can complete the picture.
What distinguishes BrightStar?
A: What distinguishes BrightStar is that the care we provide revolves around you, our client. The services we provide are custom tailored to each client’s individual needs. We are also available to all of our clients around the clock. Our team is available 24 hours a day, 7 days a week to provide service whenever it is needed. We’ll be there anytime. Any place. But don’t take our word for it, see our awards for yourself.
Is Brightstar Care covered by insurance?
The potential to lose everything you have worked so hard to achieve seems an unnecessary risk. Every one of BrightStar Care’s employees are completely covered by insurance so you and your loved ones can relax knowing that if something unforeseen happens to your caregiver, they are completely covered by insurance.
Is Brightstar Care the right place for you?
A: Yes, we are always seeking out those who want to deliver the best in-home care. To learn more about if BrightStar Care is the right place for you, visit Working for BrightStar Care in our Careers section.
Do home health aides have to be bonded?
We interview everyone in person and then conduct a thorough reference, criminal background check, and drug screen test. Everyone that works with us, from home health aides to nurses, are bonded and insured.
Can phlebotomists do blood draws?
For example, because we recruit phlebotomists for various labs, we are able to offer in-home blood draws. We are also able to have nurses perform medication set-ups, and even have nurses perform around-the-clock care depending on the need. It is a benefit that we are able to offer because we have a large pool of professionals to draw from. It’s just another way we’re making more possible each and every day. Let us know how we can help.
Does Medicare pay for long term care?
A: Medicare does not pay for this type of care. Many long-term care policies will reimburse for these kinds of services. We are happy to work with your insurance company to make that determination. We will also assist you by billing the insurance company directly. Read our guide on How to Pay for In-Home Care for more information.
