How do independent nurses work?
How do independent nurses work?
The qualifications to start a career as an independent nurse contractor include a nursing degree and a professional license. To become a registered nurse (RN), you need at least an associate degree in nursing and state registration.
How much does it cost to build an assisted living facility?
Currently, mid-level assisted living projects range from $176 to $228 per gross square foot, while mid-level independent living projects range from $147 to $185 per gross square foot, according to a recent special issue brief prepared for the American Seniors Housing Association (ASHA) by The Weitz Company's Amy Burk.
Are RCFE a good business?
Yes, while it is true that real estate can be a good investment over time and a hedge against future inflation, buying an RCFE is more about buying a business. In fact, if you separate out the two, and look at the real estate as one investment and the business as the other, you'll have a clearer picture.
Are assisted living facilities profitable?
It is not very profitable. Medicaid pays little if anything (depending on the state), less than 5% of seniors have long term care to pay for the service, seniors are almost completely dependant on the sale of their home to cover the costs. Margins typically range from -10% to 3%.